Posted: 1 year ago

SPINCAR: Looking Forward to Using PULSAR AI Technology Innovations

SpinCar, the global leader in digital automation trading software and data, announced today the acquisition of Georgian startup Pulsar AI, which has developed advanced technology based on artificial intelligence for automated dialogue for car dealers.

In the shortest time, Pulsar AI is already worth tens of millions of dollars.

Pulsar AI technologies will be integrated into the SpinCar platform, and all Pulsar employees will continue to develop technology with the SpinCar team.

According to Devin Daly, co-founder and CEO of SpinCar, Pulsar AI machine learning engineers, programmers, data scientists, linguists and management team have created one of the most advanced Conversational AI technology available today.

"We are happy to have Georgian company joining the SpinCar family. We look forward to using Pulsar AI expertise and cutting-edge technology to deliver better business results. It will make the process of buying a car online for the customer," said Devin Daly.

According to SpinCar co-founder Michael Quigley, the acquisition of Pulsar is an important component of SpinCar's growth strategy.

Let us remind you that Dachi Choladze and Zaal Gachechiladze started creating AI-based technologies for various financial companies in Georgia in 2016. In 2019, Sopho Chkoidze joined the team and together they founded Pulsar, which created the world's leading Conversational AI technology.

Pulsar attracted $ 1.2M investment in Silicon Valley in 2019 and soon became the first Georgian technology startup with a successful global “Exit.” Pulsar was also one of the first companies to receive support from the Georgian Agency for Innovation and Technology (GITA). This success of Pulsar is a very important achievement for the Georgian startup ecosystem.

SpinCar offers auto dealers and business players in the auto industry state-of-the-art technology solutions for digital sales. The company creates products where the customer gets the same experience in the digital space as when visiting the showroom. SpinCar data and digital technology are entirely based on customer behavior and therefore fit exactly into the best car buying experience.