In order to expedite expansion, the spine million raises 16 million in a series of Verdex Ventures -led Series A Fund

Million has raised 16 million in a series of AI-running AI-running visual business platform for the automotive business, Spain and Versex Ventures. In this round, participation from existing investors, including hair, storm ventures and alteria Capital, which initially doubled their investments.

The company plans to use this investment in the United States and develops its next generation AI solutions designed to change the vehicle retail.

Expansion plans

Spine plans to expand its dealer site to over 1,500 to 20,000 roofs worldwide in the coming years. The new capital will improve its AI-running site, expand its technical infrastructure and expand its new international markets, including high growth areas throughout the EMEA and APAC.

In addition, spine is developing beyond its main visual trade capabilities to create an integrated Geneoy and LLM-free vehicle retail. This comprehensive solution will change how the dealership operates using agencies AI, from digital and pricing, to digitalization, distribution and AI-motivation customer management, by addressing each feature of their retail for small and medium sized vendors.

Sanjay Warnwal, the co -founder and chief executive of Spine, expressed his view to the company, “This investment refers to a major moment for Spain because we expedite our US expansion and push the boundaries to what AI can do for automotive retail sales. Our view of digital vehicles to dealerships around the world is intelligent, fast and fastest. As we create a type of defining retail AI for the industry, we are happy to be on the vertex ventors ship with the unwavering support of the existing investors hair and storm. ”

To support this goal, Spain establishes a unique US business development team led by an experienced country leader, with a team of accounting executives and customer success experts. This strategic action will further create the brand’s presence in the country and develop deep contacts with dealerships, OEMs and markets.

General partner of Verdex Ventures Sea said, “In Vertex, there is a long -term study around special AI applications that solve vertical use events. Spine has proven this in solving the basic pain point for auto dealerships that improve AI to improve vehicle commercialization and retail. We are happy to guide and support their journey because they are bought and measured online.

In the last 15 months, Spain has experienced growth and has been targeting an ambitious 3X revenue increase in 2025-26. The company is constantly expanding in new international markets, including high growth areas in EMEA and APAC, and reflects the strategy of its successful American meeting to improve global adoption.

Anceen’s Chief Minister Pratik Agarwal added, “Spine’s decision to focus on the vertical sauce for the auto is a master class in the execution -turning the moving ship while continuing. The team’s setback in the GTM solving, in conjunction with their capital-capable approach, has come to close them to profit. ”