Sygma: AI to assess motor vehicle damage using photos

Sygma, a Moroccan start-up, is developing a solution that can assess motor vehicle damage and repair costs based on a photo. This solution, which reduces the adjustment time, will be integrated into Wafa Assurance's "My Wafa" application in 2024.

The accuracy rate of this AI-based program is currently 85%. Sygma is aiming to achieve an efficiency rate of 95% during the first quarter of 2024.

The start-up is currently negotiating a 5 million MAD (483 000 USD) fundraising round with three funds, including Positif Invest.