AMODO
Cambridge Mobile Telematics (CMT) is the world's largest telematics service provider, focused on making roads and drivers safer through its AI-driven platform, DriveWell Fusion®. The platform proactively identifies and reduces driving risk, leading to fewer crashes and injuries. CMT partners with insurers, automakers, commercial mobility companies, and the public sector to measure risk, detect crashes, provide assistance, and streamline claims. Their technology has helped prevent over 93,000 crashes and protected more than 50,000 people from serious injuries globally. CMT operates internationally with offices in multiple locations, including Europe, Asia, and the US.
AMODO
Cambridge Mobile Telematics (CMT) is the world's largest telematics service provider, focused on making roads and drivers safer through its AI-driven platform, DriveWell Fusion®. The platform proactively identifies and reduces driving risk, leading to fewer crashes and injuries. CMT partners with insurers, automakers, commercial mobility companies, and the public sector to measure risk, detect crashes, provide assistance, and streamline claims. Their technology has helped prevent over 93,000 crashes and protected more than 50,000 people from serious injuries globally. CMT operates internationally with offices in multiple locations, including Europe, Asia, and the US.
TL;DR
Headquarters: Zagreb, Croatia
Space: Insurtech / telematics SaaS
Founded: 2013
Exit: Acquired by Cambridge Mobile Telematics (announced Mar 1, 2023)
Known funding: Series A on 2020-05-11; 3 disclosed rounds
Company Overview
Problem Domain
Insurers need accurate driver and mobility data to price risk, design pay-as-you-drive/pay-how-you-drive products, and enable digital distribution.
Founded
2013
Industry
Insurtech
Funding Track Record
Investor Signal
“Lead Ventures, SGH Capital, BEENEXT, Speedinvest, Alchemist Accelerator”