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Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered…

Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered…
Category: AI-driven commercial/fleet auto insurance (insurtech)
Founded: 2019
Headquarters: Sacramento, California
Founder & CEO: Jonathan Matus
Latest disclosed round: Series B, $46M (Mar 2023)
$88M
Commercial auto risk pricing and fleet safety management.
2019
Insurance
$42M
Company de-stealthed and announced Series A.
$46M
Reported Series B raise to apply AI to commercial auto insurance.
“Backed by institutional and venture investors including Battery Ventures, Foundation Capital, and Aquiline Technology Growth; investor roster also includes angel/individual investors.”
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