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Founded Year

2010

Stage

Corporate Minority | Alive

Total Raised

$502.5M

Last Raised

$500M | 6 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+11 points in the past 30 days

About Cambridge Mobile Telematics

Cambridge Mobile Telematics is a leading provider in the telematics and analytics sector, focusing on road safety and driver behavior. The company offers a platform that collects and analyzes data from IoT devices to improve vehicle and driver safety, and provides insights for risk assessment and driver improvement programs. Its services cater to auto insurers, automakers, commercial mobility companies, and the public sector. It was founded in 2010 and is based in Cambridge, Massachusetts.

Headquarters Location

314 Main Street Suite 1200

Cambridge, Massachusetts, 02142,

United States

800-941-7177

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ESPs containing Cambridge Mobile Telematics

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Supply Chain & Procurement

The fleet management & telematics software market provides software solutions for managing and optimizing fleet operations, including vehicle tracking, fuel management, maintenance scheduling, and driver performance monitoring. Various industries such as transportation, logistics, and construction can leverage these solutions alongside IoT technology, AI, and cloud computing. Companies investing i…

Cambridge Mobile Telematics named as Outperformer among 15 other companies, including SAP, Trimble, and Motive.

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Research containing Cambridge Mobile Telematics

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cambridge Mobile Telematics in 7 CB Insights research briefs, most recently on Mar 21, 2024.

Expert Collections containing Cambridge Mobile Telematics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cambridge Mobile Telematics is included in 8 Expert Collections, including Auto Tech.

A

Auto Tech

2,602 items

Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.

S

Supply Chain & Logistics Tech

4,392 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,249 items

I

Insurtech

4,363 items

Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

9,304 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

F

Fintech 100

749 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Cambridge Mobile Telematics Patents

Cambridge Mobile Telematics has filed 93 patents.

The 3 most popular patent topics include:

  • global positioning system
  • sensors
  • geolocation
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/28/2023

10/29/2024

Spruance-class destroyers, Classification algorithms, Ships sunk as targets, Statistical classification, Lithics

Grant

Application Date

11/28/2023

Grant Date

10/29/2024

Title

Related Topics

Spruance-class destroyers, Classification algorithms, Ships sunk as targets, Statistical classification, Lithics

Status

Grant

Latest Cambridge Mobile Telematics News

Cambridge Mobile Telematics Announces Enhanced Driver Experiences, Crash Capabilities, and Developer Tools

Oct 21, 2024

Streamlined onboarding and advanced driver/passenger classification algorithms drive telematics program engagement and adoption October 21, 2024, Cambridge, MA — Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, today has unveiled major enhancements to its industry-leading DriveWell Risk and DriveWell Crash & Claims Product Suites. These advancements include a simplified onboarding process, enhanced driver/passenger classification, and new crash detection models that deliver unprecedented accuracy across all crash severities. In addition, CMT is introducing new developer tools that make building safe driving experiences on the DriveWell Fusion® platform easier than ever. CMT has measured the driving behaviors of over 40 million users to date. With its new streamlined onboarding process for Tag customers, drivers no longer need to take multiple steps to link their safe driving app with the Tag. They just stick the Tag to their windshield and CMT’s technology automatically links it to their account. These improvements make it easier than ever for users to activate their telematics program, increasing adoption rates and reducing support calls. Creating a seamless driver experience is the foundation for any successful telematics program, which is why CMT continues to refine its algorithms that differentiate between drivers and passengers. In its latest update, CMT has introduced driver/passenger classifications with even higher accuracy. A recent University of Pennsylvania Medicine Nudge Unit study by independent researchers found CMT’s driver/passenger classifications to be 97% accurate. Ensuring a smooth experience when users upgrade their smartphones is also key to the telematics experience. With this update, CMT has streamlined the process for transferring telematics accounts to new devices. This improvement ensures that users keep their discounts intact and insurers retain customers without disruptions when upgrading their devices. More accurate crash models for all severity levels CMT has enhanced its crash detection capabilities. New high-frequency crash models leverage advanced methodologies, similar to those used in large language models, to better understand the complexities and variances of real-world crashes. CMT’s newest crash model captures more crashes across all levels of severity, providing insurers with even more accurate data for improved claims processing and crash response. Millions of people rely on CMT’s crash technology today, and CMT is working to ensure every driver has access to life-saving crash detection and emergency response. In this update, CMT has integrated Apple’s SafetyKit signals as an input into DriveWell Crash & Claims AI models, helping insurers expand their crash response and digital claims coverage. With the DriveWell Fusion® platform harmonizing driving data across platforms and devices, CMT is uniquely able to create a seamless consumer experience when both Apple® and CMT detect a crash. CMT’s new Claims Exchange uses telematics data to provide insurers with a single view of multi-vehicle crashes involving two vehicles or drivers on the CMT platform. This view gives insurers an unbiased, data-rich reconstruction of the crash scene, allowing for faster and more precise investigations and liability decisions, accelerating the entire claims process. Policyholders receive quicker settlements and get back on the road faster. Improved developer tools With CMT measuring and protecting tens of millions of users around the world, developer-friendliness is key. CMT’s latest update introduces new tools to simplify development and streamline telematics program management: Developers can now use the Flutter and React Native frameworks, allowing them to maintain a single codebase for both Android and iOS apps. CMT’s latest reference app updates provide streamlined, best-practice guides for integrating key features such as CMT’s Crash Assistance, Eco Score, and Fuel Score, making them easier to deploy and maintain. CMT has also enhanced its privacy management tools with a new API, simplifying data management and data privacy compliance for enterprises and app developers. “Our latest advancements create seamless experiences for end users, enterprises, and app developers,” said Hari Balakrishnan, CMT’s co-founder and CTO. “Our crash models have been improving rapidly, fueled by ground truth from our IoT devices and by leveraging the latest advances in machine learning, while incorporating signals from Apple SafetyKit further improves coverage. And with our enhanced developer tools, accurate insights, and on-boarding and retention tools, it’s easier than ever to build large-scale safe-driving programs on the DriveWell Fusion platform to engage and delight users.” About Cambridge Mobile Telematics Cambridge Mobile Telematics (CMT) is the world’s largest telematics service provider. Its mission is to make the world’s roads and drivers safer. The company’s AI-driven platform, DriveWell Fusion®, gathers sensor data from tens of millions of IoT devices — including smartphones, proprietary Tags, connected vehicles, dashcams, and third-party devices — and fuses them with contextual data to create a unified view of vehicle and driver behavior. Auto insurers, automakers, commercial mobility companies, and the public sector use insights from CMT’s platform to power risk assessment, safety, claims, and driver improvement programs. Headquartered in Cambridge, MA, with offices in Budapest, Chennai, Seattle, Tokyo, and Zagreb, CMT measures and protects tens of millions of drivers worldwide every day. Media Contact:

Cambridge Mobile Telematics Frequently Asked Questions (FAQ)

  • When was Cambridge Mobile Telematics founded?

    Cambridge Mobile Telematics was founded in 2010.

  • Where is Cambridge Mobile Telematics's headquarters?

    Cambridge Mobile Telematics's headquarters is located at 314 Main Street, Cambridge.

  • What is Cambridge Mobile Telematics's latest funding round?

    Cambridge Mobile Telematics's latest funding round is Corporate Minority.

  • How much did Cambridge Mobile Telematics raise?

    Cambridge Mobile Telematics raised a total of $502.5M.

  • Who are the investors of Cambridge Mobile Telematics?

    Investors of Cambridge Mobile Telematics include SoftBank, MIT Csail and State Farm Ventures.

  • Who are Cambridge Mobile Telematics's competitors?

    Competitors of Cambridge Mobile Telematics include The Floow, Zendrive, Driver Technologies, Artificient Mobility Intelligence, Amodo and 7 more.

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Compare Cambridge Mobile Telematics to Competitors

O
OSeven

OSeven is a company specializing in telematics and driving behavior analytics within the insurance and automotive sectors. The company offers a platform that analyzes driving data to help improve driver safety and promote eco-friendly driving habits. OSeven's solutions cater to various industries, including insurance, banking and fintech, telecommunications, rental and leasing, fleet management, and ridesharing. It was founded in 2015 and is based in London, England.

Sentiance Logo
Sentiance

Sentiance is the leader in motion insights, focusing on driver behavior to enhance road safety within the technology sector. The company offers AI-powered solutions that analyze driving behavior, detect crashes, and provide insights into mobility and lifestyle patterns, all processed on-device in a privacy-centric manner. Sentiance primarily serves industries such as motor insurance, gig economy, sustainable mobility, transport authorities, and automotive OEMs. Sentiance was formerly known as Argus Labs. It was founded in 2015 and is based in Antwerp, Belgium.

Octo Logo
Octo

Octo specializes in insurance telematics and smart mobility solutions within the connected vehicle and Internet of Things (IoT) sectors. The company offers a range of services including risk scoring, crash and claim management, and safety and security features for drivers. Octo's solutions cater to various sectors such as insurance, automotive, fleet management, and smart cities. It was founded in 2002 and is based in Rome, Italy. Octo operates as a subsidiary of Renova Group.

The Floow Logo
The Floow

The Floow specializes in telematics data management and predictive analytics within the motor insurance and automotive sectors. The company offers solutions that leverage smartphone sensor technology and contextual analysis to provide insights into driver behavior, aiming to enhance safety and customer engagement. It was founded in 2012 and is based in Sheffield, United Kingdom.

Damoov Logo
Damoov

Damoov is a company that specializes in telematics infrastructure, operating within the technology and transportation sectors. The company offers a range of services including advanced monitoring and mobile tracking, which allow for the capture of driving behavior and the management of safe driving. They also provide location tracking services that can turn a smartphone into a telematics device, and offer a telematics SDK that can transform any smartphone into a tracking device. Damoov primarily sells to sectors such as the insurance industry, the transportation industry, and the education sector. It was founded in 2019 and is based in Henderson, Nevada.

Reviver Logo
Reviver

Reviver specializes in digital license plate technology and operates within the automotive tech industry. The company offers a platform that transforms traditional license plates into digital, smartphone-controlled devices that facilitate vehicle registration renewal, personalization, and integrated telematics for safety. Reviver's products cater to both individual consumers and commercial fleet operators, providing a suite of management tools and services. Reviver was formerly known as Smart Plate, Inc. It was founded in 2009 and is based in Granite Bay, California.

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