Cambridge Mobile Telematics provides a platform that monitors driving behavior using mobile sensors to track patterns like speed, braking, and phone usage. This technology allows insurance companies to offer usage-based policies where premiums are determined by actual driving performance rather than general demographics. By providing real-time data analytics and safety rewards, the company distinguishes itself from traditional insurers that rely on static risk assessments. The company's goal is to reduce accidents and improve road safety for everyone by encouraging and rewarding safer driving habits.
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$855M
Headquarters
Cambridge, Massachusetts
Founded
2010
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