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Cambridge Mobile Telematics company logo

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cmtelematics.com

Founded Year

2010

Stage

Corporate Minority | Alive

Total Raised

$502.5M

Last Raised

$500M | 4 yrs ago

Mosaic Score

+40 points in the past 30 days

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

About Cambridge Mobile Telematics

Cambridge Mobile Telematics (CMT) offers the DriveWell platform that scores driving performance, incentivizes safer driving, and provides crash notification and claims automation services for insurers, rideshares, and fleets. CMT specializes in mobile usage-based insurance with mobile telematics and analytics through its phone-only and phone+tag programs. The DriveWell platform is used worldwide.

Cambridge Mobile Telematics Headquarters Location

101 Main Street Suite 1400

Cambridge, Massachusetts, 02142,

United States

+1 617 751 4141

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 STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

Automobile telematics vendors provide turnkey technology solutions that allow insurers to monitor driving activity via IoT devices, mobile phones, and/or embedded car sensors. For claims, P&C insurers can use solutions in this space to detect an incident, assess the damage, and start the claims process in near real time.

Cambridge Mobile Telematics named as Leader among 9 other companies, including Octo Telematics, Nexar, and Zendrive.

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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 7 Expert Collections, including Auto & Mobility Tech.

A

Auto & Mobility Tech

1,525 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

U

Unicorns- Billion Dollar Startups

1,191 items

I

Insurtech

3,897 items

Companies and startups that use of 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

7,550 items

US-based companies

F

Fintech 250

500 items

250 of the top fintech companies transforming financial services

S

Supply Chain & Logistics Tech

325 items

Cambridge Mobile Telematics Patents

Cambridge Mobile Telematics has filed 52 patents.

The 3 most popular patent topics include:

  • Sensors
  • Global Positioning System
  • Geolocation
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/18/2020

6/14/2022

Identifiers, Wireless networking, Wireless sensor network, Systems engineering, Global Positioning System

Grant

Application Date

6/18/2020

Grant Date

6/14/2022

Title

Related Topics

Identifiers, Wireless networking, Wireless sensor network, Systems engineering, Global Positioning System

Status

Grant

Latest Cambridge Mobile Telematics News

Cambridge Mobile Telematics Launches Free App to Help Consumers Save Money on Gas

Sep 13, 2022

FuelStar helps people save up to 40% on gas by showing them how to drive more efficiently September 13, 2022 09:00 AM Eastern Daylight Time CAMBRIDGE, Mass.--( BUSINESS WIRE )-- Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, today announced the official launch of FuelStar , a new app that helps consumers save up to 40%* on gas by showing them how to drive more efficiently. FuelStar analyzes driving patterns that consume gas faster — such as rapid acceleration, speeding, and hard braking — and teaches people how to make small changes in their driving habits to help them save money at the gas pump. With high gas prices around the country, Americans are hurting at the pump. Inflation has increased costs across the board. A potential recession has pushed many Americans to cut costs. Many have already made changes — recent studies have shown that Americans are driving less , carpooling more, and using alternative modes of transportation to combat rising gas prices. “We saw that people across the country were struggling with high gas prices and wanted to create a solution to help ease the burden,” said Rafi Finegold, Senior Vice President of Product for CMT. “FuelStar was born out of the idea that by making small changes to driving behavior, people can dramatically reduce how often they need to buy gas – and those savings add up. The mom who spends $240 a month to fill up her Honda Accord once a week could save $95** on her monthly gas bill with help from FuelStar.” FuelStar introduces innovations to a market that has traditionally helped consumers save at the pump by telling them which gas stations have the cheapest prices. FuelStar uses physics-based smartphone sensor data to predict gas consumption by analyzing a person’s driving behaviors and matching it with their vehicle’s make, model, and year in real-time. FuelStar deploys on-phone data processing to provide optional real-time audio alerts for inefficient driving, helping drivers save even more. The app also delivers personalized, data-driven recommendations for how a driver should modify their driving behaviors to save. The result is a new app experience that provides insights into driving habits and gas savings that have never been available to the public before. To date, over 20 million people have used CMT's technology, which powers safe driving programs for 21 of the top 25 auto insurers in the US, and for major automakers, wireless providers, safety companies, and rideshare providers. In its pursuit to make the world’s roads and drivers safer, CMT offers a growing suite of free consumer apps like FuelStar and Openroad, a crash assistance app that detects car crashes and sends emergency help. Consumers can use FuelStar with the peace of mind that their privacy is protected. In keeping with CMT's privacy-first approach, FuelStar only uses the data collected to power the services provided. CMT does not and will not sell or share a user’s personal information — including location data — with third parties. FuelStar is available today for free on Apple’s App Store. Download it here . To learn more about FuelStar, visit www.getfuelstar.com . 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®, gathers sensor data from millions of IoT devices — including smartphones, proprietary Tags, connected vehicles, dash cams, and third-party devices — and fuses them with contextual data to create a unified view of vehicle and driver behavior. Companies from personal and commercial auto insurance, automotive, rideshare, smart cities, wireless, financial services, and family safety industries use insights from CMT’s platform to power their risk assessment, safety, claims, and driver improvement programs. Headquartered in Cambridge, MA, with offices in Budapest, Chennai, Seattle, and Tokyo, CMT serves millions of people through 80 programs in 18 countries, including 21 of the top 25 US auto insurers. * Savings estimates are based on gas mileage calculations from FuelEconomy.gov . ** Based on AAA’s $3.716 national gas average September 12, 2022 for a 2022 Honda Accord. Contacts

Cambridge Mobile Telematics Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
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Cambridge Mobile Telematics Rank

  • 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 101 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 Group.

  • Who are Cambridge Mobile Telematics's competitors?

    Competitors of Cambridge Mobile Telematics include otonomo, Collision Management Systems, The Floow, Zubie, Nexar, kasko2go, TrueMotion, Sentiance, Jooycar, Amodo and 15 more.

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