Search company, investor...
Dreyev company logo


Founded Year



Convertible Note | Alive

Total Raised


Last Raised

$500K | 4 yrs ago

About Dreyev

Dreyev develops artificial intelligence (AI) powered technology and devices to prevent distracted and drowsy driving. The technology evaluates real-time driving risks and matches them against the level of attention exhibited by the driver to generate warnings or alerts as required. It was founded in 2017 and is based in Purdys, New York.

Headquarters Location

3 Western Way

Purdys, New York, 10578,

United States


Missing: Dreyev's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Dreyev's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Dreyev News

Meet the insurtech: Cover Whale

Jun 28, 2022

Meet the Insurtech Menu By  Ganny Belloni June 28, 2022, 2:36 p.m. EDT 3 Min Read REGISTER NOW For Daniel Abrahamsen, a 15-year veteran of the insurance industry, years of managing hundreds of millions of dollars while setting up claims admin systems led him to realize that the industry's traditionally innovation-averse mindset was not only inefficient – it was making companies lose money. “I really got a firsthand look at what insurance companies were spending money and time on– they weren't really spending their budget on technology around risk management and loss control.”  It was this realization that led Abrahamsen to start Cover Whale Insurance Solutions, an insurtech that uses artificial intelligence and machine learning analytics to streamline the underwriting process in the commercial auto space. In 2019, the company partnered with telematics startup Dreyev to deliver co-pilot technology for truck drivers. Dreyev’s software monitors driving behavior such as speed, braking and attentiveness and relays that information to both the driver and to Cover Whale. The information collected helps the driver correct dangerous behaviors , while also helping the insurance company manage premiums. Cover Whale’s co-pilot technology removes the ambiguity of traditional insurance underwriting. By using the interactive telematics system, both the driver and the insurance company know when driving behavior is likely to result in a claim. “How do you know if someone's behavior qualifies as safe or unsafe? There are a lot of factors that are kind of hard to measure,” says Abrahamsen. “[Our system] pulls all of that second by second data into our platform– once that data comes in, we match it up with the claims data, and that's what allows us to build driver profiles.” The driver profiles are built through an aggregation of various driving behaviors like aggressive braking, fast cornering and distracted driving . The system informs drivers immediately after they’ve engaged in behavior that could raise their premiums. “We engage in coaching services such as the phone calls and text messages that we send after they are done driving. Our whole premise is that we want to ensure good drivers. We're pretty clear about what the program involves – it involves this type of coaching and commitment to driver safety,” says Abrahamsen. This innovative approach to underwriting and driver safety is what allowed Cover Whale to generate 15.5 million dollars in seed funding from institutional investors. Investors like Claude LeBlanc, CEO of Ambac, who in a press release, stated that Cover Whale was “one of the market leaders in providing innovative distribution solutions in the commercial auto space.” Much of the company’s success can be attributed to Cover Whale’s decision to buck the industry trend of cutting out agents – taking advantage of an already extensive insurance infrastructure. According to Abrahamsen, applying a direct-to-consumer business model looks good on paper, but in reality, most insurtechs lose money on every policy. “We see a lot of insurtechs believe that cutting out the producer, agents, and wholesalers is the way to make money in this business,” says Abrahamsen. “About 98% of commercial insurance today is sold through retail and wholesale channels and those channels are an integral part of the insurance ecosystem. We think it's a mistake to declare war on a network of professionals that are on the front lines– they have the customers, they know the customers. Our philosophy is that this [approach] is wrong or it's at least wrong for today, and it might be wrong for many more years to come.” Currently, Cover Whale has primarily focused on small-scale owner-operator trucking operations. Eventually, however, Abrahamsen believes that the company will be able to accommodate mid-range fleets. “You're gonna see more admitted products coming from us in more states. We're always going to be focused more heavily on the smaller trucking operations, having said that, we are broadening up the number of vehicles that we can service so we're up to 25 for liability. For other lines outside of liability, we can do up to 75 vehicles."

Dreyev Frequently Asked Questions (FAQ)

  • When was Dreyev founded?

    Dreyev was founded in 2017.

  • Where is Dreyev's headquarters?

    Dreyev's headquarters is located at 3 Western Way, Purdys.

  • What is Dreyev's latest funding round?

    Dreyev's latest funding round is Convertible Note.

  • How much did Dreyev raise?

    Dreyev raised a total of $500K.

  • Who are the investors of Dreyev?

    Investors of Dreyev include Plug and Play Detroit.

  • Who are Dreyev's competitors?

    Competitors of Dreyev include Lytx and 4 more.

Compare Dreyev to Competitors

NetraDyne Logo

Netradyne uses artificial intelligence (AI) vision-based dashcam devices to monitor the safety performance of fleet vehicles. Netradyne's system may also crowdsource road and driving behavior metadata. The company was founded in 2015 and is based in San Diego, California.


Zungle develops bone conduction audio sunglasses. It manufactures sunglasses with a built-in bone conduction speaker and a noise-canceling microphone to transmit sound waves to the skull via vibrations. It was founded in 2015 and is based in Seoul, South Korea.

Bose Logo

Bose develops pro audio solutions for venues and spaces. Its products include loudspeakers, amplifiers, sound processors, and develops a software that provides acoustical design, signal processing and software control services. The products are used primarily in sectors that include hospitality, retail, sports and education. The company was founded in 1964 and is based in Framingham, Massachusetts.

Verizon Connect Logo
Verizon Connect

Verizon Connect provides fleet management software solutions that are usable for track vehicles in the field, improve fleet operations, increase worker productivity, and encourage safer driving. It is based in Atlanta, Georgia

LightMetrics Logo

LightMetrics provides video telematics solutions. The platform uses neural net inference algorithms, machine learning, and hardware to collect insights, traffic alerts, distance, and lane departure. The company was founded in 2015 and is based in Bengaluru, India.

Motus Logo

Motus is a vehicle management and reimbursement platform that leverages deep insights captured across the world’s retained pool of drivers to calculate personalized and compliant vehicle reimbursements, keep drivers productive and safe and ultimately maximize returns and minimize risk for all aspects of the mobile workforce.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.