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WOOCAR

woocar.io

Founded Year

2016

Stage

Seed VC | Alive

Total Raised

$40K

Mosaic Score
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+10 points in the past 30 days

About WOOCAR

WOOCAR is a navigation app that aims to minimize risky driving and environmental impact. The app uses sensors and big data to take into account the user's driving style to come up with the safest route.

Headquarters Location

Buenos Aires,

Argentina

WOOCAR's Product Videos

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WOOCAR's Products & Differentiators

    Driver Safety

    Road safety through smartphone sensors. Automated coaching for truck drivers, sales fleets (light vehicles).

Expert Collections containing WOOCAR

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

WOOCAR is included in 1 Expert Collection, including The Edge Computing Landscape.

T

The Edge Computing Landscape

343 items

Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy

Latest WOOCAR News

Globant Ventures Makes an Undisclosed Investment in Safety Startups Woocar and Drixit

Jul 20, 2020

July 14, 2020 Globant Ventures made an undisclosed investment in Argentine startups Woocar, a driver safety platform, and in Drixit, a provider of safety compliance monitoring services in manufacturing plants. ( Contxto ) Software company Globant, through its corporate venture arm, recently added two startups from Argentina to its portfolio. WooCar and Drixit closed funding through Globant Ventures. Just how much they raised, is undisclosed. Either way, it’s good news as far as personal safety is concerned, as both startups developed products that use data to prevent accidents. In Woocar’s case for when a person is driving on the road. Meanwhile, Drixit is helping manufacturers and factories prevent on-site mishaps. Woocar woos Globant Technology to monitor driving behavior isn’t novel to Latam. Chilean Jooycar does so to help insurance companies understand drivers’ behavior and then offer a more inexpensive plan (if they’re responsible behind the wheel). A device installed on the vehicle supervises everything that happens. However, Argentine Woocar takes a different approach. By just using the features normally available on a smartphone (its accelerometer, gyroscope, and GPS), the startup’s platform can pick up on a driver’s habits. Woocar uses machine learning to understand if a vehicle is going too fast, slams the breaks too often, and so on. Of course the platform can also detect if the person is using their phone. Ultimately, this data aids users in understanding their own habits. It also helps them save money because (theoretically) they’ll save on gas and vehicle maintenance because they’ll be more careful. This type of product comes especially in handy when the car is owned by a business or other third party who wants to ensure it’s in good hands. Drixit does it for safety’s sake Buenos Aires-based Drixit uses Internet of Things (IoT) technology to monitor safety compliance and accidents in manufacturing plants. Through sensors, for example, the startup can tell if a person is within a designated safety zone. If not, the platform makes a note of it and can let supervisors know. A little Big Brother-ish, sure. But when it comes to safety, companies don’t want to assume any risks and employees shouldn’t take it lightly in the first place. Drixit also wants to help businesses’ productivity levels by overseeing asset management. For example to know if employees use a forklift for unnecessary trips. Nonetheless, because every manufacturer and production plan has its own layout and safety requirements, Drixit can tweak its system accordingly. Because both Woocar and Drixit address global problems (and seek to prevent them) Globant Ventures saw the startups’ solutions as scalable and worth investing in. Globant Ventures Makes an Undisclosed Investment in Safety Startups Woocar and Drixit was last modified: July 20th, 2020 by cramos

WOOCAR Frequently Asked Questions (FAQ)

  • When was WOOCAR founded?

    WOOCAR was founded in 2016.

  • Where is WOOCAR's headquarters?

    WOOCAR's headquarters is located at Buenos Aires.

  • What is WOOCAR's latest funding round?

    WOOCAR's latest funding round is Seed VC.

  • How much did WOOCAR raise?

    WOOCAR raised a total of $40K.

  • Who are the investors of WOOCAR?

    Investors of WOOCAR include Globant Ventures and Parallel18.

  • Who are WOOCAR's competitors?

    Competitors of WOOCAR include Samsara and 1 more.

  • What products does WOOCAR offer?

    WOOCAR's products include Driver Safety and 2 more.

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