• FOUNDING YEAR:
    LOCATION:
    Netherlands
    REGION:
    North Brabant NB
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Car tracking app for UBI players. The company offers ULU’s plug & play device for fleet owners which will collect real-time data and send through the dongle to cloud network and also receive insights about the driving behavior of their customers, clients and employees. It helps drivers to get low insurance premium based on their driving behavior.
MAIN CLIENTS:
Major customers are Fleet owners, Car dealers, Insurers, etc.

PEOPLE

MEDICI analysts will analyze Ulu soon

TRACTION

VALUATION / MARKET CAP:
$7.32 MM in 2016
OTHER INFO:
The company has acquired Chinese hardware manufacturer Velio Technologies, which supplies ULU with the OBD dongles in 2016.

MOMENTUM

FUNDED:
YES
TOTAL FUNDING COMMENT:
The company will use the funds to accelerate sales in the Benelux market, further optimizations and development of the system and growth of the partner ecosystem.
LISTED:
NO

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