Zendrive

insurtechiot-preventive insurance/telematics

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 01/05/2020

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About

Zendrive is leading the evolution of safety in an era of transportation innovation and mobile ubiquity. We've measured and analyzed 185-billion miles of driving data and are using it to better predict risk, reduce collisions, and save lives and money. Our transportation system is evolving. Car ownership in urban centers is peaking and consumers are increasingly choosing on-demand and shared ride services over driving themselves.At the same time, commercial and on-demand fleets are becoming increasingly reliant on mobile technology, and autonomous cars are making the move from science fiction to reality.As miles driven shift away from personal vehicles to commercial or shared fleets, a new framework is required for addressing safety. Through our product suite, we leverage mobile sensor data to provide actionable insights that improve safety for all road users worldwide.Launched in 2013 and based in San Francisco, Zendrive is a mission-driven company, dedicated to making roads safer through data and analytics.To learn more, visit Zendrive.com or find us on Twitter at @Zendrive.

MEDICI Analysis

Zendrive is a mobile technology that makes roads safer through better data and actionable insights. Using data from the user's driving behavior, speed, acceleration and braking, as well as tracking common routes and frequent destinations all measured via smartphone.

Focus

PRODUCTS & SERVICES

Data insights and tools for fleets, drivers, and insurers.

REVENUE MODEL

The company has different plans are: for 1-4 drivers it is free for standard plans : $4 per driver/month for advanced plans: charges are different.

MAIN CLIENTS

Fleet companies

Insurers

and Retail Consumers

EXISTING PARTNERSHIPS

Zaiuto

Trippeo

Traction

VALUATION / MARKET CAP:

$90 M in 2016

TRACTION COMMENT:

Zendrive has collected and analyzed 1 billion miles of driving data (that’s 4,186 trips to the moon and enough to circle the Earth 40,000 times) in October 2016.

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