Fairmatic

📍 New York, United States🗓 Founded 2019👥 104 employees💰 Last funded Dec 2022
Insurance🌐 fairmatic.com
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Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered technology in combination with deep telematics data to drive meaningful cost savings for fleets by valuing responsible driving leading to safer roads. The Fairmatic underwriting model has been trained and tested with over 200 billion miles of driving data to help fleets proactively manage safety issues with actionable insights. Founded by Jonathan Matus, a serial technologist who helped launch Android and Facebook mobile, Fairmatic is fundamentally reimagining commercial auto insurance from the ground up to make roads safer one fleet at a time. Fairmatic has raised a total of $88M from Battery Ventures, Foundation Capital, Aquiline Technology Growth and insurtech, fintech and technology investors, including Jerry Yang, Oren Zeev, and Bill Tai. Fairmatic is expanding its global team. Learn more about Fairmatic at fairmatic.com or join the team of unconventional, adaptable and curious technologists by reaching out to careers@fairmatic.com.
4
Total investors
1
Early stage
3
Mid stage
0
Late stage
2019
Founded

Investors

4 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
United States
4
Investor activity2021–2022 · investors recorded per year
2021120223
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Fairmatic?
Fairmatic has 4 investors on record on gritt.io, including 1 early-stage backers, 3 mid-stage.
When did Fairmatic last raise funding?
The most recent investment in Fairmatic recorded on gritt.io was in December 2022.
When was Fairmatic founded?
Fairmatic was founded in 2019.
What industry is Fairmatic in?
Fairmatic operates in Insurance. Find similar Insurance investors on gritt.io.
Where is Fairmatic based?
Fairmatic is headquartered in New York, United States.