Zendrive

📍 San Francisco, United States🗓 Founded 2013👥 114 employees💰 Last funded Jul 2019
Mobility and transportation are constantly evolving. Almost 1.3 million people die and 2.3 people get injured in road crashes every year. Traffic crashes have been an ongoing epidemic and despite advancements in technology, supportive regulatory changes, and improvements in road infrastructures, the number of traffic fatalities is still increasing. Founded 9 years ago, Zendrive is a mobility risk intelligence provider with a mission to make roads safer using data and analytics. Our patent-protected AI and machine learning algorithms turn raw smartphone sensor data into meaningful insights such as speeding, hard barking, phone usage, and even collision events. Over the past nine years, we have amassed one of the largest smartphone-centric databases of over 200 billion miles of data from over 100 million users across the globe. Our research shows that the most effective way to make roads safer and to save precious lives is to ensure improvements in driving behavior through behavioral coaching and incentives and provide timely support in the moments of truth. Right now, the most obvious and direct mechanism for behavioral improvements through incentives is by giving drivers the opportunity to earn discounts on their auto insurance based on their driving behavior. At Zendrive, we believe that your risk as a driver is better demonstrated by how you drive than by where you live and other demographic factors such as age or gender. Saving money is a powerful motivator and if Zendrive can, through engaging behavior-based driver coaching experiences, help drivers save money on car insurance then we can also take measured steps toward our mission of making roads safer using data and analytics.
7
Total investors
5
Early stage
1
Mid stage
1
Late stage
2013
Founded
Investor geography1 country
United States
7
Investor activity2013–2019 · investors recorded per year
2013220141201522016120191
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Zendrive?
Zendrive has 7 investors on record on gritt.io, including 5 early-stage backers, 1 mid-stage and 1 late-stage investors.
When did Zendrive last raise funding?
The most recent investment in Zendrive recorded on gritt.io was in July 2019.
When was Zendrive founded?
Zendrive was founded in 2013.
What industry is Zendrive in?
Zendrive operates in Technology, Information and Internet. Find similar Technology, Information and Internet investors on gritt.io.
Where is Zendrive based?
Zendrive is headquartered in San Francisco, United States.