Amodo
Latest round
- Series A
Last raised
- May 2020
Total raised
- $3M
Investors
- 2
About Amodo
Amodo provides advanced telematics solutions focusing on improving road safety through innovative AI-driven technology.Amodo is a telematics company founded in 2013 and headquartered in Zagreb, Croatia. The company specializes in providing data-driven solutions for the insurance and mobility sectors. In March 2023, Cambridge Mobile Telematics Inc. acquired Amodo as part of its strategy to accelerate global expansion.Amodo's primary offering is its telematics platform that integrates with various IoT devices to collect real-time driving data. This platform helps insurers implement usage-based insurance (UBI) programs and supports fleet operators in improving driver safety.Amodo generates revenue through partnerships and subscription-based models, specifically catering to insurers and mobility companies. The platform facilitates the development of tailored UBI products, allowing insurance firms to offer improved risk assessment and claims management.000 mn to further expand its offerings and penetrate new markets. The strategy includes launching upgraded telematics products designed to enhance user experience and safety features. The company is also targeting expansion into North America and continental Europe to strengthen its market presence, with an emphasis on enhancing its partnerships with insurers further.
Who invested in Amodo
2 investors across 2 rounds
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Questions about Amodo
Who invested in Amodo?
Amodo has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Amodo raised?
Amodo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Amodo last raise money?
Amodo's most recent round on record is a Series A, in May 2020.
What does Amodo do?
Amodo provides advanced telematics solutions focusing on improving road safety through innovative AI-driven technology.
Where is Amodo headquartered?
Amodo is headquartered in Zagreb, Croatia.
Which VCs invest in companies like Amodo?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back business support services companies at Amodo's stage. Their profiles are linked below.
VCs backing business support services startups at Series A
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