# Automatic Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/automatic-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.automatic.com
- Total disclosed funding: $24M
- Latest round: Series B (Jun 25, 2015)
- Investors on record: 10

## About

Automatic Labs, Inc. specializes in automotive connectivity solutions, enhancing vehicle intelligence and offering users a seamless integration between their cars and mobile devices.Founded in 2011 in San Francisco, US, Automatic Labs, Inc. develops technology that connects vehicles to smartphones, providing users with real-time data and insights about their cars. The company was acquired by Sirius Satellite Radio in April 2017 for USD 100 mn. The founders include Behzaad Morid, Christopher O'Donnell, David F, and Francesco Indaco, with Les Kocsis currently serving as CEO.Automatic Labs, Inc. offers a range of automotive connectivity products that leverage technology to improve vehicle performance. Their primary product is a device that plugs into a car's OBD-II port, enabling features such as driving data analysis, trip logging, and vehicle health monitoring. The company also provides mobile applications that enhance user experience and accessibility to vehicle information, catering to individual consumers and businesses alike.Automatic Labs, Inc. generates revenue through the sale of its automotive devices and subscription services that offer advanced features and analytics. Customers can engage with the company via various service plans that provide enhanced data, security features, and user support.Following its acquisition in April 2017, Automatic Labs, Inc. aims to leverage Sirius Satellite Radio's resources to innovate new automotive technologies and expand into new markets. The company is exploring the development of advanced telematics solutions and plans to launch these products by 2024, targeting markets in Asia and Europe. The recent acquisition funding of USD 100 mn will be utilized to support these product developments and market expansions.

## Funding rounds

- Series B, Jun 25, 2015, $24M — Comcast Ventures, USAA
- Series B, May 30, 2014 — Anthemis
- Series A, Jun 7, 2013 — Morgenthaler Ventures, Comcast Ventures, RPM Ventures, Amicus Capital, Y Combinator, Anthemis, Lumia Capital, ELab Ventures, USAA Ventures

## Investors

- Morgenthaler Ventures (https://capitalatlas.ai/funds/morgenthaler-ventures) — Series A
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series A, Series B
- RPM Ventures (https://capitalatlas.ai/funds/rpm-ventures) — Series A
- Amicus Capital — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Anthemis (https://capitalatlas.ai/funds/anthemis) — Series A, Series B
- Lumia Capital (https://capitalatlas.ai/funds/lumia-capital) — Series A
- ELab Ventures (https://capitalatlas.ai/funds/elab-ventures) — Series A
- USAA Ventures (https://capitalatlas.ai/funds/usaa-ventures) — Series A
- USAA — Series B