Bahub Business Analysis Systems, Lda.
Latest round
- Seed
Last raised
- Sep 2019
Total raised
- $0.6M
Investors
- 2
About Bahub Business Analysis Systems, Lda.
Bahub Business Analysis Systems, Lda. provides innovative telematics solutions, transforming smartphones into high-quality driving analytics devices., founded in 1996, is headquartered in Lisbon, Portugal. The company specializes in telematics solutions enabling advanced mobility analytics. The founder, Arthur Zhilkin, has a background in technology ventures. In December 2020, the company was acquired by Extracover Limited, a portfolio company of Isfield Investments, LocalGlobe, and Target Global, from Banco de Investimento Global and EDP Ventures. The financial details of the transaction were not disclosed. The company has completed 2 deals, with the latest deal occurring on December 9, 2020.Drivit specializes in providing advanced driving technology that transforms smartphones into high-quality telematics devices. The core offering includes a plug-and-play driving analytics solution that seamlessly integrates with various mobile applications, allowing users to capture and analyze mobility data effortlessly. This solution operates in the background, utilizing machine learning and low-power sensors to minimize battery consumption while ensuring high accuracy in essential metrics relevant to businesses. Drivit's technology is primarily aimed at usage-based insurance providers, helping them enhance their services by integrating real-time data insights into their offerings.Drivit generates revenue through strategic partnerships and subscription-based models, catering primarily to B2B clients, such as insurance companies and app developers. The firm offers a white-label solution, enabling clients to incorporate Drivit's technology into their own applications without additional hardware. Revenue is derived from the fees associated with these partnerships, as well as through potential licensing agreements for their proprietary technology. Clients typically engage in annual agreements, paying for access to Drivit's services based on the number of users or transactions processed through their platforms.Bahub Business Analysis Systems, Lda. is planning to expand its product offerings and market reach. The company is focusing on developing new features for its driving analytics platform, with a targeted release in late 2021.
Who invested in Bahub Business Analysis Systems, Lda.
2 investors across 1 round
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Funding rounds
Seed
Sep 1, 2019
Amount
$0.6M
Investors
Questions about Bahub Business Analysis Systems, Lda.
Who invested in Bahub Business Analysis Systems, Lda.?
Bahub Business Analysis Systems, Lda. has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bahub Business Analysis Systems, Lda. raised?
Bahub Business Analysis Systems, Lda. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bahub Business Analysis Systems, Lda. last raise money?
Bahub Business Analysis Systems, Lda.'s most recent round on record is a Seed, in Sep 2019.
What does Bahub Business Analysis Systems, Lda. do?
Bahub Business Analysis Systems, Lda.
Where is Bahub Business Analysis Systems, Lda. headquartered?
Bahub Business Analysis Systems, Lda. is headquartered in Lisbon, Portugal.
Which VCs invest in companies like Bahub Business Analysis Systems, Lda.?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Bahub Business Analysis Systems, Lda.'s stage. Their profiles are linked below.
VCs backing software startups at Seed
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