Driveway Software Corporation

SoftwareSeries ASan Mateo, USdrivewaysoftware.com

Latest round

Series A

Last raised

Jun 2015

Total raised

$11M

Investors

4

About Driveway Software Corporation

Founded in 2011 by Igor Katsman, and Jake Diner, and based in California, US, Driveway Software Corporation operates as a cloud-based telematics platform that provides a data-driven pricing intelligence platform for auto insurers., a portfolio company of Formula Ventures, Insight Partners, Israel Growth Partners, Jerusalem Venture Partners, Vintage Investment Partners, and Viola Credit, agreed to acquire the Assets of Driveway Software, Inc. from Driveway Software Corporation. The company provides a smartphone-based telematics solution that gives auto drivers comprehensive insured driving data for better pricing intelligence, allowing them to maximize the opportunity for lower loss ratios and higher profits. Driveway's patented artificial intelligence (AI) technology automatically measures safe and unsafe driving behaviors from a driver's smartphone by combining sensor fusion, machine learning, and artificial intelligence algorithms to detect car trips and driver aggressiveness, and it assists insurance companies in finding and rewarding safe drivers.

Who invested in Driveway Software Corporation

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 17, 2015

    Amount

    $10M

    Investors

    Locked

  2. Seed

    Aug 30, 2013

    Amount

    $1.3M

    Investors

    Locked

Questions about Driveway Software Corporation

Who invested in Driveway Software Corporation?

Driveway Software Corporation has 4 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 Driveway Software Corporation raised?

Driveway Software Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Driveway Software Corporation last raise money?

Driveway Software Corporation's most recent round on record is a Series A, in Jun 2015.

What does Driveway Software Corporation do?

Founded in 2011 by Igor Katsman, and Jake Diner, and based in California, US, Driveway Software Corporation operates as a cloud-based telematics platform that provides a data-driven pricing intelligence platform for auto insurers.

Where is Driveway Software Corporation headquartered?

Driveway Software Corporation is headquartered in San Mateo, US.

Which VCs invest in companies like Driveway Software Corporation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Driveway Software Corporation's stage. Their profiles are linked below.

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