# Klashwerks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/klashwerks

- Industry: Software
- Headquarters: Ottawa, Canada
- Website: www.klashwerks.com
- Latest round: Seed (May 10, 2018)
- Investors on record: 3

## About

Klashwerks, Inc. specializes in secure, AI-enhanced video telematics solutions, primarily serving sectors such as fleet management and municipal infrastructure, aiming to improve safety and operational efficiency through advanced technological integration.Founded in 2015 in Ottawa, Canada, Klashwerks, Inc. offers innovative telematics solutions. The company has not undergone significant business pivots or changes in operations. Dan Carruthers serves as the CEO. In May 2018, Klashwerks raised seed funding from Celtic House Venture Partners, with participation from Fundfire and MaRS Investment Accelerator Fund. The company has engaged in one significant deal, with the last funding round occurring on May 10, 2018.Klashwerks, Inc. provides a suite of secure, AI-augmented video telematics solutions tailored for fleet management and municipal infrastructure. Their technology enables real-time visibility and actionable insights through features such as high-definition video, real-time GPS tracking, advanced event detection, and robust reporting capabilities. These offerings enhance safety and efficiency, supporting municipalities in improving street safety and resource allocation. Clients include fleet operators and municipal agencies across North America, leveraging the platform to optimize transportation systems and enhance decision-making processes.Klashwerks operates on a subscription-based model, where clients engage in agreements for ongoing access to their telematics and data services. This structure ensures predictable revenue streams as clients utilize the platform's advanced features continuously. Primarily a B2B provider, Klashwerks partners with fleet operators and municipal entities, offering tiered pricing plans to suit varying client needs and service levels, from basic telematics to advanced AI-driven insights.Klashwerks plans to introduce new products that enhance their telematics offerings, although specific release dates have not been disclosed. The company aims to expand into additional markets within North America by 2024, focusing on regions with growing telematics needs. The seed funding received in May 2018 will support these initiatives, aiding in product development and market expansion efforts.

## Funding rounds

- Seed, May 10, 2018 — Celtic House Venture Partners, Fundfire, MaRS Investment Accelerator Fund

## Investors

- Celtic House Venture Partners (https://capitalatlas.ai/funds/celtic-house-venture-partners) — Seed
- Fundfire — Seed
- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Seed