# Nauto

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

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.nauto.com
- Total disclosed funding: $169M
- Latest round: Series B (Jul 19, 2017)
- Investors on record: 9

## About

Nauto, Inc. is an innovative technology company focused on enhancing driver safety through AI-driven solutions that actively monitor and mitigate driving risks in real-time.Founded in 2015, Nauto, Inc. is based in Palo Alto, US and specializes in AI-based safety technology for vehicles. The company, led by CEO Stefan Heck, has engaged in various funding rounds, with its most recent funding of USD 159.00 mn coming from several prominent investors, including Allianz Global Investors and BMW i Ventures, on June 15, 2023. It has completed 5 investment deals to date, reflecting a strategic focus on expanding its market presence.Nauto specializes in advanced AI-driven software solutions aimed at enhancing driver and fleet safety. The company’s core offerings include a predictive-AI platform that utilizes real-time data to identify and mitigate driving risks, such as distracted and drowsy driving, smoking, cell phone use, and seat belt policy violations. This system provides in-vehicle alerts that enable drivers to self-correct their behavior immediately, significantly reducing distractions and the potential for collisions. Nauto's technology has proven effective in diverse conditions, including low visibility and inclement weather. Their solutions are tailored for various industries, serving a broad client base that includes over 800 brands across North America and internationally, focusing primarily on fleet operations seeking to improve safety and reduce insurance costs.Nauto operates on a subscription-based revenue model, providing their services to clients through annual contracts. The company engages primarily in B2B transactions, partnering with fleet management organizations to deliver their safety solutions. Clients benefit from a comprehensive service that includes not only the AI technology but also ongoing support, training, and access to data analytics for performance evaluation. Specific pricing structures are customized based on the client's needs and scale, ensuring that fleets of all sizes can implement their solutions effectively. Nauto's flagship offering centers around its predictive-AI technology, which is central to its strategy of reducing collision risks and enhancing overall driver safety.In June 2023, Nauto, Inc. raised USD 159.00 mn in a Series B funding round, which will be utilized to accelerate the development of new AI-driven products, targeting the expansion into additional markets in North America and Europe by late 2024. The funding will support ongoing enhancements to their predictive-AI platform, allowing Nauto to enhance its offerings and reach a wider client base.

## Funding rounds

- Series B, Jul 19, 2017, $159M — Greylock Partners, General Motors Ventures, BMW i Ventures, SoftBank Group, DNX Ventures, Allianz Global Investors, Playground Ventures, Toyota Ventures
- Series A, Mar 28, 2016, $10M — Index Ventures, DNX Ventures, Playground Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series A, Series B
- Playground Ventures (https://capitalatlas.ai/funds/playground-ventures) — Series A, Series B
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B
- General Motors Ventures (https://capitalatlas.ai/funds/general-motors-ventures) — Series B
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series B
- SoftBank Group — Series B
- Allianz Global Investors (https://capitalatlas.ai/funds/allianz-global-investors) — Series B
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Series B