TrueMotion
Latest round
- Series A
Last raised
- Oct 2015
Total raised
- $10M
Investors
- 3
About TrueMotion
TrueMotion, Inc.Founded in 2012 in Boston, US, TrueMotion, Inc. specializes in telematics services that enhance driving safety. It was acquired in June 2021 by Cambridge Mobile Telematics from Bain Capital Ventures, General Catalyst Partners, and Lakestar for undisclosed financial terms.TrueMotion, Inc. offers a suite of telematics solutions designed to improve road safety. Their flagship product, DriveWell Fusion®, includes features such as DriveWell Risk, which provides actionable feedback to enhance driving behavior, DriveWell Crash for immediate accident detection and emergency assistance, and DriveWell Claims that simplifies the claims process for both insurers and drivers.TrueMotion, Inc. generates revenue through subscription models and partnerships with corporate clients, allowing them to integrate telematics solutions into their offerings.TrueMotion, Inc. aims to leverage its recent acquisition by Cambridge Mobile Telematics to expand its product offerings and geographical footprint.00 mn, will be directed towards the development of new features within the DriveWell platform. The company plans to target expansion in European and Asian markets by the end of 2023, further enhancing its mission of promoting safer driving practices.
Who invested in TrueMotion
3 investors across 1 round
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Funding rounds
Series A
Oct 6, 2015
Amount
$10M
Investors
Questions about TrueMotion
Who invested in TrueMotion?
TrueMotion has 3 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 TrueMotion raised?
TrueMotion has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TrueMotion last raise money?
TrueMotion's most recent round on record is a Series A, in Oct 2015.
What does TrueMotion do?
TrueMotion is a software company.
Where is TrueMotion headquartered?
TrueMotion is headquartered in Boston, US.
Which VCs invest in companies like TrueMotion?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at TrueMotion's stage. Their profiles are linked below.
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