Zendrive
Latest round
- Series B
Last raised
- Aug 2019
Total raised
- $52M
Investors
- 9
About Zendrive
Zendrive Inc.Founded in 2013, Zendrive Inc. is based in San Francisco, US, and offers innovative mobility risk intelligence solutions. Mr.Zendrive specializes in advanced mobility risk intelligence solutions, leveraging a robust platform that processes over 200 billion miles of driving data collected from millions of drivers worldwide. Their core offering includes customizable usage-based insurance (UBI) programs that enable insurers to provide personalized insurance quotes based on driving behavior. The platform also automates first notification of loss (FNOL) through smartphone-centric collision detection, significantly enhancing the claims process. Zendrive's services cater to various global markets, including North America, Europe, the Middle East, and Latin America, partnering with insurers to deliver innovative auto insurance solutions.Zendrive generates revenue through strategic partnerships with insurance companies, offering its Mobility Risk Intelligence platform as a subscription-based service. These partnerships allow insurers to incorporate Zendrive's advanced telematics and analytics into their offerings, facilitating personalized insurance pricing and enhanced customer experiences. The business model typically involves B2B transactions, where insurers pay for access to the platform, which includes flagship services such as UBI programs and automated collision notifications. Revenue streams are further supported by integrating Zendrive's technology into clients' existing applications, creating a seamless user experience for end consumers.In August 2019, Zendrive Inc. The company plans to develop new products designed to strengthen its offerings in mobility risk intelligence. Additionally, Zendrive aims to enter new geographic regions, further extending its market reach. Under the leadership of CEO Mr. Jonathan Matus, these initiatives will support the company’s growth strategy and enhance its service delivery.
Who invested in Zendrive
9 investors across 3 rounds
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Questions about Zendrive
Who invested in Zendrive?
Zendrive has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Zendrive raised?
Zendrive has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Zendrive last raise money?
Zendrive's most recent round on record is a Series B, in Aug 2019.
What does Zendrive do?
Zendrive is a software company.
Where is Zendrive headquartered?
Zendrive is headquartered in San Francisco, US.
Which VCs invest in companies like Zendrive?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Zendrive's stage. Their profiles are linked below.
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