Amodo

Acquired

Connected insurance powered by smartphone telematics

Zagreb, Croatia · Founded 2013 · $7.0M raised

Headquarters
Zagreb
Employees
11–50
Founded
2013
Business Model
B2B
Website
amodo.eu
Total Funding
$7.0M
Last Round
$5.0M Venture RoundMay 2020
Rounds
2
Acquired by
Cambridge Mobile TelematicsMar 2023

About

Amodo provided a connected insurance platform that enabled insurers to create, promote, and distribute usage-based and behavior-based insurance products. By turning smartphones into telematics sensors, Amodo built holistic customer profiles for risk assessment, personalized pricing, and customer engagement. Founded in 2013 in Zagreb, Croatia, the company was acquired by Cambridge Mobile Telematics in March 2023.

Summary

Amodo is an Insurtech company based in Zagreb, Croatia, founded in 2013. It has raised $7.0M in total across 2 rounds, most recently a $5.0M Venture Round round in May 2020. Investors include Lead Ventures, Speedinvest and SGH CAPITAL.

Tech & App Stack

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Funding History

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AcquisitionMar 2023

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