Cambridge Mobile Telematics

Making the world's roads and drivers safer.

Cambridge, United States · Founded 2010 · $852.5M raised

Employees
201–500
Founded
2010
Business Model
B2B
Total Funding
$852.5M
Last Round
$350.0M Growth EquityMar 2026
Rounds
3

About

Cambridge Mobile Telematics (CMT) is the world's largest telematics service provider, using AI and smartphone sensor data to measure driving behavior and improve road safety. Its DriveWell platform suite serves insurers, automakers, fleets, and government agencies with risk scoring, crash detection, and driver engagement tools. CMT's technology has helped prevent over 100,000 crashes worldwide and powers programs for State Farm, Progressive, Farmers, and other major insurers.

Summary

Cambridge Mobile Telematics is an Artificial Intelligence company based in Cambridge, United States, founded in 2010. It has raised $852.5M in total across 3 rounds, most recently a $350.0M Growth Equity round in Mar 2026. Investors include TPG (Growth/Rise), Allianz X and SoftBank.

Tech & App Stack

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Funding History

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Growth EquityGrowth EquityMar 2026
$350.0M

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Investors

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