Fairmatic Services

LEEO | Commercial Auto Insurance MGA

San Francisco, United States · $88.0M raised

Employees
11–50
Business Model
B2B
Total Funding
$88.0M
Last Round
$46.0M Series BMar 2023
Rounds
2

About

LEEO provides telematics-powered commercial auto insurance designed to help brokers win more business while helping fleets reduce risk and lower costs. Powered by telematics and risk intelligence, the platform uses AI-driven quoting and binding to accelerate coverage for commercial fleets including non-emergency medical transport, light business auto, and last-mile delivery. Brokers get faster quote-to-bind workflows, competitive rates, real-time risk insights with the opportunity to earn a renewal credit for safe driving, and an app-based claims process with instant incident capture. Coverage is backed by AM Best A-rated carriers.

Summary

Fairmatic Services is a Fintech company based in San Francisco, United States. It has raised $88.0M in total across 2 rounds, most recently a $46.0M Series B round in Mar 2023. Investors include Battery Ventures, Lightspeed Venture Partners and Aquiline Technology Growth.

Tech & App Stack

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Funding History

Series BSeries BMar 2023
$46.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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