How much funding has TrueMotion raised?

TrueMotion has raised $12.0M in total funding, most recently a Series B round.

Who are TrueMotion's investors?

TrueMotion's investors include Bain Capital, General Catalyst, Lakestar.

When was TrueMotion founded?

TrueMotion was founded in 2012.

Where is TrueMotion headquartered?

TrueMotion is headquartered in Boston, Massachusetts, United States.

What industry is TrueMotion in?

TrueMotion operates in Artificial Intelligence, Data & Analytics, Transportation.

How many employees does TrueMotion have?

TrueMotion has 51-200 employees.

TrueMotion

Acquired

Mobile telematics for next-generation insurance programs

Boston, United States · Founded 2012 · $12.0M raised

Artificial Intelligence

Data & Analytics

Transportation

Headquarters: Boston, Massachusetts
Employees: 51–200
Founded: 2012
Business Model: B2B

Website: truemotion.com
Total Funding: $12.0M
Last Round: $10.0M Series BJan 2018
Rounds: 2

About

TrueMotion (acquired by Cambridge Mobile Telematics in June 2021) was a Boston-based mobile telematics company that offered auto insurers a mobile telematics platform enabling next-generation digital programs. Powered by mobile technology, machine learning, and AI, TrueMotion's SDK and APIs helped insurers create usage-based insurance (UBI) products and digital engagement programs that improved driver safety and reduced risk. The platform analyzed smartphone sensor data to score driving behavior across metrics such as distraction, speed, and smoothness, giving insurers actionable data to personalize policies and engage policyholders.

Summary

TrueMotion is an Artificial Intelligence company based in Boston, United States, founded in 2012. It has raised $12.0M in total across 2 rounds, most recently a $10.0M Series B round in Jan 2018. Investors include Bain Capital, General Catalyst and Lakestar.

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