TrueMotion
AcquiredMobile telematics for next-generation insurance programs
Boston, United States · Founded 2012 · $12.0M raised
- 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
- Acquired by
- Cambridge Mobile TelematicsJun 2021
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.
Tech & App Stack
4 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Jun 2021
Sign up to see all 3 rounds
Series A through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
Databricks provides a unified data and AI platform that helps enterprises build and run applicati...
Self-driving cars.
Precisely provides data integrity software, data, and consulting that help enterprises integrate,...
Palantir Technologies builds data integration and analytics platforms (Gotham and Foundry) for go...
VAST Data delivers an AI operating system that unifies storage, database, and compute for data-in...
Thinking Machines Lab develops AI research and products that help people customize AI for their u...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/truemotion"><img src="https://indexed.vc/api/badge/company/truemotion" alt="TrueMotion on Indexed.vc" width="260" height="76" /></a>