TrueMotion
AcquiredTrueMotion is an artificial intelligence company in Boston, United States, founded in 2012. It has raised $12.0M across 2 rounds, most recently a $10.0M Series B in 2018 (est.).
Mobile telematics for next-generation insurance programs
- 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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
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
It lists 51–200 employees. It has raised $12.0M in total across 2 rounds, most recently a $10.0M Series B round in 2018 (est.). Investors include Bain Capital, General Catalyst and Lakestar.
Tech & App Stack
4 technologies & apps tracked
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Funding & Exit History
Jun 2021
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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