Artificial Intelligence | Machine Learning Fairmatic | AI-powered Fleet Insurance


Enterprise, Fleet Insurance, Insurance Data, Safety & Management New York , United States

Fairmatic

Artificial Intelligence | Machine Learning


Fairmatic | AI-powered Fleet Insurance

Fairmatic

Fleet Insurance, Insurance Data, Safety & Management


New York , United States

At Fairmatic we’re on a mission to make roads safer, one fleet at a time. We think about insurance, risk and underwriting in an unconventional way. Auto insurance has alway been unfair: safe and unsafe drivers that look alike pay the same. Because of this, safe drivers end up subsidizing risky ones. It doesn’t make sense. We’re using data and AI to introduce a personalized option that incentivizes safe driving with savings. Our predictive risk models have been trained with nearly 200 billion miles of driving data and tested with hundreds of thousands of paying drivers with industry-leading underwriting results. And we’re just getting started.

Our leadership team includes serial entrepreneurs, insurance industry savants and start-up veterans. At Fairmatic we do our best work while living our best lives, regardless of where we are. We have thriving teams across the globe and we are constantly looking for talented folks to welcome into the family. We are a curious, adaptable and diverse bunch of technologists and problem solvers who are obsessed about creating positive impact in the world. In our work together, we strive for close collaboration, humbleness and constant learning.

 
 

   Total Funding: $42M

   Funding Stage: Series A

   Business Stage: Scaling Up

   Market: B2B

   Company Size: 101 to 250

   Founded: 2019

 
 

Date

Round

$ Raised

Investors

03/15/2023

Series A

$46M

Battery Ventures, Bridge Bank

Date : 03/15/2023

Round: Series A

$ Raised: $46M

Investors: Battery Ventures, Bridge Bank

09/01/2022

Series A

$42M

Foundation Capital, Aquiline Technology Growth, Jerry Yang, Oren Zeev, Assaf Wand, Bill Tai

Date : 09/01/2022

Round: Series A

$ Raised: $42M

Investors: Foundation Capital, Aquiline Technology Growth, Jerry Yang, Oren Zeev, Assaf Wand, Bill Tai

 

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Jonathan Matus

Jonathan Matus
Founder & CEO

Brian Specht

Brian Specht
Chief Business Officer

Aleksandra Trzak

Aleksandra Trzak
Chief Of Staff

 
 

Fairmatic is growing. Want to work at Fairmatic? Fairmatic is hiring. Join team at Fairmatic

 

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