Cambridge Mobile Telematics

Cambridge, United States Founded: 2010 • Age: 16 yrs
Usage-based data monitoring solutions for the auto insurance industry
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About Cambridge Mobile Telematics

Cambridge Mobile Telematics is a company based in Cambridge (United States) founded in 2010 by William V Powers.. Cambridge Mobile Telematics has raised $502.5 million across 2 funding rounds from investors including SoftBank Vision Fund. The company has 33 employees as of April 08, 2024. Cambridge Mobile Telematics has completed 2 acquisitions, including Amodo and Truemotion. Cambridge Mobile Telematics operates in a competitive market with competitors including Coalition, Clearcover, At-Bay, BitSight and Metromile, among others.

  • Headquarter Cambridge, United States
  • Employees 33 as on 08 Apr, 2024
  • Founders William V Powers
  • Sectors
    Technology
    Financial Services Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cmobile Telematics India Private Limited
  • Date of Incorporation 12 Aug, 2020
  • Jurisdiction Mambalam, Tamil Nadu, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $817.65 K (USD)
    105.08
    as on Mar 31, 2022
  • Net Profit
    $92.19 K (USD)
    122.97
    as on Mar 31, 2022
  • EBITDA
    $344.64 K (USD)
    66.17
    as on Mar 31, 2022
  • Total Equity Funding
    $502.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $500 M (USD), Series C

    Dec 19, 2018

  • Investors
  • Employee Count
    33

    as on Apr 08, 2024

  • Investments & Acquisitions
    Amodo

    & 1 more

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People of Cambridge Mobile Telematics
Headcount 50-200
Employee Profiles 144
Employee Profiles
People
Eli Greenwald
Principal Manufacturing Engineer
People
Sam Madden
Founder & Chief Scientist
People
Hari Balakrishnan
Founder & CTO
People
Bill Powers
Founder & CEO

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Funding Insights of Cambridge Mobile Telematics

Cambridge Mobile Telematics has successfully raised a total of $502.5M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $500 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series C — $500.0M
  • First Round

    (03 Sep 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Series C - Cambridge Mobile Telematics Valuation SoftBank Vision Fund
Sep, 2014 Amount Series A - Cambridge Mobile Telematics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cambridge Mobile Telematics

Cambridge Mobile Telematics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SoftBank Vision Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments in technology and startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cambridge Mobile Telematics

Cambridge Mobile Telematics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Amodo and Truemotion. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
An AI-enabled platform for insurance telematics is provided.
2013
AI-based driving habits are monitored for insurance insights.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cambridge Mobile Telematics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cambridge Mobile Telematics Comparisons

Employees
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Competitors of Cambridge Mobile Telematics

Cambridge Mobile Telematics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coalition, Clearcover, At-Bay, BitSight and Metromile, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online property and casualty insurance is provided for businesses.
domain founded_year HQ Location
Automotive insurance is delivered via an online platform.
domain founded_year HQ Location
Online cyber insurance platform is provided for business risk assessment.
domain founded_year HQ Location
Cloud-based cyber risk management solutions are delivered for various industries.
domain founded_year HQ Location
App that provides usage-based auto insurance platform for individuals
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cambridge Mobile Telematics

Frequently Asked Questions about Cambridge Mobile Telematics

When was Cambridge Mobile Telematics founded?

Cambridge Mobile Telematics was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is Cambridge Mobile Telematics located?

Cambridge Mobile Telematics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Who is the current CEO of Cambridge Mobile Telematics?

William V Powers is the current CEO of Cambridge Mobile Telematics. They have also founded this company.

Is Cambridge Mobile Telematics a funded company?

Cambridge Mobile Telematics is a funded company, having raised a total of $502.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Sep 03, 2014.

How many employees does Cambridge Mobile Telematics have?

As of Apr 08, 2024, the latest employee count at Cambridge Mobile Telematics is 33.

What is the annual revenue of Cambridge Mobile Telematics?

Annual revenue of Cambridge Mobile Telematics is $817.65K as on Mar 31, 2022.

What does Cambridge Mobile Telematics do?

Cambridge Mobile Telematics was founded in 2010 in Cambridge, United States. Operations focus on the auto insurance sector, where systems are developed to collect data from mobile sensors. Analytics technologies are applied to generate insights on driving behavior. Services support usage-based monitoring for insurers, with activities centered in the telematics domain.

Who are the top competitors of Cambridge Mobile Telematics?

Cambridge Mobile Telematics's top competitors include Coalition, Clearcover and Metromile.

How many acquisitions has Cambridge Mobile Telematics made?

Cambridge Mobile Telematics has made 2 acquisitions, including Amodo, and Truemotion.

Who are Cambridge Mobile Telematics's investors?

Cambridge Mobile Telematics has 1 investor. Key investors include SoftBank Vision Fund.

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