About Driverly
Driverly is a company based in Cardiff (United Kingdom) founded in 2021 by Mohammad Alinia and Nestor Alonso. Driverly has raised $786.58 thousand across 2 funding rounds from investors including Development Bank of Wales. Driverly offers products and services including Data Enrichment and Customised Solution. Driverly operates in a competitive market with competitors including Zego, Marshmallow, Cuvva, Octo Telematics and By Miles, among others.
- Headquarter Cardiff, United Kingdom
- Founders Mohammad Alinia, Nestor Alonso
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Driverly Company Limited
- Date of Incorporation 05 May, 2021
- Jurisdiction CARDIFF, WALES
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$786.58 K (USD)
in 2 rounds
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Latest Funding Round
Not available
- Investors
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Employee Count
Not available
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Products & Services of Driverly
Driverly offers a comprehensive portfolio of products and services, including Data Enrichment and Customised Solution.
Tool for deeper customer insights in risk selection and pricing.
Modular technology for business-specific insurance needs.
People of Driverly
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Funding Insights of Driverly
Driverly has successfully raised a total of $786.58K across 2 strategic funding rounds. 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.
Investors in Driverly
Driverly has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Development Bank of Wales.
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Provider of equity funding and business & property development loans
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Investor details for Driverly
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Investments & Acquisitions by Driverly
Investment portfolio details for Driverly
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Financial Statements - Driverly
Detailed financials for Driverly
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Driverly Comparisons
Peer comparison for Driverly
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Competitors of Driverly
Driverly 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 Zego, Marshmallow, Cuvva, Octo Telematics and By Miles, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Motor insurance is provided for personal and work driving.
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Auto insurance is delivered via app to individual drivers.
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Online usage-based car insurance solutions
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Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
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Pay-per-mile auto insurance is offered through a mobile app.
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Provider of cycle insurance for damage, theft, or loss
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Detailed competitors of Driverly
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Latest news on Driverly
Complete news archive for Driverly
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Frequently Asked Questions about Driverly
Driverly was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Driverly is headquartered in Cardiff, United Kingdom. It is registered at Cardiff, Wales, United Kingdom.
Driverly is a funded company, having raised a total of $786.58K across 2 funding rounds to date.
Driverly was founded in 2021 in Cardiff, United Kingdom, within the insurtech sector. An AI-driven mobile application is utilized to track and log various driving metrics, including speed, braking, and route patterns. These data points are analyzed to generate profiles of individual driving behaviors, enabling tailored insurance assessments. Operations focus on user privacy and real-time feedback, serving the UK market primarily.
Driverly's top competitors include Marshmallow, Cuvva and Octo Telematics.
Driverly offers Data Enrichment and Customised Solution.
Driverly has 1 investor. Key investors include Development Bank of Wales.