About Driveway AI
Driveway AI is a company based in Haifa (Israel) founded in 2011 was acquired by Earnix in July 2021. Driveway AI has raised $11.63 million across 3 funding rounds from investors including Earnix, AltaIR Capital and IMI.VC. Driveway AI operates in a competitive market with competitors including GreenRoad, At-Bay, Webfleet, Kovrr and Surance, among others.
- Headquarter Haifa, Israel
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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- Legal Name Driveway Software Corporation
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People of Driveway AI
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Funding Insights of Driveway AI
Driveway AI has successfully raised a total of $11.63M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in July 2015. 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 Driveway AI
Driveway AI has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Earnix, AltaIR Capital and IMI.VC.
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Early-stage tech VC funding is provided in US, Europe, Israel.
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Tech-focused VC investment company funding companies in the US & Israel
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Investor details for Driveway AI
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Investments & Acquisitions by Driveway AI
Investment portfolio details for Driveway AI
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Financial Statements - Driveway AI
Detailed financials for Driveway AI
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Driveway Ai Comparisons
Peer comparison for Driveway AI
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Competitors of Driveway AI
Driveway AI 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 GreenRoad, At-Bay, Webfleet, Kovrr and Surance, among others.
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Fleet telematics and management solutions for safe driving are provided.
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Online cyber insurance platform is provided for business risk assessment.
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Provides cloud-based fleet management software solutions.
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Cloud-based cyber risk assessment solutions are provided for insurers.
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Cloud based cyber risk scoring platform for industrial and consumer IoT
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Online marketplace offering products in electronics, fashion, and more across regions.
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Detailed competitors of Driveway AI
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Latest news on Driveway Ai
Complete news archive for Driveway AI
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Frequently Asked Questions about Driveway AI
Driveway AI was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Driveway AI is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
Driveway AI is a funded company, having raised a total of $11.63M across 3 funding rounds to date.
Driveway was founded in 2011 in Haifa, Israel, and operates in the auto insurance sector. Driving data is collected and analyzed through a cloud platform that leverages smartphone sensors, sensor fusion, and machine learning, eliminating the need for OBD devices. Comprehensive insured driving insights are delivered to auto insurers for enhanced pricing decisions and risk assessment.
Driveway AI has 5 investors. Key investors include Earnix, AltaIR Capital, IMI.VC, Kernel Capital, and unknown.