About Drivit
Drivit is a Transportation, Automotive & Logistics company based in Lisbon (Portugal) founded in 2015, and was acquired by Zego in December 2020. It operates as a vehicle driving analytics solutions. Drivit offers products and services including Drivit Technology and White-Label Solution. Its focus areas include Connected Vehicles, Vehicle Telematics, Consumer Telematics and Diagnostics. Its competitors include GoFar, CaRPM, Carly, Carmen Automotive and AutoWiz and 3 more; 4 of its 8 listed competitors have raised funding.
Company details
Drivit provides vehicle diagnosis and smartphone-based vehicle driving analytics solutions. It uses an OBDII device (compatible with most vehicles made after 1996) and a smartphone app to provide vehicle analytics solutions such as tracking, recording trips, checking fuel consumption, driving style (hard braking, rapid acceleration or deceleration), etc. As of early December 2016, Drivit is still in beta mode. The smartphone app is available on Android PlayStore and the services of the company are available only in Portugal. The Drivit smartphone app is device agnostic - works with multiple OBDII devices including, OBD Link LX, VGate iCar2 or any other Bluetooth enabled OBDII device. Drivit does not directly sell the OBDII device and it could be bought from third party sources. The smartphone app is free.
- Headquarters Lisbon, Portugal
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website drivit.com
- Social LinkedIn
- Acquired by Zego (Dec 2020)
Products & Services of Drivit
Drivit offers a comprehensive portfolio of products and services, including Drivit Technology and White-Label Solution.
Smartphone app for recording and analyzing driving trips accurately.
Customizable mobility features for business applications.
Investors in Drivit
Drivit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zego.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Motor insurance is provided for personal and work driving. | 2016 | zego.com | London, United Kingdom |
Investor details for Drivit
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People of Drivit
1 people are tracked at Drivit (1 in leadership).
| Name | Role | Group |
|---|---|---|
Carlos Abreu | CEO | Leadership |
Complete people profiles for Drivit
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Timeline of Drivit
2 dated milestones of Drivit across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Drivit is founded.
- Exit Acquired by Zego.
Competitors of Drivit
Drivit has 8 listed competitors in our database, 4 of them funded. They include GoFar, CaRPM, Carly, Carmen Automotive and AutoWiz, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gofar.co | 2014 | Sydney, Australia | $1.08M | – | Vehicle monitoring is enabled by OBD devices and mobile apps. | |
| carpm.in | 2015 | Gurugram, India | $100,000 | 28 | Car performance is monitored using OBD-II technology for real-time data. | |
| mycarly.com | 2014 | Munich, Germany | – | 34 | OBDII adapters and apps for vehicle diagnostics are offered. | |
| carmen.sg | 2015 | Singapore | $930,000 | – | Provider of a smart device to monitor car performance | |
| autowiz.in | 2015 | Bengaluru, India | $130,054 | – | Connected vehicle data analytics platform and applications are provided. | |
| bouncie.com | 2017 | Addison, United States | – | – | Vehicle tracking device offering location, safety, and health monitoring features. | |
| palmerperformance.com | 2003 | Sycamore, United States | – | – | Software for vehicle diagnostics and communication is provided. | |
| e-trailer.nl | 2015 | Delft, Netherlands | – | – | Electric trailers and caravans are developed for mountain travel. |
Detailed competitors of Drivit
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Top companies in Automotive Technology & Systems
10 companies that operate in the same segment as Drivit (Automotive Technology & Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Predictive marketing and sales platform | 1990 | San Francisco, California, United States | USD 332.76 M | – | – | |
Digital media recognition solutions are provided for content management. | 1993 | Emeryville, California, United States | USD 50.99 M | – | 248 | |
AI-driven dashcams and road safety solutions are provided for drivers. | 2015 | Tel Aviv, Israel | USD 149.5 M | – | – | |
Dash cameras and automotive accessories are supplied by Nextbase. | 1999 | United Kingdom | USD 12.56 M | – | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 215 M | – | 109 | |
Automotive insurance is delivered via an online platform. | 2016 | Chicago, Illinois, United States | USD 457.2 M | – | 166 |
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Related news about Drivit
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Frequently Asked Questions about Drivit
Drivit was founded in 2015.
Drivit is headquartered in Lisbon, Portugal.
Drivit provides vehicle diagnosis and smartphone-based vehicle driving analytics solutions. It uses an OBDII device (compatible with most vehicles made after 1996) and a smartphone app to provide vehicle analytics solutions such as tracking, recording trips, checking fuel consumption, driving style (hard braking, rapid acceleration or deceleration), etc. As of early December 2016, Drivit is still in beta mode. The smartphone app is available on Android PlayStore and the services of the company are available only in Portugal. The Drivit smartphone app is device agnostic - works with multiple OBDII devices including, OBD Link LX, VGate iCar2 or any other Bluetooth enabled OBDII device. Drivit does not directly sell the OBDII device and it could be bought from third party sources. The smartphone app is free.
Drivit's top competitors include GoFar, CaRPM and Carmen Automotive.
Drivit offers Drivit Technology and White-Label Solution.
Drivit has 1 investor. Key investors include Zego.
Yes. Drivit was acquired by Zego in December 2020.