About DrivSafe
DrivSafe is a company based in Mumbai (India) founded in 2011. It operates as a B2B. DrivSafe offers products and services including DrivSafe Telematics App and Personalized Reports. DrivSafe operates in a competitive market with competitors including ACKO, CarIQ, Webfleet, nesh.live and WIMWIsure, among others.
- Headquarter Mumbai, India
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TechnologyHealthcare
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- Legal Name Drivsafe Llc
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Products & Services of DrivSafe
DrivSafe offers a comprehensive portfolio of products and services, including DrivSafe Telematics App and Personalized Reports. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Captures and analyzes driving data for auto insurance risk assessment.
Generates user reports comparing driving habits to improve safety.
Funding Insights of DrivSafe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by DrivSafe
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DrivSafe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Drivsafe Comparisons
Competitors of DrivSafe
DrivSafe 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 ACKO, CarIQ, Webfleet, nesh.live and WIMWIsure, 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 |
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Insurance products for vehicles, health, travel, and life are offered.
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Vehicle diagnostics solutions are delivered via a SaaS-based OBD platform.
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Provides cloud-based fleet management software solutions.
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Cloud-based fleet intelligence platform is provided for vehicle data analysis.
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AI-based platform for P&C insurance claims processing is offered.
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| domain | founded_year | HQ Location |
A platform for assessing and quantifying driving risks is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DrivSafe
When was DrivSafe founded?
DrivSafe was founded in 2011.
Where is DrivSafe located?
DrivSafe is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What does DrivSafe do?
DrivSafe is a smartphone-based telematics system that captures and analyzes comprehensive driving behavior data for the auto insurance industry. It uses patented technology to provide personalized reports, helping insurers align premiums with actual risks. The app runs in the background, requiring minimal user interaction, and supports better pricing accuracy. Based in the United States, it serves auto insurance companies by offering cost-effective solutions to enhance profitability and market share through data-driven insights.
Who are the top competitors of DrivSafe?
What products or services does DrivSafe offer?
DrivSafe offers DrivSafe Telematics App and Personalized Reports.