About Octo Telematics
Octo Telematics is a company based in Rome (Italy) founded in 2002 was acquired by Renova in February 2014.. Octo Telematics has completed 2 acquisitions, including Nebula Systems and Trs.it. Octo Telematics offers products and services including OCTO IoT Platform, Telematics Devices, and DigitalDriver. Octo Telematics operates in a competitive market with competitors including Zego, Marshmallow, Cuvva, By Miles and Bikmo, among others.
- Headquarter Rome, Italy
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Sectors
Transportation, Automotive & LogisticsTechnology Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Octo Telematics Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Renova
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Nebula Systems
& 1 more
- Acquired by
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Products & Services of Octo Telematics
Octo Telematics offers a comprehensive portfolio of products and services, including OCTO IoT Platform, Telematics Devices, and DigitalDriver. 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.
Platform for real-time data collection and analysis from connected devices
Devices for vehicle tracking and monitoring in various industries
App for driver safety and performance tracking features
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Software Development Team
24 people
Leadership Team
10 people
Product Management Team
8 people
Data Analysis and Operations Team
6 people
Sales and Marketing
6 people
Finance and Accounting
5 people
Operations Team
4 people
Head Team
2 people
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Funding Insights of Octo Telematics
| 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 |
Investors in Octo Telematics
Octo Telematics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Renova and Charme Capital Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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A European mid-market private equity fund is operated.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Octo Telematics
Octo Telematics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Nebula Systems and Trs.it. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based automotive diagnostic and analytics services are provided.
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2013 | ||||
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Limited information available
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Octo Telematics
| 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 |
Octo Telematics Comparisons
Competitors of Octo Telematics
Octo 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 Zego, Marshmallow, Cuvva, By Miles and Bikmo, 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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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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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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| 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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Latest news on Octo Telematics
Frequently Asked Questions about Octo Telematics
When was Octo Telematics founded?
Octo Telematics was founded in 2002.
Where is Octo Telematics located?
Octo Telematics is headquartered in Rome, Italy. It is registered at Rome, Lazio, Italy.
Who is the current CEO of Octo Telematics?
Corrado Sciolla is the current CEO of Octo Telematics.
What does Octo Telematics do?
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors. It provides insurance telematics services and telematic applications to motor rental, fleet management etc. Octos Clearbox devices are installed in vehicles. They hold data on over billion kms of driving usage and behavioral data and insights. Insurance companies use the database to design personalized insurance policies that much more accurately assess individual risk.
Who are the top competitors of Octo Telematics?
Octo Telematics's top competitors include Marshmallow, Cuvva and Zego.
What products or services does Octo Telematics offer?
Octo Telematics offers OCTO IoT Platform, Telematics Devices, and DigitalDriver.
How many acquisitions has Octo Telematics made?
Octo Telematics has made 2 acquisitions, including Nebula Systems, and Trs.it.
Who are Octo Telematics's investors?
Octo Telematics has 2 investors. Key investors include Renova, and Charme Capital Partners.
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