About Rainworks
Rainworks is a company based in Miami (United States) founded in 2011. It operates as a SaaS, and B2B. Rainworks offers products and services including DriveSMARTT Fleet Management, Connected Car, and Insurance Telematics. Rainworks operates in a competitive market with competitors including Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.
- Headquarter Miami, United States
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Products & Services of Rainworks
Rainworks offers a comprehensive portfolio of products and services, including DriveSMARTT Fleet Management, Connected Car, and Insurance Telematics. 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.
Cloud-based service for vehicle tracking and driver monitoring in fleets.
Platform for real-time car data like diagnostics and in-car Wi-Fi connectivity.
Service using telematics to score driving behaviors and reduce insurance premiums.
Funding Insights of Rainworks
| 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 |
Investments & Acquisitions by Rainworks
| 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 - Rainworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Rainworks Comparisons
Competitors of Rainworks
Rainworks 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 Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, 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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| domain | founded_year | HQ Location |
Automotive insurance is delivered via an online platform.
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Usage-based data monitoring solutions for the auto insurance industry
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| domain | founded_year | HQ Location |
App that provides usage-based auto insurance platform for individuals
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| domain | founded_year | HQ Location |
Telematics-based data & monitoring solutions for auto insurers and fleet owners
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| domain | founded_year | HQ Location |
App-based auto insurance comparison is offered to individuals.
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| domain | founded_year | HQ Location |
Vehicle data is monitored through plugin devices for usage-based insurance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Rainworks
When was Rainworks founded?
Rainworks was founded in 2011.
Where is Rainworks located?
Rainworks is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
What does Rainworks do?
Rainworks Automotive Technology is a privately held company founded in 2011, headquartered in Florida with offices in Trinidad and Tobago. It delivers cloud-based Software-as-a-Service solutions for fleet management, including vehicle tracking and driver monitoring via plug-and-play devices. The company also offers connected car services for real-time data like engine diagnostics and in-car Wi-Fi, as well as insurance telematics to improve driving safety and reduce premiums. Serving businesses in automotive, insurance, and rental industries, it focuses on efficiency and cost-effectiveness.
Who are the top competitors of Rainworks?
Rainworks's top competitors include Clearcover, Metromile and Sigo Insurance.
What products or services does Rainworks offer?
Rainworks offers DriveSMARTT Fleet Management, Connected Car, and Insurance Telematics.