About Sfara
Sfara is a company based in Hoboken (United States) founded in 2013. Sfara has raised $16.5 million across 2 funding rounds from investors including Verizon, Transdev and Lerer Hippeau. Sfara operates in a competitive market with competitors including GreenRoad, Zendrive, Brightmile, drivebuddyAI and SafeMode, among others.
- Headquarter Hoboken, United States
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$16.5 M (USD)
in 2 rounds
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Latest Funding Round
$11.5 M (USD), Series B
Nov 18, 2021
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Investors
Verizon
& 3 more
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Employee Count
Not available
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People of Sfara
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Funding Insights of Sfara
Sfara has successfully raised a total of $16.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.5 million completed in November 2021. 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 Sfara
Sfara has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Verizon, Transdev and Lerer Hippeau.
| Investor | Description | Founded Year | Domain | Location |
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USA focused VC firm investing in seed and early stage startups
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Mobile and internet services are provided to homes and businesses.
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Bus operator services for public transportation are provided worldwide.
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Investor details for Sfara
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Investments & Acquisitions by Sfara
Investment portfolio details for Sfara
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Financial Statements - Sfara
Detailed financials for Sfara
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Sfara Comparisons
Peer comparison for Sfara
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Competitors of Sfara
Sfara 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, Zendrive, Brightmile, drivebuddyAI and SafeMode, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fleet telematics and management solutions for safe driving are provided.
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AI-enabled platform offering driver behavior monitoring and analysis solutions
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AI-enabled fleet telematics and risk management solutions are provided.
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Provider of AI, SaaS-enabled driver, and fleet safety management solutions
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Smartphone distractions are managed by SafeMode for driver safety systems.
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Detailed competitors of Sfara
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Latest news on Sfara
Complete news archive for Sfara
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Frequently Asked Questions about Sfara
Sfara was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Sfara is headquartered in Hoboken, United States. It is registered at Hoboken, New Jersey, United States.
Erik Goldman is the current CEO of Sfara.
Sfara is a funded company, having raised a total of $16.5M across 2 funding rounds to date.
Sfara was founded in 2013 in Hoboken, United States, and operates in the driver assistance sector. A cloud-based platform is provided that leverages sensors in smartphones for situational awareness. Proprietary machine learning techniques are employed to analyze driver behavior, with deep learning algorithms used to deliver customized alerts. Operations focus on integrating smart devices to enhance road safety through data-driven insights.
Sfara's top competitors include GreenRoad, Brightmile and Zendrive.
Sfara has 4 investors. Key investors include Verizon, Transdev, Lerer Hippeau, and East Rock Capital.