About Zendrive
Zendrive is a Financial Services company based in San Francisco (United States) founded in 2013, and was acquired by Intuit in June 2024. AI-enabled platform offering driver behavior monitoring and analysis solutions. It operates in the Financial Services and Transportation, Automotive & Logistics sectors. Zendrive has raised $53.62 million across 4 funding rounds from investors including Intuit, Hearst and XL Innovate. The company has 69 employees. Its Indian entity Credit Karma India Private Limited reported revenue of ₹53.55 Cr. Zendrive offers products and services including IQL Platform, Usage-Based Insurance, and Claims Automation. Its focus areas include Connected Vehicles, Safety and Security, Cabin Monitoring and Driver Monitoring. Its competitors include Coalition, Nauto and Clearcover; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2013 and based in San Francisco, United States, Zendrive operates in the AI and telematics sector. An platform is provided that leverages mobile sensors to capture driving behaviors, including collision detection, phone usage, aggressive maneuvers, and distractions. AI algorithms are applied to identify patterns, generating insights for performance improvement. Solutions are targeted at fleet operators and insurance providers.
- Headquarters San Francisco, United States
- Employees 69
- Stage Acquired
- SectorsFinancial ServicesTransportation, Automotive & Logistics
- Email••••••••
- Website zendrive.com
- Social LinkedIn X Facebook
- Acquired by Intuit (Jun 2024)
- Legal Name Credit Karma India Private Limited
- Date of Incorporation 05 Dec, 2013
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹53.55 Cr
FY 2025 · +4% YoY
- Indian entity net loss-₹15.93 Cr
FY 2025 · -30% margin
- Indian entity EBITDA-₹12.74 Cr
FY 2025 · -24% margin
- Total Equity Funding$53.62M (USD)
in 4 rounds
- Latest Funding Round$37M (USD), Series B
Aug 2019
- InvestorsIntuit
& 15 more
- Employee Count69
- Acquired byIntuit
(Jun 2024)
Associated legal entities of Zendrive
Zendrive operates through Credit Karma India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Credit Karma India Private Limited CIN U74900KA2013FTC072335 | Active | 05 Dec 2013 | Bangalore, Karnataka | ₹53.5 Cr | 69 | 4 | View details |
Products & Services of Zendrive
Zendrive offers a comprehensive portfolio of products and services, including IQL Platform, Usage-Based Insurance, and Claims Automation.
Platform for embedding driving tests in apps for insurance savings.
System for coaching drivers and reducing collision risks through data.
Automates collision detection and claims processing for insurers.
Funding Insights of Zendrive
Zendrive has successfully raised a total of $53.62M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $37 million completed in August 2019. 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.
- Total Funding $53.62M
- Total Rounds 4
- Last Round Series B — $37M
- First Round $1.5M
(Aug 2013)
- Investors Count 15
All 4 funding rounds of Zendrive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $37M | Series B | – | XL Innovate | |
| Feb 2016 | $15.12M | Series A | – | ACME | |
| Nov 2014 | Seed | – | Expansion Venture Capital, Fontinalis Partners | – | |
| Aug 2013 | $1.5M | Seed | – | First Round Capital |
16 investors in total: 12 institutional and 4 angel.
Investors in Zendrive
Zendrive has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Intuit, Hearst and XL Innovate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in US tech startups are made by XL Innovate. | xlinnovate.com | Menlo Park, United States | ||
Seed and early-stage startups are funded by SignalFire. | signalfire.com | San Francisco, United States | ||
Tech focused early stage VC firm investing in the US | nyca.com | New York, United States | ||
Early-stage investments are directed toward disruptive technologies and innovations. | acme.vc | San Francisco, United States | ||
BMW i Ventures is focused on investing in automotive technology startups. | bmwiventures.com | Mountain View, United States | ||
Investments are directed toward fintech, cybersecurity, and martech sectors. | thomvest.com | San Francisco, United States | ||
Tech focused Stage-Agnostic VC Firm investing in the US | fontinalis.com | Detroit, United States | ||
US focused seed and early-stage VC firm | firstround.com | San Francisco, United States | ||
Tech focused VC firm investing in early and growth stage companies in the US | expansionvc.com | New York, United States | ||
AME Cloud Ventures is focused on investing in data-driven technology companies. | amecloudventures.com | Palo Alto, United States |
Investor details for Zendrive
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Credit Karma India Private Limited (Zendrive)
Credit Karma India Private Limited is the primary company behind Zendrive. The board of Credit Karma India Private Limited currently have 4 directors; the longest-serving is Pankaj Risbood, appointed in 2013. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Risbood DIN 06697584 | Whole-time director | 05 Dec 2013 | 12 yrs 11 mo | Credit Karma India Private Limited |
| Santhosh Kumar DIN 05162401 | Director | 11 Jul 2024 | 2 yrs 3 mo | Credit Karma India Private Limited |
| Gavin Anthony Buckley DIN 10368991 | Additional Director | 20 Aug 2025 | 1 yr 2 mo | Credit Karma India Private Limited |
| Tyler Ralph Cozzens DIN 08154303 | Additional Director | 20 Aug 2025 | 1 yr 2 mo | Credit Karma India Private Limited |
People of Zendrive
2 people are tracked at Zendrive (1 in leadership, 1 in board & advisors); the tracked headcount is 69.
| Name | Role | Group |
|---|---|---|
Dane Holewinski | CEO & CTO Coach | Leadership |
Jonathan Matus | Chairman / BOD | Board & advisors |
Complete people profiles for Zendrive
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Verified entity values are shown only after access is granted.
Financials of Zendrive
Figures of Credit Karma India Private Limited, the primary company behind Zendrive, for FY 2025. Revenue was ₹53.55 Cr (+4% year on year). Net loss was -₹15.93 Cr (-30% margin). EBITDA was -₹12.74 Cr (-24% margin). Revenue has grown at a compounded annual rate of -5% over three years and +6% over five years.
- ₹53.55 CrRevenue · FY 2025 · +4% YoY
- -₹15.93 CrNet loss · -30% margin
- -₹12.74 CrEBITDA · -24% margin
- ₹1 LakhPaid-up capital
- 69Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Credit Karma India Private Limited are on its company page.
Detailed financial statements for Zendrive
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Zendrive
4 dated milestones of Zendrive across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Zendrive is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series B, of $37.0M.
- Exit Acquired by Intuit.
Competitors of Zendrive
Zendrive has 3 listed competitors in our database, 3 of them funded. They include Coalition, Nauto and Clearcover.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coalitioninc.com | 2017 | San Francisco, United States | $800M | 471 | Online property and casualty insurance is provided for businesses. | |
| nauto.com | 2015 | Palo Alto, United States | $215M | 139 | AI-enabled driver monitoring and fleet safety management solutions | |
| clearcover.com | 2016 | Chicago, United States | $457.2M | 450 | Automotive insurance is delivered via an online platform. |
Detailed competitors of Zendrive
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Zendrive
Websites that share an audience with Zendrive (zendrive.com).
Websites whose visitors overlap most with Zendrive. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| timeful.com | 100% | View details | |||
| zendesk.com | 100% | 73.5M | #366 | View details | |
| gigaom.com | 80% | 31.7K | #1,015,819 | View details | |
| zubie.com | 60% | 42.1K | #520,191 | View details | |
| cloudmade.com | 60% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Zendrive
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Zendrive (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Zendrive
Complete news archive for Zendrive
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Articles about Zendrive on our blog
- Analytics Startups in India to watch in 202006 May 2020
Frequently Asked Questions about Zendrive
Zendrive was founded in 2013.
Zendrive is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Zendrive is a funded company, having raised a total of $53.62M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Aug 2013.
Zendrive has 69 employees.
The primary company behind Zendrive, Credit Karma India Private Limited, reported revenue of ₹53.55 Cr for FY 2025, up 4% year on year.
Founded in 2013 and based in San Francisco, United States, Zendrive operates in the AI and telematics sector. An platform is provided that leverages mobile sensors to capture driving behaviors, including collision detection, phone usage, aggressive maneuvers, and distractions. AI algorithms are applied to identify patterns, generating insights for performance improvement. Solutions are targeted at fleet operators and insurance providers.
Zendrive's top competitors include Coalition, Nauto and Clearcover.
Zendrive offers IQL Platform, Usage-Based Insurance, and Claims Automation.
Zendrive has 16 investors. Key investors include Intuit, Hearst, XL Innovate, SignalFire, and Nyca Partners.
Zendrive operates through Credit Karma India Private Limited.
Yes. Zendrive was acquired by Intuit in June 2024.
The legal entities of Zendrive currently have 4 directors, including Pankaj Risbood, Santhosh Kumar, Gavin Anthony Buckley and others.