TrueMotion Overview
- Year Founded
-
2012
- Status
-
Acquired/Merged
- Employees
-
175
- Latest Deal Type
-
Buyout/LBO
- Financing Rounds
-
7
TrueMotion General Information
Description
Developer of a smartphone-based telematics platform designed to serve auto insurers. The company's platform uses advanced signal processing, machine learning and data science to refine smartphone sensor data and transforms it into meaningful driving insights, enabling clients to distinguish between safe and risky drivers, reward safe drivers with discounts on their insurance and help reduce the number of driving accidents, leading to safer roads for all.
Contact Information
Website
www.gotruemotion.comCorporate Office
- 99 High Street
- Floor 7
- Boston, MA 02110
- United States
Corporate Office
- 99 High Street
- Floor 7
- Boston, MA 02110
- United States
TrueMotion Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
TrueMotion Comparisons
Industry
Financing
Details
TrueMotion Competitors (15)
One of TrueMotion’s 15 competitors is Cambridge Mobile Telematics, a Private Equity-Backed company based in Cambridge, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cambridge Mobile Telematics | Private Equity-Backed | Cambridge, MA | ||||
| Arity | Corporate Backed or Acquired | Dallas, TX | ||||
| Dash Labs | Formerly VC-backed | New York, NY | ||||
| Zubie | Formerly VC-backed | Bloomington, MN | ||||
| Verizon Connect | Corporation | New York, NY |
TrueMotion Patents
TrueMotion Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2021037943-A | Method and system for vehicle speed estimation | Active | 16-Aug-2019 | ||
| GB-201906633-D0 | Systems and methods for detecting a vehicle crash based on airbag deployment | Active | 10-May-2018 | ||
| GB-202216719-D0 | Systems and methods for detecting a vehicle crash based on airbag deployment | Active | 10-May-2018 | ||
| GB-2575535-A | Systems and methods for detecting a vehicle crash based on airbag deployment | Active | 10-May-2018 | ||
| GB-2575535-B | Systems and methods for detecting a vehicle crash based on airbag deployment | Active | 10-May-2018 | B60R21/013 |
TrueMotion Signals
TrueMotion Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
TrueMotion FAQs
-
When was TrueMotion founded?
TrueMotion was founded in 2012.
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Where is TrueMotion headquartered?
TrueMotion is headquartered in Boston, MA.
-
What is the size of TrueMotion?
TrueMotion has 175 total employees.
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What industry is TrueMotion in?
TrueMotion’s primary industry is Media and Information Services (B2B).
-
Is TrueMotion a private or public company?
TrueMotion is a Private company.
-
What is TrueMotion’s current revenue?
The current revenue for TrueMotion is .
-
How much funding has TrueMotion raised over time?
TrueMotion has raised $88M.
-
Who are TrueMotion’s investors?
Bain Capital Ventures, Declaration Partners, GE I OMD Incubator, General Catalyst, and Harvard Innovation Launch Lab are 5 of 8 investors who have invested in TrueMotion.
-
Who are TrueMotion’s competitors?
Cambridge Mobile Telematics, Arity, Dash Labs, Zubie, and Verizon Connect are some of the 15 competitors of TrueMotion.
-
When was TrueMotion acquired?
TrueMotion was acquired on 18-Jun-2021.
-
Who acquired TrueMotion?
TrueMotion was acquired by Cambridge Mobile Telematics.
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