Cambridge Mobile Telematics

company

About

Cambridge Mobile Telematics develops DriveWell, a complete telematics and behavioral analytics solution to improve safety.

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$500M
Industries
Insurance,Mobile,Public Safety,Transportation
Founded date
Jan 1, 2010
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Cambridge Mobile Telematics Inc

Cambridge Mobile Telematics (CMT) makes roads and drivers safer around the world. Founded in 2010 by two MIT professors and experienced entrepreneurs, CMT pioneered telematics for behavior-based insurance (BBI) and deployed the first solution to provide both traditional vehicle-centric UBI and BBI. CMT has over 20 customers in 14 countries.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$502.50M
Cambridge Mobile Telematics has raised a total of $502.50M in funding over 2 rounds. Their latest funding was raised on Dec 19, 2018 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 19, 2018 Private Equity(PE) $500M 1 SoftBank Vision Fund Detail
Sep 3, 2014 Series Unknown $2.50M Detail

Investments

Number of Investments
Number of Lead Investments
12
0
Cambridge Mobile Telematics has made 12 investments. Their most recent investment was on Dec 8, 2022, when Shibuya raised $6.90M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 8, 2022 Shibuya
Seed $6.90M Blockchain
Sep 21, 2022 Immortal Game
Series A €12.19M Blockchain
Feb 3, 2022 Future
Series C $75M Fitness
Series A $12M Artificial Intelligence
Sep 16, 2021 Sleeper
Series C $40M eSports

Investors

Number of Lead Investors
Number of Investors
1
1
Cambridge Mobile Telematics is funded by 1 investors. SoftBank Vision Fund are the most recent investors.
Investor Name Lead Investor Funding Round
SoftBank Vision Fund Yes Private Equity(PE)

Employee Profiles

Number of Employee Profiles
13
Cambridge Mobile Telematics has 13 current employee profiles, including Executive Bill Powers
Executive
Executive
Board member
Executive
Board member

Exits

Cambridge Mobile Telematics has had 1 exits. Cambridge Mobile Telematics most notable exits include Phiar Technologies

Date Company Name Exit Type Industry
Dec 20, 2022 Phiar Technologies M&A Artificial Intelligence Detail

Acquisition

Cambridge Mobile Telematics has acquired 1 organizations. Their most recent acquisition was TrueMotion on Jun 17, 2021. They acquired TrueMotion for 0.

Date Company Name
Industry Acquisition Type Price
Jun 17, 2021 TrueMotion
Apps acquisition Detail