Details

Last Funding Type

Grant

Last Funding Money Raised

$225K

Industries

Location Based Services,Mobile,Security,Travel

Founded date

Sep 1, 2013

Number Of Employee

1 - 10

Operating Status

Active

Stabilitas is the world’s first company to provide Travel Assurance. For corporations, the business environment has become increasingly global, and companies are commonly sending their employees all over the world. Stabilitas helps these companies keep track of their employee's locations, along with the risks they face, in real time. Their platform provides an ecosystem where travelers can share security information in order to keep themselves and others safe, while performing their jobs with peace of mind.

Stabilitas’ initial target market is employees that are traveling internationally for work or who are in developing countries as part of international subsidiaries to global companies, though they ultimately intend the more than 1B people that travel internationally each year. They sit at the intersections for government geo-intelligence ($10B), fleet management ($20B), Travel Welfare ($12B), and private contracted security markets ($63B). A bottom up analysis of global business travelers suggests a $2B initial target market.