Fairmatic

Fairmatic

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Fairmatic

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· 2022· 67 peoplefairmatic.com
About
Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered technology in combination with deep telematics data to drive meaningful cost savings for fleets by valuing responsible driving leading to safer roads. The Fairmatic underwriting model has been trained and tested with over 200 billion miles of driving data to help fleets proactively manage safety issues with actionable insights. Founded by Jonathan Matus, a serial technologist who helped launch Android and Facebook mobile, Fairmatic is fundamentally reimagining commercial auto insurance from the ground up to make roads safer one fleet at a time. Fairmatic has raised a total of $88M from Battery Ventures, Foundation Capital, Aquiline Technology Growth and insurtech, fintech and technology investors, including Jerry Yang, Oren Zeev, and Bill Tai. Fairmatic is expanding its global team. Learn more about Fairmatic at fairmatic.com or join the team of unconventional, adaptable and curious technologists by reaching out to globalrecruitment@fairmatic.com.

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Total Employees

67

Current headcount

Company Timeline
Funding rounds, employee growth, revenue, and exits over the same period. News mentions shown as markers.

No timeline data for this period

Score Breakdown
54
Traction
58
Team
30
Visibility
29
Profile
70
Community
15
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Frequently Asked Questions
What does Fairmatic do?
Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered technology in combination with deep telematics data to drive meaningful cost savings for fleets by valuing responsible driving leading to safer roads. The Fairmatic underwriting model has been trained and tested with over 200 billion miles of driving data to help fleets proactively manage safety issues with a…
How much funding has Fairmatic raised?
Fairmatic has raised a total of $88M in funding. The most recent round on record is Series B.
When was Fairmatic founded?
Fairmatic was founded in 2022.
What industry does Fairmatic operate in?
Fairmatic operates in Insurance, Automotive, Fleet.
How many employees does Fairmatic have?
Fairmatic has approximately 67 people on record.
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