Provider of a driving assistant application designed to connect cars on the road to the internet and empower drivers with knowledge about themselves and their cars. The company's proprietary Automatic Pro and Automatic Lite connected car adapters provide vehicle diagnostic alerts, emergency crash assistance, fuel monitoring, access to parking information, live vehicle location tracking, enabling vehicle owners to be safer and drive smarter.
Generating Revenue
Acquired/Merged (Operating Subsidiary)
Formerly VC-backed
The company raised $9 million of Series B1 venture funding in a deal led by United Services Automobile Association, Arba Seed Investment Group, CDK Global and Comcast Ventures on June 25, 2015, putting the pre-money valuation at $70 million. Y Combinator, Arba Seed Investment Group, Foundation Capital, RPM Ventures, Anthemis Group, Amicus Capital, eLab Ventures, California State Automobile Association, 6 individual investor and other undisclosed investors also participated.
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