OverviewSuggest Edit

Our products are used daily by drivers worldwide in popular smartphone applications, triggering significant changes in the global insurance market.

Founded in 2010 by two MIT professors and experienced entrepreneurs, and located in Kendall Square in Cambridge, MA, our accomplished team of computer scientists and business leaders are focused on cutting edge technologies, including: 

● Identifying frequent phone use while driving 

● Inferring the longitudinal and lateral accelerations of a vehicle, as well as its velocity, to highlight unsafe acceleration, braking, and cornering events, from smartphones in arbitrary orientations 

● Automatically detecting when driving starts and stops 

● Providing users with immediate and engaging feedback about their driving behavior via polished smartphone applications 

● Delivering end-to-end reporting including individual and aggregate driving performance 

In 2013, we launched the DriveWell smartphone app, providing a completely customizable solution for behavior-based insurance providers and their customers. With our patented technology, we have solved for challenges around accuracy, battery-efficiency and user convenience. ... Show more
TypePrivate
Founded2010
HQCambridge, US
Websitecmtelematics.com
Employee Ratings5

Latest Updates

Employees (est.) (Feb 2019)78(+10%)

Key People/Management at Cambridge Mobile Telematics

Bill Powers

Bill Powers

CEO
Fran Smith

Fran Smith

CFO
Hari Balakrishnan

Hari Balakrishnan

CTO
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Cambridge Mobile Telematics Office Locations

Cambridge Mobile Telematics has offices in Cambridge and Orlando
Cambridge, US (HQ)
1 Broadway, 14th Floor
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Cambridge Mobile Telematics Financials and Metrics

Summary Metrics

Founding Date

2010

Cambridge Mobile Telematics total Funding

$502.5 m

Cambridge Mobile Telematics latest funding size

$500 m

Time since last funding

2 months ago

Cambridge Mobile Telematics investors

Cambridge Mobile Telematics's latest funding round in December 2018 was reported to be $500 m. In total, Cambridge Mobile Telematics has raised $502.5 m
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Cambridge Mobile Telematics Operating Metrics

Dec, 2018

Countries

20
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Cambridge Mobile Telematics Online and Social Media Presence

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Cambridge Mobile Telematics Blogs

Bridging the Information Gap Getting telematics in every driver's hands

Last year, we were fortunate enough to receive an investment from Softbank. Media and analysts covering the news focused on the numbers; $500 million is an attention-grabbing sum by anyone’s... The post Bridging the Information Gap <br> <h5>Getting telematics in every driver's hands <…

At StartMIT, students gain advice for building a successful startup MIT News

“The purpose of a business should be to solve real problems for real customers,” says MIT Professor Hari Balakrishnan, cofounder of Cambridge Mobile Telematics. Technology encourages the growth of startups,... The post At StartMIT, students gain advice for building a successful startup <br> &l…

$40,000 up for grabs for RI’s safest drivers WPRI.com

 EAST PROVIDENCE, R.I. (WPRI) — An insurance company and a tech firm are giving away $40,000 to the safest drivers in Rhode Island but to compete for top honors,... The post $40,000 up for grabs for RI’s safest drivers <br> <h5>WPRI.com</h5> appeared first on Cambridge Mobile Tele…

Driver safety app, UBI insurance program attracts $500M investment Commercial Carrier Journal

Venture capital has been flowing to startups and fast-growth technology companies in transportation, but few transactions compare to one that took place in December 2018. An early pioneer of telematics... The post Driver safety app, UBI insurance program attracts $500M investment <br> <h5&g…

Are you the safest driver? An app will decide that valleybreeze.com

LINCOLN – Do you wait too long to hit the brake? Is a lead foot your bad habit? Do you get easily distracted by your phone while driving? How would... The post Are you the safest driver? An app will decide that <br> <h5>valleybreeze.com</h5> appeared first on Cambridge Mobile Telem…

Amica Insurance and Cambridge Mobile Telematics Launch Rhode Island’s Safest Driver Contest Business Wire

LINCOLN, R.I.–(BUSINESS WIRE)–To encourage safer driving in Rhode Island, and to gain insight into how telematics can influence driving behavior, Amica Insurance has partnered with Cambridge Mobile Telematics (CMT) to launch Rhode Island’s Safest... The post Amica Insurance and Cambridge Mobile Tele…
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Cambridge Mobile Telematics Company Life and Culture

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Cambridge Mobile Telematics Frequently Asked Questions

  • When was Cambridge Mobile Telematics founded?

    Cambridge Mobile Telematics was founded in 2010.

  • Who are Cambridge Mobile Telematics key executives?

    Cambridge Mobile Telematics's key executives are Bill Powers, Fran Smith and Hari Balakrishnan.

  • How many employees does Cambridge Mobile Telematics have?

    Cambridge Mobile Telematics has 78 employees.

  • Who are Cambridge Mobile Telematics competitors?

    Competitors of Cambridge Mobile Telematics include Lytx, TrueMotion and CarIQ.

  • Where is Cambridge Mobile Telematics headquarters?

    Cambridge Mobile Telematics headquarters is located at 1 Broadway, 14th Floor, Cambridge.

  • Where are Cambridge Mobile Telematics offices?

    Cambridge Mobile Telematics has offices in Cambridge and Orlando.

  • How many offices does Cambridge Mobile Telematics have?

    Cambridge Mobile Telematics has 2 offices.