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Cambridge Mobile Telematics

Cambridge, MA InsurTech Public

AI-powered telematics platform for insurers, rideshares, and fleets. Smartphone-based driver behavior monitoring and analytics. Measures driving quality, identifies risk, and reduces risky behavior by 40%. Provides usage-based insurance (UBI) solutions and real-time driver feedback through DriveWell mobile app and DriveWell Fusion platform.

Public Company

Cambridge Mobile Telematics is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Employees

470–485

Total Funding

$852.5M

3 rounds

Latest Valuation

$1.53B

March 24, 2026

Funding

Total raised $852.5M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series C

Date

December 19, 2018

Amount

$500M

Valuation

$1.53B

Lead Investors

SoftBank Vision Fund
DateRoundAmount RaisedValuationLead Investors
March 24, 2026 Series D $350M TPG, Allianz X
December 19, 2018 Series C $500M $1.53B SoftBank Vision Fund
September 3, 2014 Seed / Early Equity $2.5M Not disclosed

Leadership

  • William V. Powers

    Co-Founder & CEO

  • Hari Balakrishnan

    Co-Founder & CTO

  • Samuel Madden

    Co-Founder

  • Fran Smith

    Chief Financial Officer

  • Robert Renke

    VP, General Counsel

  • Nino Tarantino

    SVP International Markets

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • TrueMotion

    Mobile telematics platform for usage-based insurance and driver safety programs.

  • Zendrive

    AI-powered commercial fleet safety and driver behavior management platform.

  • NetraDyne

    Video telematics and AI-powered fleet safety and driver behavior platform.

  • Octo

    Insurance telematics and connected vehicle platform with risk scoring and crash management.

  • Metromile

    Usage-based auto insurance provider with mileage-based pricing.

  • LightMetrics

    Video telematics platform for fleet safety and driver coaching.

Cambridge Mobile Telematics Investment FAQ

Cambridge Mobile Telematics FAQ

Cambridge Mobile Telematics became a public company following M&A on March 10, 2026. The company subsequently secured a $350M all-secondary strategic investment from TPG and Allianz X in March 2026 for international expansion.

Cambridge Mobile Telematics shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Cambridge Mobile Telematics had a valuation of approximately $1.53B at the time of its public offering. Current market capitalization fluctuates with the share price.

Cambridge Mobile Telematics raised $852.5M across 3 disclosed funding rounds prior to its public listing.

Cambridge Mobile Telematics was co-founded by William V. Powers, Hari Balakrishnan, and Samuel Madden in 2010.

Cambridge Mobile Telematics is headquartered in Cambridge, MA.

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Data collected with AI, which can make mistakes. Please double-check this information.