Fairmatic
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Overview
Fairmatic offers data-driven fleet insurance that rewards safety with savings. Fairmatic uses AI-powered technology in combination with troves of telematics data to create meaningful cost savings for fleets, safer roads, and a profitable business model. Fairmatic helps fleets in proactively managing safety issues with actionable insights.
About
Industries
Financial Services, Artificial Intelligence (AI), InsurTech, Insurance, Auto Insurance
Founded
2019
Employees
51-100
Headquarters locations
United States, North America
Social
N/A
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Fairmatic headquartered in United States, North America, operates in the Financial Services, Artificial Intelligence (AI), InsurTech, Insurance, Auto Insurance sector. The company focuses on Financial Services and has secured $5.3B in funding across 60 round(s). With a team of 51-100 employees, Fairmatic is actively contributing to advancements in Financial Services. Their latest funding round, Series B - Fairmatic, raised $46.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
3
Investors
7
Lead Investors
0
Total Funding Amount
$88.0M
Details
2
Fairmatic has raised a total of $88.0M in funding over 2 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2022 | Early Stage Venture | 42.0M | ||
| 2023 | Early Stage Venture | 46.0M |
Investors
Fairmatic is funded by 20 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Bridge Bank | - | FUNDING ROUND - Bridge Bank | 46.0M |
| Charles Moldow | - | FUNDING ROUND - Charles Moldow | 46.0M |
| Fairmatic | - | FUNDING ROUND - Fairmatic | 46.0M |
| Foundation Capital | - | FUNDING ROUND - Foundation Capital | 46.0M |
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