Drivit

Drivit

To provide tools that can enable a new generation mobility services that address everyday burdens while reducing the impact that the car has on our environment and our safety.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20212023
Revenues00000000
EBITDA00000000
Profit00000000
% profit margin5 %-
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Company filings or news article

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More about Drivit
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Drivit is a technology company specializing in AI-driven mobility data and services, designed to enhance driving safety and sustainability. Operating in the telematics and mobility sector, Drivit serves insurance companies, fleet operators, and mobility service providers. The company's core product is a software development kit (SDK) that integrates seamlessly into existing mobile apps, capturing and analyzing driving data without the need for additional hardware. This data includes metrics on distracted driving, aggressive driving, and overall driving behavior, which are crucial for insurance underwriting, fleet management, and mobility services. Drivit's business model revolves around licensing its SDK and white-label solutions to clients, generating revenue through subscription fees and usage-based pricing. The company leverages machine learning and low-power sensors to ensure high accuracy and minimal battery consumption, making it a cost-effective solution for its clients. By providing actionable insights and data, Drivit helps its clients improve driver safety, reduce insurance claims, and optimize fleet operations.

Keywords: AI-driven, mobility data, telematics, driving safety, insurance, fleet management, SDK, machine learning, low-power sensors, white-label solutions.

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