DRUST

DRUST

Intelligent software solutions enhancing connected vehicle data.

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DateInvestorsAmountRound
investor

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N/A

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investor investor

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round

$6.6m

Series A
Total Funding000k

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Revenues, earnings & profits over time
EUR2016
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EBITDA0000
Profit0000
EV0000
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R&D budget0000

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DRUST, a subsidiary of Continental AG since its acquisition was finalized in early 2022, specializes in developing intelligent software and marketing solutions to enhance data from connected vehicles. The company was founded in France in 2014 by Michael Fernandez, Pascal galacteros, and Florent Pignal, who combined their expertise in automotive technology, data science, and business development to address the burgeoning connected car market.

DRUST provides a technology-agnostic platform capable of processing telematics and non-telematics data from various sources, including On-Board Diagnostic (OBD) dongles. This allows the company to serve a broad range of vehicles, not just newly manufactured connected cars. The firm's business model is centered on co-creating connected car service offerings with its partners. These partners include automotive manufacturers, equipment makers, repair networks, insurance companies, smart cities, and other major players in the mobility sector.

The company's core offering is a platform that interprets vehicle data to provide valuable insights and services. These services can range from driver behavior analysis and predictive maintenance alerts to customized insurance plans and fleet management solutions. By focusing on delivering a quality, consumer-centric experience, DRUST aims to bridge the gap between existing vehicles and the future of connected mobility. The acquisition by Continental has allowed DRUST to integrate its software expertise with a global automotive technology leader, expanding its reach and development capabilities.

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