Matt3r

Based in Vancouver, Canada, Matt3r Technologies Inc. is a technology company operating at the intersection of artificial intelligence and vehicle safety. Founded in 2021 by serial entrepreneur Hamid Abdollahi, the company is focused on developing solutions that enhance road safety for drivers, cyclists, and pedestrians. Abdollahi brings a wealth of experience from his previous venture, Recon Instruments, which created the first smart eyewear for sports and was acquired by Intel in 2015. He also serves as the Chairman of Novarc Technologies, a company specializing in robotic welding.

The company's primary business involves providing both hardware and software solutions for vehicle automation. A key product is the K3Y, a USB device designed for Tesla vehicles that transforms the car's built-in cameras into an intelligent dashcam system. The K3Y records a surround view from the vehicle's external cameras and uses AI to automatically flag significant events such as honks, harsh braking, and front collision warnings. This footage and data are wirelessly accessible to the user via the CONSOL3 mobile application, which simplifies the process of reviewing driving events. The K3Y device is priced at $199, and the company began accepting pre-orders with shipments expected in late 2024.

Matt3r serves multiple client types. For individual Tesla owners and fleet managers, the K3Y device and accompanying app provide a tool for asset protection, incident reporting, and risk management. The company is also developing software solutions for companies creating automated driving systems (ADS). This B2B offering turns raw, anonymized driving data collected from K3Y users into simulation-ready scenarios. This provides ADS developers with cost-effective access to diverse, real-world driving data to train and validate their algorithms. The business model generates revenue through the sale of the K3Y hardware and through its software solutions for the autonomous vehicle development market. To date, Matt3r has secured CAD $2 million in pre-seed funding from Vancouver-based investors.

Keywords: vehicle safety, artificial intelligence, dashcam, automotive technology, fleet management, autonomous driving systems, ADAS, data acquisition, simulation scenarios, road safety, telematics, computer vision, connected car, driver safety, incident detection, video telematics, vehicle data, mobility solutions, IoT, automotive hardware