Cambridge Mobile Telematics (CMT) aims to improve safety in the mobile world for people and goods using mobile sensing and IoT, AI, and behavioral science. Since its first product launch in 2012, which helped establish the new category of mobile usage-based insurance, CMT has grown to become the world's leading mobile telematics and analytics company. Headquartered in Cambridge, MA, steps from the MIT campus, CMT's award-winning DriveWell platform is used by leading insurers, fleets, cellular carriers, and other organizations in more than 20 countries, improving safety for millions of mobile users.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 12/19/18 | $500,000,000 |
SoftBank Vision Fund | undisclosed |
