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Insights

Data-Driven Fleet Insurance Fairmatic offers data-driven fleet insurance that rewards safety with savings, leveraging AI-powered technology and deep telematics data. This innovative approach can appeal to businesses looking to reduce insurance costs while promoting safe driving practices within their fleets.

Strategic Expansion Fairmatic is actively expanding its global team, indicating potential growth opportunities. Businesses seeking collaboration or partnerships with an innovative insurance provider can explore avenues to engage with Fairmatic and tap into their progressive solutions.

Partnership Opportunities Fairmatic's partnership with Onfleet, a last-mile delivery management software platform, presents an opportunity for synergistic collaborations. Companies in the logistics or transportation industry looking to enhance their safety measures and insurance solutions can consider partnering with Fairmatic.

Experienced Leadership With key hires like Jim Hinchley as President of Insurance and Boaz Ram as Vice President of Product, Fairmatic showcases a strong leadership team. Businesses seeking to align with industry experts and experienced professionals in driving insurance innovations can explore collaboration opportunities with Fairmatic.

Investment Potential Fairmatic's successful funding rounds, including a $46 million Series B led by Battery Ventures, underscore investor confidence. Investors or businesses looking to invest in or collaborate with a well-funded insurtech company with significant growth potential may find Fairmatic an attractive opportunity.

Similar companies to Fairmatic

Fairmatic Tech Stack

Fairmatic uses 8 technology products and services including Salesforce, Figma, PWA, and more. Explore Fairmatic's tech stack below.

  • Salesforce
    Customer Relationship Management
  • Figma
    Design
  • PWA
    Miscellaneous
  • HTTP/3
    Miscellaneous
  • JavaScript
    Programming Languages
  • Workable
    Recruitment Marketing
  • Cloudflare Bot Management
    Security
  • Adobe Creative Suite
    Visualisation Software

Media & News

Fairmatic's Email Address Formats

Fairmatic uses at least 1 format(s):
Fairmatic Email FormatsExamplePercentage
First@fairmatic.comJohn@fairmatic.com
45%
First.Last@fairmatic.comJohn.Doe@fairmatic.com
35%
FLast@fairmatic.comJDoe@fairmatic.com
18%
Last@fairmatic.comDoe@fairmatic.com
2%

Frequently Asked Questions

Where is Fairmatic's headquarters located?

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Fairmatic's main headquarters is located at New York, US. The company has employees across 4 continents, including North AmericaAsiaEurope.

What is Fairmatic's official website and social media links?

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Fairmatic's official website is fairmatic.com and has social profiles on LinkedIn.

How much revenue does Fairmatic generate?

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As of September 2024, Fairmatic's annual revenue reached $15M.

What is Fairmatic's NAICS code?

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Fairmatic's NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does Fairmatic have currently?

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As of September 2024, Fairmatic has approximately 127 employees across 4 continents, including North AmericaAsiaEurope. Key team members include Chief Business Officer: B. S.Vice President Of Sales: P. K.Head Of People: M. S.. Explore Fairmatic's employee directory with LeadIQ.

What industry does Fairmatic belong to?

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Fairmatic operates in the Insurance industry.

What technology does Fairmatic use?

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Fairmatic's tech stack includes SalesforceFigmaPWAHTTP/3JavaScriptWorkableCloudflare Bot ManagementAdobe Creative Suite.

What is Fairmatic's email format?

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Fairmatic's email format typically follows the pattern of . Find more Fairmatic email formats with LeadIQ.

How much funding has Fairmatic raised to date?

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As of September 2024, Fairmatic has raised $46M in funding. The last funding round occurred on Mar 16, 2023 for $46M.

When was Fairmatic founded?

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Fairmatic was founded in 2019.
Fairmatic

Fairmatic

InsuranceNew York, United States51-200 Employees

Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered technology in combination with deep telematics data to drive meaningful cost savings for fleets by valuing responsible driving leading to safer roads. The Fairmatic underwriting model has been trained and tested with over 200 billion miles of driving data to help fleets proactively manage safety issues with actionable insights.

Founded by Jonathan Matus, a serial technologist who helped launch Android and Facebook mobile, Fairmatic is fundamentally reimagining commercial auto insurance from the ground up to make roads safer one fleet at a time. Fairmatic has raised a total of $88M from Battery Ventures, Foundation Capital, Aquiline Technology Growth and insurtech, fintech and technology investors, including Jerry Yang,  Oren Zeev, and Bill Tai.

Fairmatic is expanding its global team. Learn more about Fairmatic at fairmatic.com or join the team of unconventional, adaptable and curious technologists by reaching out to globalrecruitment@fairmatic.com.

Section iconCompany Overview

Headquarters
New York, US
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
2019
Employees
51-200

Section iconFunding & Financials

  • $46M

    Fairmatic has raised a total of $46M of funding over 3 rounds. Their latest funding round was raised on Mar 16, 2023 in the amount of $46M.

  • $10M$50M

    Fairmatic's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $46M

    Fairmatic has raised a total of $46M of funding over 3 rounds. Their latest funding round was raised on Mar 16, 2023 in the amount of $46M.

  • $10M$50M

    Fairmatic's revenue is in the range of $10M$50M

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