10 New Vehicle Telematics Companies: Enhancing Road Safety & Efficiency

Gain data-driven insights on vehicle telematics, an industry consisting of 4K+ organizations worldwide. We have selected 10 standout innovators from 700+ new vehicle telematics companies, advancing the industry with cloud-based video telematics, iridium-based GPS, fleet inventory management systems, and more.

This article provides an analytical overview of 10 new vehicle telematics companies contributing to this domain through technological integrations and specialized applications. These companies offer solutions, such as cloud-based video telematics for real-time vehicle monitoring, vehicle-based advertising, and fleet inventory management systems, for efficient asset tracking and management. They also improve driver protection through advanced algorithms and real-time data analysis. Each company is making progress in its respective domains, demonstrating the diverse and growing applications of vehicle telematics. This article was last updated 5 days ago. If you find any info is missing, let us know!

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Key Takeaways

Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the vehicle telematics industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:

  • Current Vehicle Telematics Trends: The latest trends in the vehicle telematics industry are AI, advanced driver-assistance systems (ADAS), and integration with smart city infrastructure.
  • Vehicle Telematics Industry Stats: The sector includes 4K+ organizations worldwide. Of these, 700+ new vehicle telematics companies were established in the last five years, with 2020 being the average founding year. On average, each of these companies employs about 12 people. Additionally, the average funding received per round by these companies in the same period is USD 6.4 million.
  • 10 Top Vehicle Telematics Companies to Watch:
    1. Terminal – Telematics Data Integration
    2. Tolivery – Iridium-based GPS
    3. Loopit – Fleet Inventory Management
    4. Warrior Trust Technologies – GPS Vehicle Tracking Software
    5. Shenzhen Sprint Technology – Connected AI Dashcam
    6. Ampcontrol – Telematics-enabled EV Fleet Management
    7. carvaloo – Precise Damage Detection
    8. Eletek – Video Telematics
    9. CleanMob – Smartphone-based Telematics
    10. Techsbook Telematics – Telematics Technicians Management

Discover 10 out of 700+ Emerging Vehicle Telematics Companies

In this section, we highlight 10 top vehicle telematics companies that offer cloud-based video telematics, fleet inventory management, driver protection, and more. These companies integrate advanced algorithms, AI, Internet of Things (IoT) frameworks, and real-time data analysis to improve telematics performance. Continue reading to discover more innovative solutions that these companies provide!

Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.

1. Terminal

  • Founding Year: 2023
  • Employee Range: 2-10
  • Location: Canada
  • Signal Strength: Very Strong
  • What they do: Terminal offers an API to add telematics integrations to apps. It allows telematics service providers (TSPs) to integrate telematics technologies for tracking vehicle locations, reporting unsafe driving behavior, and monitoring driver service hours. It unifies data from various sources and provides insights for optimizing fleet performance. In addition, the company leverages telematics data to enhance insurance products and policies. It also verifies delivery details before payment to reduce fraud risks.

2. Tolivery

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: Sudan
  • Signal Strength: Strong
  • What they do: Tolivery provides Sky Fleet, an iridium-powered GPS solution that simplifies vehicle tracking in limited or no GSM coverage areas. It ensures uninterrupted tracking, reliable communication, and real-time location updates. This allows companies to better manage fleet operations and enhance vehicle security in challenging tracking environments.

3. Loopit

  • Founding Year: 2019
  • Employee Range: 11-50
  • Location: Australia
  • Signal Strength: Very Strong
  • What they do: Loopit develops a platform for integrated vehicle telematics to improve fleet protection and intelligence. It manages inventory and collects distance-traveled information. The platform also offers real-time data on vehicle usage to ensure accurate usage billing and live vehicle monitoring. Loopit’s platform thus simplifies fleet inventory management for businesses.

4. Warrior Trust Technologies

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: India
  • Signal Strength: Strong
  • What they do: Warrior Trust Technologies offers GPS vehicle tracking software. It provides live vehicle tracking and overspeed alerts via SMS, email, or app. Further, the company utilizes fuel sensors and GPS software to monitor fuel expenses, provide reports, and detect diesel theft. Warrior Trust Technologies’ software caters to various vehicles, including trucks, bikes, cars, and buses.

5. Shenzhen Sprint Technology

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: China
  • Signal Strength: Medium
  • What they do: Shenzhen Sprint Technology builds M20, a 4G AI 1080P dual-facing dashcam. It features GPS, WiFi, and 4G connectivity and supports optional 2CH video input, which is expandable to 4CH. The company’s dashcam also incorporates a front impact sensor for collision detection. Further, it has a built-in gravity sensor and a sprinkler alarm for acceleration, rollover, and collision. M20 supports AI-based advanced driver assistance systems (ADAS), driver monitoring systems (DMS), and video telematics.

6. Ampcontrol

  • Founding Year: 2019
  • Employee Range: 11-50
  • Location: USA
  • Signal Strength: Very Strong
  • What they do: Ampcontrol develops an EV telematics fleet management system. It also allows fleet managers to monitor EV fleets and receive instant notifications on unusual vehicle behavior or delays. Moreover, the system provides insights into current and past vehicle locations using GPS data. Its alert system delivers instant error notifications and detailed error analytics. Lastly, the system enables fleet managers to manage multiple depots from a single location, ensure driver coordination, and provide remote support.

7. carvaloo

  • Founding Year: 2020
  • Employee Range: 11-50
  • Location: Germany
  • Signal Strength: Very Strong
  • What they do: carvaloo utilizes acceleration data and AI algorithms to detect vehicle damage. The company’s solution offers real-time damage detection, comprehensive reporting, and a streamlined process from notification to insurance claim. It minimizes reliance on in-vehicle sensors and provides APIs for easy integration. The company also offers motion sensors to collect acceleration data and cloud storage, carvaloo Cloud, to store this data. It identifies minor damages, scratches, misuse, and safety-related incidents and sends instant notifications that allow fleet managers to take prompt action. Further, its web app consolidates vehicle status, damage events, and follow-up processes. carvaloo’s technology benefits car sharing, rental, and logistics services.

8. Eletek

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: UK
  • Signal Strength: Weak
  • What they do: Eletek develops eletekconnected, an AI-powered video telematics solution. Its dashboard enables flexible data visualization, custom reports, and email alerts for speeding or collisions. The real-time and past journey information is easily accessible, which provides a comprehensive understanding of events. Further, the AI detects and notifies serious incidents, whereas, livestream video from any camera ensures secure, efficient monitoring. Eletek’s solution thus benefits industries such as aviation, agriculture, freight, construction, automotive, and more.

9. CleanMob

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: France
  • Signal Strength: Strong
  • What they do: CleanMob offers a smartphone-based telematics solution that leverages AI to convert raw data into actionable insights. This assists companies in optimizing and electrifying vehicle fleets without OBD devices. The company’s algorithms analyze real-world vehicle usage, considering factors such as exposure to low-emission zones and public chargers. Based on this analysis, the solution recommends low-carbon vehicles and charging strategies to facilitate the energy transition. CleanMob benefits business with large vehicle fleets such as logistics and transportation to minimizes financial and operational impacts on total cost of ownership (TCO) while maximizing carbon reduction.

10. Techsbook Telematics

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Medium
  • What they do: Techsbook Telematics develops a telematics technicians management platform. It provides a centralized technician database to streamline scheduling and enable one-call resolutions. In addition, its installation audit tool offers photographic evidence to counter false claims. Techsbook Telematics’ platform also features scheduling, vehicle lists, and accounting to improve resource management.

Quick Tip to Find New Vehicle Telematics Companies

Utilizing a SaaS platform like the Discovery Platform for identifying top vehicle telematics companies provides significant benefits compared to traditional scouting methods:

  • Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying vehicle telematics innovations.
  • Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the vehicle telematics industry. The platform keeps you informed with near real-time updates on emerging vehicle telematics solutions and news, enabling you to make swift and informed decisions.
  • Tailored Exploration: Customize your search to focus on specific niches within the vehicle telematics sector, such as connected AI dashcam, smartphone-based telematics, or iridium-based GPS. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.

Ready to Explore All New Vehicle Telematics Companies?

We’ve explored the dynamic landscape of vehicle telematics, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Automotive Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. Interested in contributing your expertise on startups and tech? We’d love to hear from you.

 

 

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