Founded by Jonathan Matus, a former leader in mobile technology at Google and Facebook, Fairmatic aims to revolutionize commercial auto insurance. The company's mission is to save lives and make roads safer by creating a more transparent and fair insurance model. It utilizes smartphone-based telematics data and artificial intelligence to assess driving risk in real-time, moving away from traditional, often outdated, industry metrics. By focusing on driver behavior, Fairmatic offers fleets significant savings for promoting and maintaining safety, thereby incentivizing safer roads for everyone.

Founded in

United States