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Fairmatic

AI-powered fleet insurance

Fairmatic logo
21-100 employees
  • Fintech
  • B2B
  • Transport
  • Insurance
Civic Center, New York, NY

Company mission

To make roads safer, one fleet at a time.

Top investors

69% employee growth in 12 months

Our take

Fairmatic is an AI-powered commercial auto insurance company creating a new insurance category through its data-driven approach that rewards safety with savings. By leveraging AI-powered technology, Fairmatic is providing an easy way for drivers to monitor and improve their driving, in order to make the roads a safer place.

Through this new approach to insurance, Fairmatic is unlocking a better understanding of risk, ensuring fleets are only evaluated based on factors that are within their control. Diverging from traditional insurance models, which rely on historical data, Fairmatic is incentivizing fleets for safer driving and not penalizing them for unavoidable actions.,

There is a great opportunity to reframe the insurance industry and this is something Fairmatic is taking on. Through successfully scaling the business and gaining funding from investors, Fairmatic is in a prime position to further strengthen its position as a leader in AI innovation.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Pension contribution
  • Employee Health Insurance Program
  • Mobile and Broad Band allowance
  • Unlimited Holidays
  • Private Health Care
  • Entertainment allowance
  • Wellbeing allowance

Company values

  • Sit in the driver seat: We plan out the trip and own the drive. We do what it takes to get to the finish line.
  • Get your motor running: We prioritize what matters most. We take initiative and make change happen. Velocity and focus set us apart.
  • Be ready to off-road: We are building things that have never been built before. We lean in when the drive gets bumpy. We do everything to make it a smooth ride for our partners.
  • Open the hood: We’re curious and question the status quo. We measure everything and decide based on data.
  • Enjoy the ride: We know great companions make all the difference and we’re only 1% of the way there. Kindness and positivity are non negotiable.

Funding (2 rounds)

Mar 2023

$46m

SERIES B

Aug 2022

$42m

SERIES A

Total funding: $88m

This company has top investors

Leadership

Previously founded Zendrive where they served as the CEO. Also worked in multiple marketing roles at Google and Facebook.

Job (1)

All locations

Sales & Account Management