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Zendrive
Data-driven mobility insights for insurance providers
- 101-200 employees
- B2B
- Insurance
- Mobility
- Data Analysis
- Downtown, Sacramento, CA
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Company mission
Zendrive's mission is to make mobility safer through data and analytics.
Our take
Calculating the risk of a driver is essential in offering customers realistic insurance pricing, but understanding the risk of every individual is difficult. Whilst past insurance claims and demographics such as new drivers will always be considered, there is far more driving data that could be collected to provide more actionable mobility risk signals.
Zendrive provides data-driven mobility insights for insurance providers, data which is provided by using the smartphones of drivers as a sensor to recognize safe or dangerous driving. The app provides personalized coaching to drivers to help them earn discounts on their insurance, and collected data can be used to provide fairer insurance, shorten claim cycles, and reduce claim expenses.
Whilst some startups are already providing driving safety analytics for commercial fleets, Zendrive has recognized that a similar solution must be provided to make insurance pricing fairer to consumers. By recognizing safe driving, collisions, and other driving data insights, the company claims it can reduce insurance costs for safe drivers, identify risky drivers, and make the roads safer through its training functionality.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Home office budget - We want you to invest in your work environment. You will get a decent home office expense reimbursement when you join
- Well-being - Your health and well-being always come first. You will have comprehensive health, dental, and vision plans and a generous family leave policy
- Flexible vacation policy - We understand that everyone needs to unwind. You will be encouraged to take time off regularly
- Connectivity allowance - We understand that remote work requires reliable connectivity. You will have a monthly allowance for internet and phone bill
- Equity offerings - We want our employees to be invested in our success. We offer generous equity grants to our employees
- Fitness benefits - We encourage our employees to stay fit and healthy. You will get a monthly fitness or massage allowance
- Entertainment subscriptions - Want to listen to audiobooks or your favorite tunes? You will get a monthly allowance for subscriptions
- L&D resources - We want to see our employees grow. You will have a generous L&D budget
- Transparency & collaboration - We believe in being transparent and collaborative. We have bi-weekly all-hands meetings and remote lunch meetings where everyone is welcome to ask questions or raise concerns
Company values
- Massive problems - We’re excited by challenges that touch billions of people and are inspired by insights from huge, complex data sets
- Customer focus - Our success comes from delighting our customers and building solutions they need to transcend their business to the next level
- Zen of innovation - We’re curious and inquisitive. We are constantly looking for new ways to solve complex problems
- True grit - We never give up. Even in the most difficult of times, we push our limits and persevere in realizing our vision
- Moral compass - We are mission-driven and stand firmly and proudly behind every action we take
- Data centricity - We keep biases at bay by letting the data guide us. We make well-informed decisions based on credible data
Funding (last 2 of 4 rounds)
Aug 2019
$37m
SERIES B
Feb 2016
$13.5m
SERIES A
Total funding: $57m
This company has top investors
Leadership
Pankaj Risbood
(CEO)Senior Software Engineer and Tech Lead Manager for Google from 2006 to 2011. Experience as Director of Walmart's Social Media Analytics Charter.
Diversity, Equity & Inclusion at Zendrive
- When we say Zendrive is an Equal Opportunity Employer, we are not just adding a legal addendum. Of course, we do not discriminate on the basis of race, color, religion or beliefs, national origin, gender identity and/or expression, sexual orientation, age, marital status, veteran status, or disability, but we believe that is quite a low bar. In fact, we celebrate our differences as our strength and actively work to build an inclusive environment for all. If we can do anything to improve your application and interview process, please let us know!