CAMBRIDGE MOBILE TELEMATICS
AI-powered telematics platform that makes the world's roads and drivers safer
Overview
Cambridge Mobile Telematics (CMT) is a leading telematics and AI-driven road safety company founded in 2010 by MIT professors and experienced entrepreneurs. The company's mission is to make the world's roads and drivers safer through advanced sensor data processing and artificial intelligence applied to driver behavior.
CMT operates the DriveWell platform -- a comprehensive telematics suite used by major insurance carriers, fleet operators, public sector agencies, and mobility companies worldwide. With over 450 employees and a presence spanning North America, Europe, and the Middle East, CMT has established itself as a dominant player in usage-based insurance (UBI), connected claims, and AI-driven road safety.
In March 2026, CMT secured a USD 350M strategic investment led by TPG and Allianz X with participation from State Farm, bringing total funding to over USD 850M. The company powers more than 140 insurance programs and has analytics data from 55M+ drivers globally.
Products & Services
DriveWell Platform
Core telematics and driving risk assessment platform with multiple specialized modules for insurance and mobility use cases.
Key Features
- DriveWell Risk: Real-time measurement of driving behavior using smartphone sensors and advanced AI, providing personalized risk scoring and feedback
- DriveWell Crash & Claims: Automated accident detection, emergency response coordination, and claims processing integration
- DriveWell Engage: Personalized driver coaching that reduces distracted driving by approximately 20%
- DriveWell Fleet: Fleet management solution for commercial vehicle operators (launched January 2026)
- DriveWell Fusion: Advanced AI fusion model recognized by Fast Company as a World Changing Idea
Target Users: Insurance carriers running UBI programs, fleet operators, mobility companies
StreetVision
AI platform for road safety leaders and public sector partners, launched September 2025. The first AI road-safety platform that identifies road risk, makes roads safer, and measures countermeasure impact with advanced analytics.
Key Features
- Road risk identification and prediction
- Countermeasure impact measurement
- Advanced safety analytics for public sector decision-makers
Target Users: Public sector road safety agencies, municipal governments, transportation departments
DriveWell Atlas
Foundation model for mobility intelligence, enabling broader AI applications across the mobility and insurance ecosystem.
Key Features
- Large-scale mobility data foundation model
- Enables AI-powered downstream applications
- Supports new use cases in connected insurance and mobility
Target Users: Insurance carriers, mobility companies, technology partners building on CMT data
At a Glance
- Founded
- 2010
- Headquarters
- Cambridge, MA, USA
- Employees
- 201-500
- Funding
- Series C+
Category & Focus
- Category
- Data & Analytics
- Subcategories
- Telematics Usage-Based Insurance (UBI) Road Safety AI Connected Claims Fleet Telematics
- Insurance Verticals
- P&C Personal P&C Commercial
- Target Customers
- Carriers, Fleet Operators, MGAs
Customers
- State Farm (also a strategic investor)
- Progressive
- Farmers Insurance
- Nationwide
- Travelers
- American Family
- Intact Financial
- Discovery Insurance
- Admiral
- Desjardins
- AXA
- HUK-Coburg
- Hastings Direct
- Uber
- Verizon
- AARP
Links
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Last updated: 2026-04-09