Monday, August 3, 2015

Driveway Software Finds $10M For Insurance Telematics

San Francisco-based Driveway Software, which is developing smartphone-based telematics software aimed at helping insurers better rate drivers, has raised $10M in a funding round. The funding came from Ervington Investments, the investment firm that represents Russian businessman Roman Abramovich. Driveway is led by Igor Katsman. Driveway's software runs on iOS or Android, and lets insurers track the driving habits of customers--and reward those customers for safe driving habits. More information »