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Driven Telematics

Driver Behavior Data for Insurance Carriers
SaaS Model · Version 1.0 · Katy, TX
Like Credit Score, Driven Telematics has established my DrivingScore™, allowing consumers to unlock insurance carriers and other businesses best pricing based on merit.
Elevator Pitch
Auto Insurance rates are skyrocketing for consumers while insurance carriers are desperately trying to become profitable. Driver behavior telematics has proven to be a profitable solution; however, insurance carriers can not get consumers to adopt this technology due to privacy concerns, inability to take data to other carriers and mistrust of industry. Driven Telematics has created my DrivingScore™ that allows consumers to establish and own their own driver behavior scores and allows them to share this data with insurance carriers, thus unlocking businesses best prices while staying in control of their own data.
Startup Journey
Our group collectively has over 50+ years of insurance experience on the agency/brokerage side. We saw that carriers were starting in telematics about a decade ago, but quickly realized that the value was not equal in the consumer experience. So we created Driven Telematics to bring the ownership of telematics to the consumer, thus allowing brokerages to work on behalf of their consumers and furthering the trust gap that exists in the space.
Founder(s)
Jamey Smith
Founder of Driven Telematics
  • 15+ Years of Insurance & Tech
  • 4 Exits in Last 3 Years
Revenue Forecast (USD)
2028 Revenue

$525m

5 Year CAGR

534%

YOY Growth - 2028

107%

2028 Year-End Rev. Run Rate

$600.4m

Earnings Forecast (USD)
2028 EBITDA

$175.4m

2028 EBITDA Margin

33%

2028 Gross Profit

$261.4m

2028 Gross Margin

50%

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