# Fairmatic

**Source:** https://www.startuphub.ai/startups/fairmatic
**Profile type:** Startup

> Data-driven fleet insurance that rewards safety with savings using AI and telematics.

## About

LEEO, powered by Fairmatic, is a commercial auto insurance Managing General Agent (MGA) that transforms the industry with smarter underwriting. Leveraging telematics and risk intelligence, LEEO helps brokers win more business by offering accelerated quote, rate, and bind experiences, competitive pricing, and measurable value through insights and rewards for safe driving. They provide trusted coverage backed by AM Best A-rated carriers, with efficient claims processes and reliable support for fleets.

## Key facts

- **Slug:** fairmatic
- **Website:** https://leeoinsurance.com
- **Location:** New York, United States
- **Founded:** 2022-03-01 00:00:00
- **Employees:** 16
- **Operating status:** Active
- **Total funding:** $88M
- **Sectors / tags:** Insurance, Automotive, Fleet, InsurTech, Fleet Management, AI-Driven Parametric Insurance, Telematics, Commercial Insurance, Risk Management, Data Analytics
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/fairmatic/

## Frequently asked

### What does Fairmatic do?

LEEO, powered by Fairmatic, is a commercial auto insurance Managing General Agent (MGA) that transforms the industry with smarter underwriting. Leveraging telematics and risk intelligence, LEEO helps brokers win more business by offering accelerated quote, rate, and bind experiences, competitive pricing, and measurable value through insights and rewards for safe driving. They provide trusted coverage backed by AM Best A-rated carriers, with efficient claims processes and reliable support for fle…

### What is Fairmatic's revenue?

StartupHub estimates Fairmatic's annual revenue at $8.7M (range $4.6M to $12.9M, 65% confidence), based on comparable companies in the sector.

### What is Fairmatic's valuation?

StartupHub estimates Fairmatic's effective valuation at $354.8M (range $220.0M to $528.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Fairmatic raised?

Fairmatic has raised a total of $88M in funding. The most recent round on record is Series B.

### Where is Fairmatic headquartered?

Fairmatic is headquartered in New York, United States.

### When was Fairmatic founded?

Fairmatic was founded in 2022.

### What industry does Fairmatic operate in?

Fairmatic operates in Insurance, Automotive, Fleet, InsurTech, Fleet Management, AI-Driven Parametric Insurance.

### How many employees does Fairmatic have?

Fairmatic has approximately 16 people on record.

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