SafeMode
Active

SafeMode offers behavior-based software to help fleet managers monitor and reward drivers for safe and eco-driving.

Automotive Behavioral Economics Connected Vehicle
Computer Vision Deep Learning

Business Overview

DESCRIPTION

SafeMode is poised to be a category leader in the $70B driver engagement market. Its unique technology is based on behavioral modification research it’s co-founder conducted at MIT Media Lab.

SafeMode offers behavior-based software to help fleet managers monitor and reward drivers for safe and eco-driving.
Current solutions (telematics, cameras) overwhelm managers with unactionable data, SafeMode shifts the focus to the drivers. With a driver-first solution that engages and incentivizes drivers to drive better, it a win-win situation- managers improve profitability, drivers have the interest to drive better.

FOUNDED
February 2017
EMPLOYEES
9
BUSINESS MODEL
B2B
OFFERING TYPE
Software
FUNDING STAGE
Pre-Seed
BUSINESS STAGE
Launched
TOTAL FUNDING
$1.2 Million
SECTORS
Automotive Behavioral Economics Connected Vehicle Driver Behavior Fleet Management Insurance Logistics Mobility Transport and Logistics

Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

AI Technology Stack

AI DESCRIPTION

The SafeMode solution tackles the root causes behind 95 percent of road accidents. From smartphone usage to fatigue and intoxication, SafeMode solves the human factor behind the bulk of accident. Based on innovative technology from the AI and Big Data domains and using techniques from behavioral economics we can not only enhance the company’s value but also bring value and a positive experience to drivers.

AI APPLICATION
Vertical AI
AI TYPES
Computer Vision Deep Learning