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Fairmatic raises USD 42M to redefine commercial auto insurance with data and AI - Vimarsana News

Fairmatic raises USD 42M to redefine commercial auto insurance with data and AI

New York [US]/ Bangalore (Karnataka) [India]/ Tel Aviv [Israel], September 1 (ANI/PRNewswire): Insurtech 2.0 company Fairmatic today destealths a unique offering that pioneers an unconventional approach to fleet insurance -- focused on enabling savings for safer fleets and improving road safety for all. Fairmatic is led by an all-star team including former Allstate President Jamie Trish, as its President of Insurance, and Jonathan Matus, former Android and Facebook mobile executive, as its CEO. Fairmatic also announced a USD 42 million Series A funding round led by Foundation Capital. "Fa...