Cambridge Mobile Telematics

Cambridge Mobile Telematics (CMT) is a global leader in telematics and AI-driven solutions dedicated to making roads and drivers safer. The company's core offering, the DriveWell® Platform, leverages sensor data from various sources, including smartphones, proprietary tags, connected vehicles, and dashcams, combined with advanced artificial intelligence to provide real-time driving risk assessment and crash detection. This technology is instrumental in identifying and reducing risky driving behaviors such as distracted driving, hard braking, and speeding, ultimately leading to fewer accidents and injuries worldwide.

Founded in 2010 by MIT professors Hari Balakrishnan and Sam Madden, along with Bill Powers, CMT emerged from the CarTel project at MIT, which focused on mobile sensing systems and inferring insights from sensor data. Building on their academic success, they established CMT to pioneer behavior-based insurance (BBI) and deploy solutions that improve driver safety. The company has since grown to become the world's largest telematics service provider, with its technology helping to prevent over 100,000 crashes globally and protecting millions of drivers across six continents.

CMT partners with a diverse range of clients, including insurance companies, automakers, commercial mobility providers, and public sector entities. Their solutions, such as DriveWell Risk, DriveWell Crash & Claims, and DriveWell Engage, enable partners to measure risk accurately, streamline claims processes, and motivate safer driving through personalized feedback and incentives. In a significant development, CMT recently secured a $350 million strategic investment led by TPG and Allianz X, with participation from State Farm, to accelerate the scaling of its global road safety platform, advance its AI models, and expand the adoption of its Universal Driving Score. This investment, coupled with long-term commercial agreements with Allianz entities, aims to further expand CMT's data-driven insurance and service offerings, particularly in Europe.

The company operates with a privacy-first approach, ensuring that consumers actively choose to participate in CMT-powered programs and can opt out at any time, with a strict policy against selling driving data to third parties. CMT's commitment to innovation is further demonstrated by its development of DriveWell Atlas, a breakthrough foundation model for mobility intelligence, and StreetVision, an AI road safety platform designed to predict and prevent crashes. With headquarters in Cambridge, MA, and additional offices in Budapest, Chennai, Seattle, Tokyo, and Zagreb, CMT continues to expand its global footprint and impact on road safety.