San Francisco based commercial auto insurtech startup raised $46m in new funding led by Battery Ventures.
“Having spent about a decade of my career at Google and Facebook, I quickly noticed the negative externalities of the technology I actively helped become widespread. The path to Fairmatic’s inception was created out of a need to de-risk one of the worst externalities of this powerful technology: the increase in distracted phone use while driving and subsequent loss of lives on the road.”
https://techcrunch.com/2023/03/16/fairmatic-raises-46m-to-bring-ai-to-commercial-auto-insurance/