Cambridge Mobile Telematics operates a vertically integrated telematics platform that applies AI to driving data from smartphones, IoT devices, and connected vehicles to detect crashes, assess risk, and score driver behavior. Its DriveWell Atlas AI models and Universal Driving Score are central products used to provide real-time crash detection and personalized feedback. The company supplies technology for major programs such as State Farm’s Drive Safe & Save and has customer relationships with insurers including State Farm and Allianz. CMT reports its platform has helped prevent an estimated 100,000 crashes across 25 countries. With the new strategic funding and commercial agreements with Allianz Group entities, CMT plans to scale its global road safety platform and accelerate adoption of its scoring and AI models. The company is led by co-founder and CEO William V. Powers and is based in Cambridge, MA.

Total raised

$850M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2026