Tourmo
3655 Nobel Drive, Suite 660, San Diego, CA, 92122, United States
Overview
Tourmaline Labs is a San Diego-based artificial intelligence company led by CEO Marc Brungger that analyzes mobility data, such as speed and other sensor data, to provide smartphone-based solutions for large enterprise fleets. It delivers its product via a pure SaaS model that permits integration and management of third-party vehicles and operators. The company intends to use the funds to build its sales and account management team and to scale up its proprietary technology. Tourmaline serves large enterprise fleets through smartphone-based sensor analytics. The article does not disclose revenue, users, or other operating metrics. Tourmaline Labs builds software that collects mobility and transportation data from drivers' cellphones, eliminating the need for vehicle-installed telematics hardware. The team includes aerospace engineers, AI specialists, and advanced embedded software engineers who have instrumented more than 250,000 drivers across 150 countries. The company targets applications in insurance, fleet management, ridesharing, and workforce management. Leadership change to a commercial-focused CEO signals a push to scale sales and commercialization. Founders Sven Beerweiler and Lukas Kuhn remain involved, with Beerweiler transitioning to a business development role. The company was founded in 2015.
- Total raised
- $3M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Oct 2018
Industries
- Artificial Intelligence (AI)
- Automotive
- Big Data
- Business Intelligence
- Enterprise Applications
- Information Technology
- Machine Learning
- Real Time
Recent funding
Equity
Oct 2018
$2M
Seed
Sep 2017
$1M