Zubie provides end-to-end connected-car technology that delivers real-time information about vehicles and drivers to help businesses manage and optimize fleets. The company closed an additional round of funding in 2019; the amount and instrument were undisclosed. Backers mentioned in the article included BP and Melody Capital. Zubie intends to use the capital to fund growth in the Fleet sector and to launch new products addressing additional verticals with its connected-car solutions. Led by CEO Gary Tucker, the company emphasizes telematics data insights and fleet optimization. In conjunction with the funding, Paget L. Alves and Dennis Huber joined Zubie’s board, bringing a combined 50+ years of telecommunications experience and added financial, operational, marketing, product development and IT expertise. Zubie is a connected-car platform and telematics provider serving enterprises, small businesses and consumers. The company connects cars to the internet to deliver real-time location, trip history, maintenance alerts, engine diagnostics and driving insights to smartphones. Zubie also offers the ZinC Open API platform, which allows developers and partners to create apps leveraging its platform and vehicle data. Formed in 2012 and led by CEO Tim Kelly, Zubie is based in Charleston, South Carolina. The company secured $6M in venture funding and intends to use the proceeds to expand into the enterprise market, enhance its API platforms, and grow operations and staff. Zubie offers a car and driver management platform that delivers trip and vehicle analytics via its AlwaysSmart™ proprietary technology. The company provides remote services that monitor driving behavior and engine health to generate safety and cost recommendations. Zubie products are sold online through Zubie.com, Amazon, Best Buy and Newegg. Led by CEO Tim Kelly, the company intends to use new funding to further develop its car and driver management system. Zubie is described as Charleston, SC–based and maintains operational offices in the Minneapolis area. The company recently completed a new funding round that supports its product development plans. Zubie offers a connected-car service built around a cellular OBD device called the Zubie Key and cloud-based AlwaysSmart™ technology that is always on and always connected. The service captures vehicle and driving data—car diagnostics, driving behavior reports, family safety location alerts—and provides travel coordination tools, and is iPhone- and Android-compatible. Zubie sells through Amazon, BestBuy, its own storefront, telesales and enterprise channels. The company plans to integrate enterprise partners in insurance, automotive services and advertising into the user experience via its SmartOffer™ technology, allowing customers to share data in exchange for services and discounts. Aggregated trip, driver and car data is a stated asset for partners and underpins Zubie’s commercial strategy. The company announced a $10 million Series A to support continued product and go-to-market expansion. Zubie makes the Zubie Key, a $100 gadget that plugs into a car’s OBD port and uses a T-Mobile-powered cellular connection to relay diagnostics and trip data to smartphones. The device reports location, trip history, potentially troublesome events (hard braking, rapid acceleration, first night drive) and produces a driving score based on 30 metrics. Zubie also sends alerts when a car needs repairs and says its service will get smarter with use. Buyers receive one year of wireless service included with the device and can pay $100 per year thereafter. The company was incubated by Best Buy and is led by CEO Tim Kelly; an Android app is planned and Zubie is developing repair intelligence, data-offer monetization, and theft/tow monitoring. Zubie launched nationwide after completing its funding round and has raised $8 million in its first round.

Total raised

$32M

Funding rounds

5

Latest round

Equity

Latest activity

May 2016