Tech Company Financing Transactions
ZenDrive Funding Round
ZenDrive closed a $37 million Series B financing round on 8/21/2019. Investors included XL Innovate, Acme Nova and BMW i Ventures.
Transaction Overview
Company Name
Announced On
8/21/2019
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Series B
Investors
XL Innovate (Lead Investor) (Thomas Hutton)
Proceeds Purpose
With this funding, Zendrive will continue to build out its mobile driving safety solution and grow its team across five continents to deepen its focus on the global insurance market.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Safer Drivers, Safer Roads. Smartphone-powered road safety for cities, fleets, and individuals. We offer a suite of products and services that will help you make your fleet safer and help get you lower insurance rates.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Matus
VP - Engineering
Pankaj Risbood
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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