Nauto

Overview
Activities
News
Smart Mobility Information?
Auto Tech?
Product stageSegments
Growth
?
Road Safety alert
?

Nauto provides an AI-powered driver and fleet safety platform. The platform applies computer vision and proprietary algorithms to its AI-enabled dual-facing dash camera. This monitors driver behavior and vehicle surroundings to predict high-risk events and send real-time in-vehicle alerts (IVA) to prevent pedestrian collisions, speeding and intersection violations, and distracted driving. In November 2019, the firm introduced self-coaching tools for drivers to improve distracted driving and manager-led coaching modules for commercial fleet managers. The firm claimed its tools had helped reduce distraction events by more than 35% on average. The firm claimed to be the only AI-enabled platform that impacted driver behavior in real-time, which it claimed has led to the avoidance of 70,000+ collisions, resulting in a ~USD 300 million savings.

In November 2021, Nauto introduced a driver drowsiness detector system that monitors real-time multiple drowsiness indicators such as yawning, blink rate, drooping shoulders, etc. which will trigger in-vehicle alert (IVA) systems when a certain threshold is reached.

Key customers and partnerships

As of February 2022, Nauto’s platform was used by 800+ brands including Allegiant, Flexibus, Sprint, Edge, Phillips.

Funding and financials

In June 2023, Nauto secured a strategic investment from Stellantis Ventures, the venture capital arm of automaker Stellantis, to extend its safety benefits to more light commercial vehicles and, eventually, to consumer vehicles. The firm has also attracted investor interest from automakers like General Motor Ventures, Toyota AI Ventures, and BMW iVentures. It is believed that the firm's data can be leveraged for the development of self-driving cars in the future.

HQ location:
1259 Reamwood Avenue Sunnyvale CA USA
Founded year:
2015
Employees:
101-250
IPO status:
Private
Total funding:
USD 173.9 mn
Last Funding:
-
Last valuation:
-
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