ThingCo
Financials
Estimates*
USD | 2020 | 2021 | 2023 |
---|---|---|---|
Revenues | <1m | 1.3m | 1.1m |
% growth | - | 184 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
£3.0m | Seed | ||
N/A | - | ||
Total Funding | CAD5.4m |
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Recent News about ThingCo
EditThingCo, founded by Mike Brockman in January 2018, is an insurtech company specializing in next-generation telematics. Utilizing the latest Amazon Web Services IoT serverless technology, ThingCo has developed a state-of-the-art, fully encrypted telematics platform. This platform collects and analyzes vast amounts of vehicle data, providing real-time insights and AI-driven voice assistance in cars. ThingCo primarily serves insurance companies and automotive businesses, offering tailored solutions to enhance value creation for partners and their customers. The company operates in the telematics and insurtech markets, focusing on leveraging advanced technology to improve vehicle safety, efficiency, and data accuracy. ThingCo generates revenue through partnerships and service agreements with insurance firms and automotive companies, who utilize their telematics solutions to gain deeper insights into driver behavior and vehicle performance.
Keywords: insurtech, telematics, AI-driven, AWS IoT, vehicle data, real-time insights, encrypted platform, insurance, automotive, voice technology.