Zendrive- A Startup That Ensures Safe Journey
What are the worst possible scenarios while you are travelling in a cab? Rash driving, accidents, poor maintenance of the vehicle and the list goes on. What happens when all these travel issues get solved under one umbrella? Yes, we are talking about Zendrive, a startup that makes smartphone sensors to detect problems related to driving.
What Does Zendrivedo Do?
Zendrive gives an overall idea about the journey experience to the customers. It ensures safety by marking each driver based on their driving behavior and efficiency. Zendrivedetects collisions, rash driving, distracted driving, and more. They have built software that can capture these data. It’s machine-learning algorithms convert sensor data into safety insights and information about driving behavior. Apart from this, Zendrive also takes up the initiative to help the drivers by providing coaching, and also by giving immediate assistance and support during the time of accidents.
Zendrive has raised 135 million dollars in Series A funding led by Sherpa Capital. The company has an efficient revenue system. The company will focus the funds on developing the software and technology. Zendrive aims to use the funding to make clear distinctions between them and the competitors. It makes revenue by charging the customers and also the drivers. Customers can use it for free up to five drivers, pay 4 dollars between five and 99 drivers, and request for quote above 99. Similarly companies that have large fleets of vehicles on road will have to pay the licensing fees to get into the pool of Zendrive.