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CMT Europe logo — Making mobility safer and more sustainable

CMT Europe

Making mobility safer and more sustainable

Founded 2010 Croatia (hrvatska) Croatia (hrvatska) 5 employees Series A Total: $3.54M Big Data, Insurance +5

General Information

Company Name CMT Europe
Founded Year 2010
Location Croatia (hrvatska) Croatia (hrvatska)
Employees 5
Industries Big Data, Insurance, IoT +4
Funding Stage Series A
Business Model SaaS, Platform, B2B2C
Revenue Model Subscription, Tiered Pricing, Usage Based
Social

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About CMT Europe

CMT Europe, founded in 2010, is the world's largest telematics service provider, emphasizing on making mobility both safer and more sustainable. With its AI-driven platform, DriveWell, the company integrates sensor data from millions of IoT devices — including smartphones and proprietary Tags — to provide a comprehensive analysis of vehicle and driver behavior.

Serving a diverse range of sectors, from personal and commercial auto insurance to smart cities and financial services, CMT offers valuable insights crucial for risk assessment, safety, claims handling, and driver improvement programs. Headquartered in Croatia, the company maintains a strong presence through regional centers in major cities like Budapest, Chennai, and Seattle, in addition to satellite offices across Europe.

CMT Europe secured a €3.00M Series A investment on May 11, 2020, led by investor Lead Ventures. The company is positioned at the intersection of Big Data, Insurance, IoT, Mobile, SaaS, and Marketing, presenting a compelling investment opportunity for those eyeing the future of smart mobility solutions.

Taxonomy: Telematics Service Provider, AI-driven Platform, Vehicle and Driver Behaviour, IoT Devices, Insurance Industry, Risk Assessment, Driver Improvement Programs, Customer Engagement, Digital Insurance Channel, Usage-Based Insurance, Connected Insurance, Distracted Driving, Connected Fleets, Insurtech

Services & Products

AI-powered telematics platform
Real-time driving risk assessment
Crash detection
Universal Driving Score
Data-driven insurance offerings
Personalized driver coaching
Emergency crash assistance
Claims process streamlining

Target Customers

Insurance companies Commercial fleets Public sector agencies Drivers Vehicle manufacturers (OEMs) Mobility partners

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €3.00M 1
Lead Ventures
Lead Ventures
11 May 2020
Seed Round $500.00K 3
Speedinvest Beenext Capital SGH Capital
Speedinvest, Beenext Capital +1
29 Jun 2016
Pre Seed Round $36.00K 1
Alchemist Accelerator
Alchemist Accelerator
01 Nov 2015

Latest News

View All
Lead Ventures launches €100M fund for CEE startups — Tech
Lead Ventures launches €100M fund for CEE startups
Tech Jul 23, 2024

CMT Europe Alternatives & Competitors

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CMT Europe vs
Ticker
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CMT Europe vs
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CMT Europe vs
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FAQ About CMT Europe

Making mobility safer and more sustainable
CMT Europe was founded in 2010.
CMT Europe is headquartered in Croatia (hrvatska).
CMT Europe operates in Big Data, Insurance, IoT, Mobile, SaaS, Marketing and Car insurance. Its work centres on Telematics Service Provider, AI-driven Platform, Vehicle and Driver Behaviour and IoT Devices. Its customers include Insurance companies, Commercial fleets and Public sector agencies.
CMT Europe has a SaaS, Platform and B2B2C business model. Its revenue comes from Subscription, Tiered Pricing and Usage Based.
CMT Europe has approximately 5 employees.
CMT Europe has completed 3 funding rounds, raising a total of $3.54M. The latest funding stage is Series A.
CMT Europe offers: AI-powered telematics platform, Real-time driving risk assessment, Crash detection, Universal Driving Score, Data-driven insurance offerings, Personalized driver coaching, Emergency crash assistance, Claims process streamlining, Driver safety feedback and incentives.
Top alternatives and competitors to CMT Europe include Ticker, Xiaona Technology, Jooycar, Rooster, Sureify. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CMT Europe and Ticker are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CMT Europe, https://bouncewatch.com/company/amodo, updated 30 April 2026. When citing, please name BounceWatch and link this page.

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