Nextbase is a leading player in the connected car technology sector, focusing on safety, security, and smart innovations to enhance people's journeys and lives. With a staggering 850% increase in Dash Cam sales over the last four years, Nextbase has established itself as the dominant brand in the smart Dash Cam market, securing over 80% market share by volume in the UK and significant shares in the USA, CA, AUS, and Europe.
Besides offering recording capabilities, Nextbase's range of smart Dash Cams provides benefits for companies managing vehicle fleets, including saving on motor insurance, expediting insurance claims, reducing the risk of vehicle theft, and monitoring driver performance. These devices have also been shown to improve driver safety, boosting telematics scores by around 34% and alleviating driver anxiety through comprehensive trip documentation.
Enhanced with features such as Alexa Voice Control, what3words geolocation service, and Emergency SOS functionality, Nextbase's smart Dash Cams have garnered widespread acclaim, including accolades from highly regarded publications and organizations. The company received a £10.00M Series A investment from Sandton Capital Partners on 13 July 2020.
Founded in 1999 and headquartered in the United Kingdom, Nextbase's success and alignment with the rapidly growing consumer tech trend positions it as a compelling investment opportunity in the consumer electronics and insurtech space.