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ThingCo logo — Intelligent Connected Insurance Solutions Connected Car an...

ThingCo

Intelligent Connected Insurance Solutions Connected Car and Telematics Reducing Risk and Providing Customer Value

Founded 2018 United Kingdom London, United Kingdom 22 employees Total: $3.00M AI, Insurance +3

General Information

Company Name ThingCo
Founded Year 2018
Location United Kingdom London, United Kingdom
Employees 22
Industries AI, Insurance, IoT +2
Business Model Platform, B2B2C, SaaS
Revenue Model Subscription, Usage Based, Tiered Pricing
Social

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AI Insight

Bounce Watch AI
4 weeks ago

ThingCo recently secured an undisclosed funding round in August 2023, signaling continued investor confidence in its next-generation telematics platform. Furthermore, the company is strategically enhancing its market presence and B2B outreach by partnering with I Love Claims as a corporate sponsor for the 2026 Motor Claims Conference, indicating a proactive approach to industry engagement and potential customer acquisition.

Signal Types
Funding Partnership Industry Engagement
Strategic Labels
Growth Capital Strategic Partnership Market Visibility
Next Move: Expansion
·
Impact: 7/10
·
Ideal For: Insurtech VCs — Growth Stage

About ThingCo

ThingCo is a UK-based startup founded in 2018 by Mike Brockman. The company focuses on developing Next Generation Telematics using the latest technology. ThingCo has revolutionized b2b and b2c products and services to address the weaknesses in the current market through a deep understanding of insurance and telematics.

ThingCo's state-of-the-art, fully encrypted, telematics platform is built using the latest Amazon Web Services IoT serverless technology. The company's devices take telematics to the next level by deploying AI driven voice in-car real-time, empowering users with cutting-edge technology. Last but not the least, ThingCo's services are fully tailored to individual needs, offering a personalized touch.

The most recent investment in ThingCo took place on 11 August 2023 and was led by Prefcap. The company operates in the AI, Insurance, IoT, Car insurance, and Automotive industries, reflecting its wide-reaching presence in various technological and consumer sectors.

Business keywords: Telematics, Next Generation Technology, AI-driven, Amazon Web Services, B2C, Voice Recognition, Real-time Monitoring, Customization, Startup, Investment, Technology Innovation

Services & Products

Telematics Data Collection
AI-driven In-car Real-time Assistance
B2B and B2C Telematics Solutions
Tailored Telematics Services

Target Customers

Insurance Companies Automotive Industry

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Funding Round Undisclosed 1
Prefcap
Prefcap
11 Aug 2023
Venture Round £3.00M 1
BHL Holdings
06 Jan 2021

ThingCo Alternatives & Competitors

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FAQ About ThingCo

Intelligent Connected Insurance Solutions Connected Car and Telematics Reducing Risk and Providing Customer Value
ThingCo was founded in 2018.
ThingCo is headquartered in London, United Kingdom.
ThingCo operates in AI, Insurance, IoT, Car insurance and Automotive. Its work centres on Telematics, Next Generation Technology, AI-driven and Amazon Web Services. Its customers include Insurance Companies and Automotive Industry.
ThingCo has a Platform, B2B2C and SaaS business model. Its revenue comes from Subscription, Usage Based and Tiered Pricing.
ThingCo has approximately 22 employees.
ThingCo has completed 2 funding rounds, raising a total of $3.00M.
ThingCo offers: Telematics Data Collection, AI-driven In-car Real-time Assistance, B2B and B2C Telematics Solutions, Tailored Telematics Services.
Top alternatives and competitors to ThingCo include Softvan Pvt Ltd, abaut GmbH, WISESIGHT, Roborzoid, PATEO博泰车联网. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ThingCo and Softvan Pvt Ltd 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 ThingCo, https://bouncewatch.com/company/thingco, updated 29 September 2026. When citing, please name BounceWatch and link this page.

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