Fairmatic vs Flock
Fairmatic
AI-powered fleet insurance rewarding safety with savings
137 employees · est. 2019 · New York, United States
Flock
Insurance for commercial fleets. On a mission to make the world quantifiably safer
84 employees · est. 2015 · London, United Kingdom
Flock is the older company (2019 vs 2015).
Side-by-Side Comparison
| Metric | Fairmatic | Flock |
|---|---|---|
| Founded | ||
| Founded | 2019 | 2015 older |
| Headquarters | ||
| Headquarters | New York, United States | London, United Kingdom |
| Employees | ||
| Employees | 137 | 84 |
| Industry | ||
| Industry | AI, Financial Services, Insurance | AI, Big Data, Fintech |
| Funding Stage | ||
| Funding Stage | Series B | Series B |
| Total Funding | ||
| Total Funding | $88.00M | $56.17M |
| Funding Rounds | ||
| Funding Rounds | 4 | 12 |
| Services | ||
| Services | Data-driven Fleet Insurance, Safety Score Optimization, Digital Incident Reporting, AI-Powered Risk Platform, Seamless Claims Process | Tailored insurance solutions for a wide range of fleet types, promoting safety and efficiency through data-driven pricing and risk management. |
| Target Customers | ||
| Target Customers | Fleet Owners, Brokers, Commercial Vehicle Operations, Insurance Partners | Providing comprehensive support and innovative insurance solutions to promote safer driving, reduce costs, and enhance fleet performance., Leveraging data-driven pricing, risk management, and safety incentives to reduce insurance costs and enhance fleet safety and performance., Offering a range of innovative insurance solutions and digital tools to streamline policy management and safety insights for their clients. |
| Taxonomy | ||
| Taxonomy | AI-powered TechnologyFleet InsuranceTelematics DataSafety RewardsCost SavingsResponsible Driving +9 | Connected InsuranceTelematicsFleet ManagementAutonomous VehiclesInsurtechElectric Vehicle Insurance +6 |
| Website | ||
| Website | fairmatic.com | flockcover.com |
About Fairmatic
Fairmatic, founded in 2019 by serial technologist Jonathan Matus, is at the forefront of transforming the commercial insurance landscape. With its innovative AI-powered fleet insurance, Fairmatic creates a new category that rewards safety with cost savings. This disruptive model uses AI technology a...
About Flock
Flock is a UK-based startup founded in 2015, operating at the intersection of AI, Big Data, Fintech, Insurance, Insurtech, Logistics, and Autonomous and Sensor Tech. Positioned as a trailblazer in the Automotive industry, Flock aims to make the world quantifiably safer by providing tailored insuranc...
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Compiled from the BounceWatch company index. We last looked at Fairmatic on 11 Jul 2025, and Flock on 12 Jun 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.