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.
73 employees · est. 2015 · London, United Kingdom
Flock is the older company (2019 vs 2015).
4 signals in the last 90 days
Side-by-Side Comparison
| Metric | Fairmatic | Flock |
|---|---|---|
| Founded | ||
| Founded | 2019 | 2015 older |
| Headquarters | ||
| Headquarters | New York, United States | London, United Kingdom |
| Employees | ||
| Employees | 137 | 73 |
| 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 Technology, Fleet Insurance, Telematics Data, Safety Rewards, Cost Savings, Responsible Driving, Underwriting Model, Commercial Auto Insurance, Road Safety, Insurtech, Proactive Safety Management, Actionable Insights, Data-driven Decisions, Risk Assessment, Tech-enabled Insurance | Connected Insurance, Telematics, Fleet Management, Autonomous Vehicles, Insurtech, Electric Vehicle Insurance, Commercial Fleet Insurance, Self-drive Hire, Courier Services, Vehicle Leasing, Fraud Detection, Driver Safety |
| 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...
We will tell you when either one moves
BounceWatch watches Fairmatic and Flock for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Fairmatic and Flock — by email.
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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.