NOT DISCLOSED, California
| Asking Price |
$0 |
Year Established |
2018 |
|
| Annual Revenue |
$400,000 |
Reason for Selling |
The Road Intelligence Platform opportunity is pretty massive and requires a significant infrastructure, resources and market access to fully monetize. Hence having a well capitalized strategic partner is necessary to make this a reality. Their Dashcam business is already generating revenues, and the product – while continually improving – is solidly positioned & differentiated; what is needed is the sales infrastructure to leverage the market opportunity. |
|
| Annual P/L |
$0 |
Attention |
Rick Carlson |
|
| Annual Cash Flow |
$0 |
Listing Number |
988207 |
|
| # of Employees |
4 |
Business Category |
Technology: Software |
|
Business Overview:
The Company is the #1 safety solution for the gig economy, serving rideshare, fleet operators, NEMTs, and driving schools with AI-powered cloud-connected dashcams. As a market leader in a $5B industry, the Company has established a competitive business through its hardware and SaaS-based revenue model, providing a host of innovative features like automated incident detection, driver coaching, and real-time risk mitigation. The Company is also working to monetize the vast amounts of road data it collects, positioning itself at the intersection of safety, AI, and real-time mobility intelligence.
Leveraging millions of real-time road images, The Company is building a Road Intelligence Platform to address a $50B+ market opportunity that integrates AI-powered road intelligence into sectors like insurance, public safety, city planning, and logistics. Road Intelligence Platform aggregates real-time road data from multiple sources, leverages state-of-art AI automation and offer predictive insights at scale. With its first-to-market potential, support from Google & appropriate investment, the Road Intelligence Platform is strongly positioned competitively to create AI agents addressing problems hitherto infeasible or disrupt existing solutions.
In a market filled with numerous generic dashcams, The Company has significantly differentiated itself with its solution orientation, AI driven features, cloud connectivity and real-time monitoring, leading to be rated #1 for rideshare. It is strongly positioned – achieving product-market fit – and is ready to scale its market penetration.
The Company’s Road Intelligence Platform is pioneering a holistic approach to leverage the data gleaned from roads in real-time, and employing AI curate & create AI Agentic solutions that can solve problems in a variety of markets. To date, we have not seen a complete solution like the Road Intelligence Platform, only partial solutions.
The Company is actively seeking to scale its industry-leading safety solutions and accelerate the Road Intelligence Platform’s growth into the dominant road-intelligence platform.
NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Property Features and Assets:
<p>Most of their employees work out of their Milpitas facility.<br></p>
Market Competition and Expansion:
<p>Competition: Some but the Company beats them in head to head comparison.<br><br>Growth & Expansion: The Dashcam safety solution has been commercialized – and generating revenues (year/year growth of ~ 100%) and product-market fit established. They are looking to scale and increase its market share in the $5B market, and move to adjunct markets (like cameras for teen & senior drivers – a substantial opportunity) as well as outside the US.<br><br>The Road Intelligence Platform currently is being developed and addressing limited use cases in specific segments. More AI agentic solutions will be built out in Insurance & Public Safety and other markets.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity