Last deal

Amount

Venture - Series Unknown

Stage

01.01.2010

Date

2

all rounds

date founded

Financing round

General

About Company
Octo Telematics develops telematics applications and systems for the insurance and automotive markets.

Industry

Sector :

Subsector :

founded date

01.01.2002

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company, founded in 2002 and headquartered in Rome, offers advanced data analytics software and telematic services for the automotive, government, and insurance sectors. Its software and technological capabilities enable insurers to price risk, manage and pay claims, and maximize customer relationships. With over 5.5 million connected users and the largest database of vehicle telematics data in the world, OCTO is a leading provider of telematic services and advanced data analytics for the insurance sector, and increasingly one of the leading companies offering solutions for Fleet Telematics and Smart Mobility.
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Sector

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Subsector

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M&A Details
1

Transaction name

Acquired by

Renova Group

announced date

05.02.2014

price

$548.12M
Local Amount - EUR 405M

Financials

Funding Rounds
2
2

Number of Funding Rounds

Their latest funding was raised on 01.01.2010. Their latest investor Charme Capital Partners. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.01.2010
3
01.01.2009
1
Co-Investors
Investors
4
0

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Venture - Series Unknown
No
Venture - Series Unknown
Charme Capital Partners

Charme Capital Partners

Charme Capital Partners is a European private equity fund that invests in mid-market businesses across Europe.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Milan, Metropolitan City of Milan, Italy

count Of Investments

19

count Of Exists

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Amadeus Capital Partners

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Sector

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Subsector

Asset Managers and Custodians

Keywords

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Location

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Keensight Capital

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Keensight Capital is a private equity and venture capital firm specializing in investments in various sectors, primarily in Europe.

Sector

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Subsector

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Location

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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 

DriveAbility acquired by Octo Telematics

acquirer

Octo Telematics
Octo Telematics

date

11.10.2017

type

Acquisition

DriveAbility

Willis Towers Watson is a global advisory and broking company.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Keywords

InsurTech, Advice, Insurance

People

Founders
1
Fabio Sbianchi
Fabio Sbianchi

Fabio Sbianchi

count Of Investments

1

Fabio Sbianchi

Employee Profiles
44

Deke Phillips

Senior vice president - americas

William Grand

William Grand

Digital R+D Director of Mobile

Daniele Tortora

Driveability - head of consulting and advisory

Vincent Bonnet

Vincent Bonnet

Chief Commercial Officer, SVP, International Sales & Strategic Partnership

Gaetano Cannatella

Gaetano Cannatella

Mobile programmer

Ofer Raz

Ofer Raz

VP Product Portfolio & Digital

Kimberly Lacerte

Technical writer

Jami Rocha

Associate program manager

Activity

Recent News
2
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range