Paydrive offers a new kind of car insurance where you pay as you drive.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Stockholm
State: Stockholms Lan
Zip:
Country: Sweden
Paydrive is a Stockholm, Sweden-based company that provides a digital insurance product for drivers that is customized to the way of driving. It provides Paydrive Pay-As-You-Drive car insurance. The company aims to challenge the traditional insurance models and create smarter solutions adapted for a modern, digital world, with the insurance premium based on people&s;s driving habits. The Paydrive customers install a device in their car, in order to have the associated risk factors and miles registered, and thus directly impacting the price of the insurance premium.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2018 | Venture Round | 1 | $1.8M |
Gjensidige Gjensidige |
11/2016 | Venture Round | 1 | $671.3k |
NFT Ventures NFT Ventures |
11/2017 | Venture Round | 2 | $3.6M |
Gjensidige NFT Ventures Gjensidige NFT Ventures |
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