Since the invention of the wheel we’ve had no real understanding of how safe drivers are on the road. We’ve made some progress since the middle ages with the introduction of driving tests but that’s still one check in the lifetime of a driver – hardly a long term solution to risk.
Project Nomi provides free hardware and AI, in the form of a dashboard camera, to drivers which analyse how they drive, enabling them to change bad habits and become safer over time. Drivers can trade this data to insurers through our platform – which is transformative to insurance risk-analysis and premium pricing – earning savings of up to 40%.
This team has secured seed funding and has closed their round. The team is working on securing additional funding this year.