Today we’re taking the next step in improving driving for everyone through better data and analytics. We’re excited to announce our first service, ZenFleets, and new investment from BMW i Ventures, Bill Ford’s VC firm Fontinalis Partners, Expansion VC and First Round Capital.
“When I co-founded Fontinalis with my partners in 2009, we committed to investing in entrepreneurial companies that were driving incredible innovation in next-generation mobility,” adds William Clay Ford, Jr. (“Bill Ford”), a Founding Partner of Fontinalis Partners. “It was clear then and certainly is clear now that improving access to data and analytics through new technologies will be vital in transforming the mobility ecosystem.”
The On Demand economy is changing consumer behavior around the world. ZenFleets helps fast-growing Uber-for-X companies– including rideshare, carshare and last-mile delivery companies– scale safely and efficiently through driver-centric analytics.
“We’ve been long time believers in the On Demand and sharing economy and have made several well-known investments in the space,” says Bill Trenchard, partner, First Round Capital. “Ridesharing and other On Demand services are becoming so widespread and complex that we need analytics layers like Zendrive to enable the next level of innovation and efficiency.”
ZenFleets is our first offering, a SaaS bundle developed for the On Demand driving economy to deliver fleet insights. Because these fleets typically do not own the cars – drivers change fleets frequently and often work for more than one fleet – we get driving data from smartphones instead of using a bulky hardware solution. This makes ZenFleets fast to integrate and easy to scale.
We interpret data from phone sensors, as well as other contextual data, to determine the driver’s caution, control and focus while on the road. Unlike traditional hardware-based solutions, we focus on the driver instead of the car. Since 90% of accidents come from human error, and 30% come from cell phone use while driving, we focus on what really matters.
Once a fleet integrates the Zendrive SDK into their own app, we analyze each driver’s behavior and surfaces insights through a simple but powerful dashboard. With this new capability to gather insights about driver behaviors, both individually and across a fleet, a number of On Demand customers and technology partners are using ZenFleets to improve safety and efficiency of their drivers. These include rideshare companies, valet parking and other service providers including RedCap, HopSkipDrive, Dashride, and more.
“Safety is embedded in everything we do and we’re constantly looking for the best ways to make our rides the safest in the industry,” says Joanna McFarland, founder of HopSkipDrive, a ridesharing company that transports children. “Using Zendrive helps us deliver on our promise to our parents to get their kids where they need to go safely and reliably.“
“As a service whose drivers drive other people’s cars, our customers put a great deal of trust in us and want to know that we are properly caring for their vehicles,” said David Zwick, co-founder of RedCap, an on-demand chauffeur service. “By integrating Zendrive’s technology, we will have much greater visibility into what’s happening on the road during every RedCap trip.”
Are you building the next Uber-for-X and wish you could focus on your product and on growth?
Let us help. Get started with ZenFleets today!
–Jonathan Matus, CEO