DriveQuant

Smartphone telematics SDK and platform for connected insurance and mobility programs

Data & Analytics Growth Acquired

Overview

DriveQuant is a telematics solutions provider for insurers and mobility companies, offering smartphone-based driving data collection and analysis to power usage-based insurance (UBI) and behavior-based insurance (BBI) programs. Founded in 2017 as a spinout of IFP Energies Nouvelles (IFPEN), a French public research institute, the company serves a B2B market of carriers, fleet operators, and mobility players across more than 15 countries.

The company's core product is the DriveKit SDK, a mobile software development kit that integrates into insurer-branded apps to collect driving behavior data via smartphone sensors -- without requiring additional hardware. The platform uses patented physics-based models combined with machine learning to derive 200+ driving indicators per trip, including safety, distraction, and eco-driving scores. Data is exposed via RESTful APIs, enabling insurer back-end systems to consume trip-level data for pricing and customer engagement.

DriveQuant has supported 60+ telematics programs since its founding. In 2020, it was acquired by FairConnect, a connected insurance services provider backed by Palamon Capital Partners, in a transaction supported by an investment of up to EUR 5 million over three years. The combined entity operates in France, Switzerland, Italy, Brazil, and Denmark, serving insurer customers including MAIF, Covea, LB Forsikring, and Justos.

Products & Services

DriveKit SDK

A mobile software development kit that transforms any mobile application into a telematics data collection tool. Integrates with smartphone accelerometers and gyroscopes to detect trips automatically and collect driving data without OBD hardware.

Key Features

Automatic trip detection and transportation mode recognition (car, bicycle, bus, train)
200+ driving indicators captured per trip
Compatible with traditional OBD telematics and connected vehicle data sources
Privacy-first architecture with configurable data retention and user notifications
RESTful documented APIs for integration with insurer back-end systems

Target Users: Insurers building branded telematics apps; fleet operators

Driving Scores

Three standard scores delivered after every trip, plus an optional speed limit compliance score.

Key Features

Safety Score: measures harsh acceleration, hard braking, and adherence limits
Distraction Score: detects smartphone manipulation and phone calls during vehicle motion
Eco-Driving Score: calculates energy efficiency ratio per trip
Scores contextualized using weather, road type, and vehicle characteristics

Target Users: Insurers, fleet operators, mobility companies

Crash Detection

Automatic accident detection capability that identifies collisions from smartphone sensor data and alerts insurer support centers.

Key Features

Alert delivery in under 20 seconds of detected crash event
Designed to accelerate FNOL and claims processing
Improves emergency response coordination for policyholders

Target Users: P&C insurers managing motor claims

DriveQuant App (White Label)

A customizable white-label mobile application for road safety and connected insurance programs.

Key Features

Deployable under insurer's own brand
Eco-driving coaching and gamification elements
Connected services dashboard for policyholders and fleet operators
Trip history and driver performance metrics

Target Users: Insurers deploying policyholder engagement programs

At a Glance

Founded: 2017
Headquarters: Paris, France
Employees: 11-50
Funding: Acquired

Category & Focus

Category: Data & Analytics
Subcategories: Telematics Usage-Based Insurance Driving Behavior Scoring Crash Detection
Insurance Verticals: P&C Personal P&C Commercial
Target Customers: Carriers, MGAs/MGUs

Customers

MAIF / Altima Assurances (France) -- pay-as-you-drive and pay-per-kilometre programs
Covea (MAAF and GMF brands, France) -- young driver road safety program "DriveMeUp"
LB Forsikring (Denmark) -- road safety program "Bilist+"
Justos (Brazil) -- pay-how-you-drive program
Roole (France) -- eco-driving and mobility services
YEET-Assurances -- high-risk driver behavioral insurance program
TotalEnergies -- customer of telematics services