Location World
Telematics and connected car platform powering usage-based auto insurance across Latin America
Overview
Location World is a telematics and connected car platform provider for insurers and fleet operators across Latin America, delivering usage-based auto insurance (UBI) programs through its CarSync solution.
The company operates SaaS and PaaS telematics infrastructure that processes more than 360 million daily location transactions, combining GPS and IoT connectivity with fleet management, connected car services, and data analytics. CarSync (solution.carsync.com) is Location World's dedicated insurance offering, providing telematic risk models that insurers use to build UBI products for automotive customers.
Founded in 2004 and headquartered in Quito, Ecuador, Location World operates across nine Latin American countries, including Colombia, Peru, Argentina, Brazil, and Mexico, and serves more than 6,500 corporate customers. The company is bootstrapped and has a two-decade operating history that includes serving as General Motors' ChevyStar telematics partner and as Waze's exclusive Latin America operator from 2010 to 2013.
Products & Services
CarSync
Connected car telematics platform enabling usage-based insurance (UBI) programs for insurers and automotive stakeholders across Latin America. CarSync provides telematic risk models and is Location World's flagship insurance-focused product.
Key Features
- Telematics-based risk scoring for UBI pricing
- Real-time vehicle connectivity and location data
- Integration with insurer and automotive ecosystem partners
Target Users: Auto insurers, MGAs, and automotive stakeholders offering usage-based coverage
Fleet Management Solutions
Vehicle fleet tracking and management tools built on Location World's telematics and IoT infrastructure, used by enterprises and fleet operators to monitor and manage vehicle assets.
Target Users: Fleet operators, logistics companies, enterprises
Connected Car Services
IoT infrastructure and vehicle connectivity platform integrating location, fleet, and automotive ecosystem data across the region.
Target Users: Automotive dealers, telcos, insurers, and financial providers
Big Data & Analytics
Data analytics services that extract business intelligence from telematics data collected across Location World's connected vehicle network.
Target Users: Insurers, fleet operators, and ecosystem partners
At a Glance
- Founded
- 2004
- Headquarters
- Quito, Ecuador
- Employees
- 51-200
- Funding
- Bootstrapped
Category & Focus
- Category
- Data & Analytics
- Subcategories
- Telematics Usage-Based Insurance (UBI) Connected Car / IoT Fleet Management
- Insurance Verticals
- P&C Personal P&C Commercial
- Target Customers
- Carriers, Consumers
Customers
- Avis
- Claro
- Movistar
- ABInBev
- Prosegur
- Mavesa
- Hino
Links
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Last updated: 2026-08-07