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YourMechanic is transforming the auto repair industry by delivering car care to car owners at their home or office in the top 50 largest U.S. metropolitan areas. Mobile mechanics provide over 600 repair, maintenance, and diagnostic services at a fair and transparent price. New in 2017, YourMechanic is releasing a full suite of business-to-business products that offer innovative solutions to business partners at every point in the aftermarket car care lifecycle. The company has earned recognition from top organizations, and has won TechCrunch Disrupt SF (2012), Women in Auto Care`s Best Business-to-Consumer Website (2016), and Automobility LA`s Top Ten Automotive Startup (2016). YourMechanic holds an A+ rating from the Better Business Bureau and maintains an average Yelp rating of 4.8 stars. YourMechanic was founded in 2012 and is the first nationwide provider of mobile mechanics to car owners. Headquartered in Mountain View, California, YourMechanic is funded by SoftBank Capital, Andreessen Horowitz, Y Combinator, Ashton Kutcher, Data Point Capital, and others.
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Cambridge Mobile Telematics (CMT) pioneered telematics for usage-based and behavior-based programs making roads and drivers safer around the world. Founded in 2010 by two MIT professors, CMTs accomplished team of expert scientists and experienced entrepreneurs developed DriveWell, an advanced mobile-sensing and big data platform delivering an end-to-end smartphone telematics solution. DriveWell provides valuable feedback to users, helping them to improve driving performance and become more aware of unsafe behaviors. DriveWell is the first telematics platform in the industry to provide both traditional vehicle-centric, usage-based-insurance (UBI) and driver-centric, behavior-based insurance (BBI) solutions. Through the DriveWell program, CMTs partners can easily measure mileage, time of day, roadways and risky driving behaviors - giving them a complete picture of every trip and allowing them to segment high-risk vs low-risk customers easily. CMT has a proven track record of changing driver behavior: an average reduction of 35% in phone distraction, 20% in hard braking, and 20% in at-risk speeding all within 30 days of using the program. With DriveWell, users become safer drivers, resulting in fewer crashes and less-costly claims. The average user sustains a 25% reduction in phone usage even after 200 days, and some CMTs insurance partners report as much as 47% reduction in total claims costs, based on studies of more than 100,000 drivers.
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