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LightMetrics Raises $8.5 Million from Sequoia Capital for its AI-based Driver Coaching Platform

LightMetrics Raises $8.5 Million from Sequoia Capital for its AI-based Driver Coaching Platform

April 8, 2023

LightMetrics, an AI-based platform for real-time driver coaching and driver safety analytics, has raised $8.5 million in funding from Sequoia Capital. The Bengaluru-based startup provides a cross-platform device software and REST APIs to help its partners create driver safety solutions without relying on dedicated hardware. LightMetrics’ technology is used by original equipment manufacturers (OEMs), tier-1 suppliers, and telematics service providers to improve driver safety for fleets.

The platform uses artificial intelligence and machine learning algorithms to analyze driver behavior in real-time and provide immediate coaching and feedback to help drivers make safer decisions on the road. LightMetrics also provides detailed analytics and reporting on driver performance, helping fleet managers identify areas of improvement and track progress over time.

LightMetrics' technology is particularly relevant in today's world where road safety is a top priority for businesses and governments worldwide. By offering an easy-to-use solution that can be integrated into existing telematics systems, LightMetrics is helping companies improve driver safety and reduce accidents, ultimately saving lives and reducing costs associated with accidents. T

The Leadership team of LightMetrics

he funding from Sequoia Capital will help LightMetrics further develop its technology and expand its reach to new customers and markets. Visit us for more information about their latest funding round: https://founderlodge.com/round/LightMetrics-raises-8500000-Unknown-2023-04-06-Gururaj-Putraya-MTIwMDA

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