|Industry||Vehicle Telematics, Driver risk management, Fleet safety, Fleet video recorder, Driver safety programs, Fuel management, Vehicle tracking|
|Headquarters||San Diego, California, USA|
|Steve Mitgang (CEO)
Jason Palmer (President)
SmartDrive Systems, Inc. is a driver safety and fuel management company located in San Diego, California. The company uses video and driver data to improve efficiency, safety and driver readiness for commercial vehicles including trucks and trains.
In June 2012, the company announced media executive Steve Mitgang as their new CEO.
In October 2013, SmartDrive announced it would begin capturing data from third party safety systems, including systems from Bendix, now part of Knorr-Bremse, Mobileye, and Meritor WABCO, an alliance formed by automobile component manufacturer Meritor and commercial vehicle system manufacturer WABCO.
In 2014, the company announced a partnership with Meritor WABCO to roll out a performance management system called Proview. Also in 2014, the company partnered with ProSight Specialty Insurance on a program called SecureFleet, where Prosight helped its customers pay for SmartDrive’s data and video event recording system and driver coaching program.
In September 2016, development partner Transdev North America announced they were deploying SmartDrive Rail on the Cincinnati Bell Connector streetcar fleet, which is managed by the Southwest Ohio Regional Transit Authority.
In October 2016, the company introduced SmartDrive SmartIQ, a data analysis tool that allows fleet operators to study and reward safe driving behavior.
By March 2017, the company had grown to 594 people worldwide.
SmartDrive provides video analysis, predictive analytics and performance programs to help drivers in commercial fleets improve their driving skills and lower operating costs. The company also collects and stores almost 200 million analyzed risky-driving events which it uses to advise its customers.
The company's SmartChoice video systems have external and internal facing cameras, with video offload and review capabilities, with options for synchronizing a driver's performance with events outside the cab. The systems include:
- SmartDrive Shield - a single road-facing camera, with video offload and review capabilities
- SmartDrive Defender - a two-camera system, one facing the road and one facing the driver
- SmartDrive Assurance - a system of up to four cameras, for a 360-degree view of the vehicle, and rear facing options to allow monitoring of unloading
GPS systems also allow fleet owners to track vehicles and any potential erratic movement that might indicate anything out of the ordinary, such as sudden stops. By combining video and GPS, fleet managers can identify, assess and correct risky driving behaviors of the driver before they lead to a collision.
The company's Transportation Intelligence services team develops data analysis tools including SmartDrive SmartIQ, a data analysis tool that allows fleet operators to analyze driver performance by type, identifying safe driving patterns.
The company also offers a fuel management solution that measures speeding to help to improve fleet performance and fuel efficiency. Its Fuel Economy mobile app shows drivers key metrics and mileage trends, and allows them to see what events might have affected their mileage.
SmartDrive Rail is a version of the company's safety system designed for trains. The system captures collisions and other unexpected events on video and by measuring system parameters, allows investigators to identify safety issues that could lead to future accidents. The video and risk parameters can be accessed for training purposes.
In December 2009, the company announced a fifth round funding of $25 million.
In June 2012, the company announced $47 million in new venture funding led by existing investors Oak Investment Partners and New Enterprises Associates, as well as new investor Stanford University.
In March 2015, the company announced its largest funding round to date, a $50 million round led by earlier investors as well as product partner WABCO. Two other earlier funding rounds totaling $12.2 million brought total company funding to $180.2 million.
- Vehicle telematics
- Vehicle tracking system
- Fuel management system
- Information and communications technology
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- "SmartDrive Gets $46M in Venture Funding". San Diego Business Journal. 2007-11-19. Retrieved 2017-03-22.
- "SmartDrive Systems Raises $25 Million". pehub.com. 2009-12-16. Retrieved 2017-03-22.
- "SmartDrive Systems profile". Crunchbase. Retrieved 2017-03-22.