Avinew

Avinew, Inc. develops artificial intelligence and telematics-based software solutions specifically for the insurance industry. Founded in 2016 and headquartered in Westlake Village, California, the company focuses on providing auto insurance services tailored for autonomous and semi-autonomous vehicles. Avinew's offerings include usage-based insurance programs that leverage driving data, artificial intelligence, and machine learning to assess premium discount eligibility. By utilizing these advanced technologies, Avinew aims to enhance road safety while delivering value to vehicle drivers and fleet operators. The company was previously known as DRIAV, Inc. and rebranded to Avinew, Inc. in January 2019.

Dan Peate

Co-Founder and CEO

1 past transactions

BetterDrive

Acquisition in 2019
BetterDrive is a company focused on enhancing road safety through its innovative autonomous vehicle software. This software utilizes advanced accident risk algorithms to assess the likelihood of accidents by analyzing various factors, including route, time of day, traffic patterns, and weather conditions. By providing drivers with less risky alternative routes, BetterDrive aims to minimize the probability of accidents, thereby contributing to safer mobility solutions. The company's technology is designed to improve driving experiences and promote responsible driving practices.
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