Datadrive (private company)

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Offices:Reykjavik
Business model:B2B

Datadrive helps car owners lower costs, lower emissions, and operate more efficiently. They currently offer two products – one for car rentals, and another for other businesses.

The car rental solution tracks that car’s location through GPS – both for the safety of the passengers, and the car rental, to see if the car has gone through forbidden areas. It is connected to the car’s computer and measures its status, as well as creating a WiFi hotspot for the passengers. Their business product tracks and analyses the car fleet and efficiency. Datadrive supplies a mobile app and webapp to view the data.

Since finishing Startup Reykjavik, the company launched both its current products, and is working on their third, which will be consumer focused and launches later this year.

Datadrive received an undisclosed amount in funding from Klappir in 2016 The next steps are getting more customers, building their business case and finding partnerships in Europe. They aim to enter the European market in 2018.

Investors: we tracked 1 investor

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