Sfara Company Market Research Report
Company Overview
Name: Sfara, Inc.
Mission: To reinvent the way the world stays safe and responds to incidents through smartphone-based solutions.
Founded: No information is available.
Founders: No information is available.
Key People:
- Chief Executive Officer: Erik Goldman
- Former Group President of Verizon Telematics, Inc (VTI).
- Founder, Science & AI: Sascha Simon
- Led the advanced product group for Mercedes-Benz in the USA.
- Global Operations & Call Centers: Chuck McClain
- Built and operated telematics support programs on four continents.
- Marketing, Product Strategy & Sales: Rocco Tricarico
- Managed product strategy for SiriusXM and other CE leaders.
- Technology & Product Engineering: Ari Valtanen
- Over 30 years of technology experience.
Headquarters: 221 River Street, 9th Floor, Hoboken, NJ 07030
Number of Employees: No information is available.
Revenue: No information is available.
What the Company is Known For:
Sfara is renowned for its innovative telematics services that revolutionize global transportation safety using smartphone-based solutions. The company focuses on all-speed crash detection and personal safety services, leveraging their Integrated Suppression Framework to minimize false positives.
Products
Core Services
1. Crash Detection:
- Description: Detects crashes at all speeds with minimal false positives.
- Key Features:
- ZeroMotion™ technology for detecting incidents even when vehicles are not moving.
- False positive suppression techniques.
- Superior data for crash reconstruction.
2. Trip and Driving Data for UBI:
- Description: Collects detailed trip and driving behavior data.
- Key Features:
- Detects hard braking, rapid acceleration, contextual phone handling, and speeding.
- Can be integrated globally and is GDPR compliant.
3. Personal Safety:
- Sfara Triple-Tap™:
- Description: Advanced personal safety solutions offering distinct methods to get help.
- Key Features:
- Triple-Tap the device for a Safety Coordinator call.
- Schedule a Check-in Call.
- Manual SOS by swipe.
Pre-Enabled Solutions
1. Insurance Claims Automation:
- Description: Automation for FNOL and insurance claims processes.
- Key Features:
- Real-time access to mobile data for FNOL.
- Supports accident reconstruction and fraud detection.
2. Emergency Response:
- Description: Provides emergency response capabilities.
- Key Features:
- Available in over 45 countries and 15 languages.
- Expert emergency response with personalized care.
3. Driver Behavior Modification:
- Description: AI-based closed-loop training to improve safe driving.
- Key Features:
- Identifies at-risk driving behaviors.
- Automatically issues training to drivers.
Proprietary Technologies
- All-Speed Crash Detection with ZeroMotion™:
- Detects incidents from zero speed to high speeds.
- Covers driving conditions including under 25mph.
- The only solution in the market to detect the additional 70% of crashes others miss.
Recent Developments
New Products Launched
- Instant Trip Start Feature:
- Announced: June 13, 2024
- Description: Enhances crash detection with driver attribution from the moment the vehicle starts.
- Significance: Addresses 25% of collisions that occur within 180 seconds of starting to drive.
New Features Added
- Upgrade to SDK:
- Announced: December 15, 2023
- Description: Enhancements for unified telematics solutions for insurance carriers.
- New Features:
- Framework-cleansed UBI data.
- All-Speed Crash Detection with ZeroMotion™.
- Emergency response and FNOL functionalities.
New Partnerships
- Sfara and RapidSOS Partnership:
- Announced: July 25, 2023
- Description: Provides crash detection and emergency response services integrated into mobile apps for enterprises.
Conclusion
This report has summarized the essential data about Sfara, Inc., focusing on the company's core services, products, key figures, and recent strategic developments. For further inquiries or more detailed information, contact Sfara directly at their headquarters or via email at press@sfara.com.
