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SafeMode
AI-powered platform for commercial driver incentive programs
About SafeMode
SafeMode provides a driver-success platform that utilizes behavioral science and AI to enhance driver safety and retention for commercial fleets. The company was founded in Tel Aviv, Israel, in 2015 by Ido Levy and Itche Levy. The inspiration for the company came after a friend's mother was killed by a distracted truck driver, motivating Ido Levy to find a way to change driver behavior.
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The company's core product is a software platform that integrates with existing fleet management and telematics systems, such as those from Samsara. It collects data on driver performance, including safety, fuel efficiency, and compliance, and combines it with contextual information like weather and traffic. This data is used to create a fair and objective scoring system for drivers. The platform features a gamified mobile application for drivers, where they can track their performance, receive insights, and earn daily financial rewards and incentives based on their success. For managers, the system provides analytics and reports to monitor driver improvement and the overall return on investment of incentive programs.
SafeMode's business model targets commercial transportation companies, including trucking and bus fleets, as well as insurance companies and Amazon Delivery Service Partners (DSPs). The service aims to align the interests of drivers with their employers by rewarding safe and efficient driving, which in turn helps to reduce accidents, lower fuel consumption, and decrease high driver turnover rates. Case studies have shown that using the platform can lead to significant reductions in critical safety violations. The company has received funding through multiple rounds, including from investors like Alchemist Accelerator and IMPACT Accelerator.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Francisco, United States
- Employees
- 30
- Open positions
- None listed
- Dealroom signal
- 84.8/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Automotive, Mobility, Fleet Management, Data Analytics, Predictive Analytics, Car Insurance
- Technology
- Artificial Intelligence, Big Data, Computer Vision, Autonomous & Sensor Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Mar 2022 | $170K | $680K | Undisclosed | — |
| SEED✓Equity / VC | Sep 2020 | $170K | $680K | Undisclosed | — |
Growth signals
Latest recorded traffic for SafeMode is 2.6K monthly website visits, up 23.8% over the last three months. SafeMode's team declined 30.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Other known investors3 additional known investors
EIT Urban Mobility
Capsula Smart Mobility
IMPACT Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SafeMode on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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