What CARVI does

CARVI (legally CARVI Co., Ltd., d/b/a CARVI) is a San Francisco-based insurtech and AI-vision company that provides a vision-based Advanced Driver Assistance System (ADAS) and a behavior-based insurance (BBI) platform. The company's core offering centers on a proprietary 'Wow! Algorithm' and an AI Image Recognition Engine that collect driver behavior data through in-vehicle cameras and sensors, calculate driving scores, and predict future accident probability and damage amounts. Its product portfolio is organized into B2B solutions (CARVI T device for insurers, mobility operators, and fleets; CARVI M-WiFi fleet management device with smoking and drunk-driving detection), B2C products (CARVI M mobile app for individual drivers; CARVI Autopilot ADAS dashcam sold via Amazon), and analytics modules (Future Accident Prediction Reports, Driving Behavior Contextual Data Platform, Accident Reconstruction, and automated FNOL).

CARVI monetizes through a combination of subscription-based B2B platform licensing to insurance companies (priced per insured driver using CARVI's BBI technology), one-time hardware sales (CARVI T, M-WiFi, Autopilot), and consumer app subscriptions. GTM motion is primarily enterprise field sales targeting car insurance, mobility, and fleet buyers, supplemented by self-serve B2C app distribution and Amazon e-commerce for the consumer dashcam. Customer segments include car insurance companies seeking to reduce loss ratios via behavior-based pricing, mobility and fleet operators needing driver monitoring, individual drivers pursuing ADAS safety features and personalized premiums, and motorcycle riders (announced upcoming segment).

Total disclosed funding is approximately $20M across two rounds ($3.5M in 2016 led by Samsung Ventures; $16.5M in 2020 led by IMM Private Equity and TIGRIS investment). In March 2026, the company announced a proposed business combination with SPAC Crown Reserve Acquisition Corp. I at an implied ~$1.0B enterprise value, with Thunder Rock Capital LLC as exclusive financial advisor; the transaction remains subject to shareholder and regulatory approval. Headcount is 11–50 employees. No revenue, ARR, or paying customer counts are publicly disclosed. Geographic footprint is anchored in the US with early LATAM (El Salvador) recognition in 2025.

Name

CARVI

Legal name

CARVI Co., Ltd.

Website

https://getcarvi.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

CARVI is a San Francisco-based insurtech company that combines vision-based ADAS with an AI-powered driving behavior analytics platform to enable behavior-based insurance pricing, accident prediction, and automated FNOL for insurers, fleets, and individual drivers.

Ownership category

akta.pro rank

Product category

Insurtech Software

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motor Vehicle Parts Manufacturing (3363)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Video Telematics, ADAS & AI Dashcams (TLAEAFAG)

akta.pro secondary industries

Driver Behavior Scoring & Coaching Platforms (TLAEANAB), Driver Behavior, Safety Scoring & Usage-Based Telematics (TLAEAFAF), Autonomous Driving & ADAS Perception (HDAAAEAI)

Keywords

• Behavior-based insurance
• Driver behavior analytics
• AI accident prediction
• Telematics ADAS platform
• Insurtech software

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations

Revenue model

1. BBI (Behavior Based Insurance) Platform: CARVI provides its behavior-based insurance technology platform to insurance companies, enabling them to offer usage-based and behavior-based insurance products. Revenue is generated through platform licensing and per-driver subscription fees based on the number of insured drivers using CARVI's technology.
2. Hardware Sales (CARVI T, CARVI M-WiFi, CARVI Autopilot): Sale of physical devices and hardware including the CARVI T (B2B telematics device), CARVI M-WiFi (consumer WiFi-enabled device), and CARVI Autopilot (ADAS dashcam). Hardware is sold as one-time purchase or bundled with subscription services.
3. B2C Mobile App (CARVI M): Consumer-facing mobile application providing ADAS alerts, driving behavior monitoring, and accident report services. Revenue model likely includes subscription fees for premium features.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

CARVI provides an AI-driven automotive Insurtech platform centered on its proprietary "Wow! Algorithm" and AI Image Recognition Engine. It predicts future car accident probability, categorizes drivers by risk, delivers vision-based ADAS alerts, and enables behavior-based insurance pricing, automated FNOL, accident reconstruction and digital damage assessment for insurers, fleets and individual drivers. The portfolio combines software (CARVI M app, B2B platform) with hardware devices (CARVI T, CARVI M-WiFi, CARVI Autopilot).

Product overview

CARVI is an Insurtech platform providing AI-driven automotive safety and insurance technology solutions. The portfolio is organized around the proprietary 'Wow! Algorithm' and AI Image Recognition Engine, which together power accident prediction, driver behavior analysis, and digital claims handling. The B2B offering consists of CARVI T (device-based solution for insurers, fleets, and mobility operators), CARVI M-WiFi (WiFi-enabled fleet management device), and the Accident Platform (accident reconstruction and FNOL). The B2C offering is CARVI M (mobile app for individual drivers) and CARVI Autopilot (consumer ADAS hardware sold via Amazon). Upcoming motorcycle safety solutions will expand the platform to two-wheelers.

Differentiator

Problem solved

Functional benefit

Brands

• CARVI T: B2B solution package for car insurance companies and fleet operators
• CARVI M
• CARVI M-WiFi
• CARVI Autopilot
• Wow! Algorithm

Products and services

• CARVI T

Quantifiable outcome

• Dramatically reduces car insurance loss ratio
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Partnerships

One partnership is on record.

• AmazonminorChannel Partner/ Reseller/ DistributorCARVI Autopilot, an ADAS dashcam product, is available for purchase on Amazon.com, enabling CARVI to reach individual consumer buyers through Amazon's marketplace distribution.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cambridge Mobile Telematics: CMT is the leading behavior-based insurance telematics platform, scoring drivers via smartphone sensors and providing UBI programs to major insurers. It is directly comparable to CARVI on the BBI/insurance scoring side and a more established leader in the same category.
• Lytx: Lytx is a video telematics and driver-behavior platform combining dashcams with AI-powered driver scoring for fleets and insurers. It is closely comparable to CARVI across video telematics, ADAS alerts (FCWS/LDWS), and driver risk scoring.
• Netradyne: Netradyne's Driver•i platform uses AI dashcams with edge computing to deliver ADAS alerts and driver behavior scoring for fleets. It directly competes with CARVI T, CARVI Autopilot, and the Wow! Algorithm on AI vision-based driver analytics.
• SmartDrive (now part of Omnitracs): SmartDrive delivers video-based safety and driver-behavior analytics to commercial fleets, including ADAS-style event detection and scoring. It is directly comparable to CARVI's fleet video-telematics proposition.

Broad incumbents

• Samsara: Samsara is a broad IoT fleet management incumbent offering dashcams, telematics, and AI-driven safety features. It overlaps with CARVI's fleet and ADAS offerings but serves a much larger enterprise customer base with broader operational coverage.
• Mobileye: Mobileye is the dominant ADAS perception stack provider for OEMs, supplying computer vision and lane/collision detection technology across the auto industry. Its EyeQ chips compete conceptually with CARVI's AI Image Recognition Engine, though Mobileye targets OEMs rather than insurers/fleets.
• Geotab: Geotab is a leading fleet telematics platform with extensive driver behavior analytics and insurance integrations. It is comparable to CARVI's CARVI T / CARVI M-WiFi fleet offerings but serves fleets at significantly greater scale.
• Progressive (Snapshot UBI program): Progressive's Snapshot is one of the largest usage-based insurance programs globally, collecting driving behavior data to price auto policies. It is a buyer/competitor in CARVI's behavior-based insurance market.
• Verizon Connect: Verizon Connect offers fleet telematics, video, and driver behavior solutions as part of a broader connected-vehicle portfolio. It is comparable to CARVI's fleet offering but with materially greater scale and channel reach.

Others

• Cox Automotive / Manheim (Insurance telematics adjacencies): Cox Automotive operates adjacencies in auto data, claims, and remarketing that intersect with CARVI's accident reconstruction and FNOL capabilities. It is thematically comparable through auto-insurance data ecosystems rather than direct product overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/carvi-inc.
• Xx.com/getcarvi
• Facebookfacebook.com/GetCarvi

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CARVI