AMODO
- Company typePrivate
- Founded2014
- HeadquartersZagreb, Croatia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
AMODO firmographics
Firmographics- Name
- AMODO
- Legal name
- Amodo
- Website
- https://amodo.eu
- Company type
- Private
- Founded year
- 2014
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
AMODO industry classification
Industry- Product category
- Insurtech / Usage-Based Insurance Software
- NAICS
- Other Insurance Related Activities (52429), Insurance Agencies and Brokerages (52421)
- SIC
- Services-Computer Integrated Systems Design (7373), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Telematics & Usage-Based Insurance (UBI) Platforms (FSAGAGAF)
- akta.pro secondary industries
- Usage-Based / Telematics Personal Auto Insurance (FSAJAAAB), Pay-Per-Mile Personal Auto Insurance (FSAJAAAC), Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
Keywords
Where AMODO is headquartered
LocationHeadquarters
- HQ city
- Zagreb
- HQ country
- Croatia
- HQ region
- Europe
Offices1 record
Markets served
AMODO business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Platform Licensing: Amodo Connected Insurance Platform licensed to insurers and brokers to create personalized UBI products, enabling strategic insights into customer profiles, segmentation, and profitable customer acquisition
- Connected Insurance Projects: Implementation and launch of telematics programs including try-before-you-buy, pay-as-you-drive, and pay-per-mile models for insurance clients
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
AMODO product offering
Product offeringCore offering
AMODO operated a SaaS Connected Insurance Platform that enabled insurance companies to create and brokers to place personalized usage-based insurance (UBI) products. The platform supported telematics-based programs such as try-before-you-buy, pay-as-you-drive, and pay-per-mile, providing insurers strategic insights into customer profiles, segmentation, and profitable customer acquisition.
Product overview
Amodo is an award-winning European insurtech company that operated as a unified platform offering personalized usage-based insurance (UBI) solutions. The core product, the Amodo Connected Insurance Platform, enabled insurers to create and brokers to place personalized UBI products on the market. Amodo's platform provided strategic insights into customer profiles, segmentation capabilities, and profitable customer acquisition tools. Over nine years, Amodo launched close to 50 connected insurance projects worldwide with leading companies such as AIG, Porsche Versicherungs, Tower Insurance, and P&V. In March 2023, Amodo was acquired by Cambridge Mobile Telematics (CMT), with Amodo adopting the CMT name and its CEO becoming CMT's Managing Director of Europe.
Differentiator
Problem solved
Functional benefit
Products and services
- Amodo Connected Insurance Platform SaaS telematics and usage-based insurance (UBI) platform that enables insurers to create and brokers to place personalized UBI products on the market. Supports programs including try-before-you-buy, pay-as-you-drive, and pay-per-mile, and provides strategic insights into customer profiles, segmentation, and profitable customer acquisition. Built for enterprise insurance companies and insurance brokers.
Quantifiable outcome
- Launched close to 50 connected insurance projects worldwide with leading companies
Companies that use AMODO
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
AMODO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature2 records
AMODO partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Cambridge Mobile Telematics (CMT)coreCambridge Mobile Telematics acquired Amodo in March 2023 to accelerate global expansion and strengthen European presence. The acquisition brought together two telematics companies with large and growing footprints in Europe. Amodo's customers gained access to CMT's advanced telematics solutions for driver risk measurement, crash and claims services, and behavioral modification. Amodo's CEO Marijan Mumdziev became CMT's Managing Director of Europe. Amodo adopted the CMT name post-acquisition.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
AMODO competitors and assessment
Company assessmentDirect peers
- Cambridge Mobile Telematics: World's largest telematics service provider and Amodo's acquirer; operates the DriveWell platform for UBI, crash detection, and driver behavior programs across 95+ deployments in 25 countries — the most direct comparable in smartphone-based telematics for insurers.
- Octo Telematics: European-headquartered telematics and UBI provider serving insurers globally; competes head-to-head with Amodo/CMT in usage-based auto insurance platforms and crash/claims analytics.
- The Floow: UK-based telematics and UBI platform provider focused on European auto insurers; offers smartphone telematics scoring and policyholder engagement tools comparable to Amodo's Connected Insurance Platform.
- IMS (Intelligent Mechatronic Systems): Telematics and UBI solutions provider with strong ties to North American and global insurers; offers driver behavior scoring and usage-based insurance products in the same category as Amodo.
- TrueMotion: Smartphone telematics platform for usage-based insurance, family safe driving, and fleet; competes directly with Amodo on mobile-first UBI scoring and driver behavior data.
Emerging players
- Sentiance: AI-driven behavioral intelligence and telematics platform used by insurers and mobility players; overlaps with Amodo's risk-scoring and driver-behavior capabilities, particularly for European insurers.
- Tractable: AI computer-vision platform for insurance claims and damage assessment; adjacent to Amodo's telematics-driven claims and behavioral modification offerings within the broader insurer-tech stack.
Broad incumbents
- Arity: Allstate-owned telematics and mobility data platform serving major insurers and mobility companies; a larger, established UBI and driving-data player comparable to Amodo at greater scale.
- LexisNexis Risk Solutions (Telematics): Major data and analytics provider whose telematics and driving-behavior solutions are used by insurers for UBI pricing and risk selection; competes with Amodo as part of a broader insurance data portfolio.
- Verizon Connect: Fleet and vehicle telematics business within Verizon, encompassing driver behavior, UBI, and connected vehicle data; a broad incumbent with overlapping telematics offerings for insurers and fleets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
AMODO social profiles
Digital presenceAMODO financial estimates
Financial estimateRevenue estimate
Valuation estimate
AMODO leadership team
Management profileNumber of profiles
AMODO funding detail
Funding detailFunding overview
Funding rounds3 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AMODO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AMODO
What does AMODO do?
AMODO operated a SaaS Connected Insurance Platform that enabled insurance companies to create and brokers to place personalized usage-based insurance (UBI) products. The platform supported telematics-based programs such as try-before-you-buy, pay-as-you-drive, and pay-per-mile, providing insurers strategic insights into customer profiles, segmentation, and profitable customer acquisition.
Is AMODO a public or private company?
AMODO is a private company. It is classified as corporate owned and is currently acquired.
When was AMODO founded?
AMODO was founded in 2014. It employs 11 to 50 people.
Where is AMODO based?
AMODO is headquartered in Zagreb, Croatia, in the Europe region.
How does AMODO make money?
Two revenue lines are on record. Platform Licensing is the primary driver. The others are connected Insurance Projects.
Who are AMODO's main competitors?
Direct peers on record are Cambridge Mobile Telematics, Octo Telematics, The Floow, IMS (Intelligent Mechatronic Systems) and TrueMotion. Emerging players are Sentiance and Tractable. Broad incumbents are Arity, LexisNexis Risk Solutions (Telematics) and Verizon Connect.
Does AMODO have an API?
No public API is recorded for AMODO.
What industry is AMODO in?
AMODO's product category is Insurtech / Usage-Based Insurance Software. Its primary akta.pro industry code is FSAGAGAF, Telematics & Usage-Based Insurance (UBI) Platforms, with a secondary code of FSAJAAAB, Usage-Based / Telematics Personal Auto Insurance. Its NAICS code is 52429 and its SIC code is 7373.