SafeRide Technologies

AI-driven Vehicle Insights

Automotive & Mobility Technologies
Acquired (Inactive) by Questar on Nov 2021 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2016 by Yossi Vardi and Hilik Stein, SafeRide Technologies operated with 1–10 employees. The company raised $2.5M across two funding rounds. A significant milestone was its acquisition by Questar in November 2021.

Business overview

SafeRide Technologies specializes in providing AI-based solutions for vehicle health management, data analytics, and cybersecurity. The company's core technology delivers timely vehicle insights to automakers and fleet owners, aiming to reduce warranty costs, minimize downtime, optimize performance, and prevent reputation loss. SafeRide operates within the Automotive & Mobility Technologies sector, serving industries focused on connected and autonomous vehicles, and fleet management.

Strategic signal

SafeRide Technologies was acquired by Questar in November 2021, marking a strategic consolidation in the automotive technology landscape. This acquisition indicates a market trend towards integrating advanced AI-driven vehicle insights and cybersecurity solutions, suggesting that SafeRide's technology was seen as a valuable asset for enhancing comprehensive automotive offerings.

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Company Intelligence Q&A

What was a significant corporate event for SafeRide Technologies?
SafeRide Technologies was acquired by Questar in November 2021, leading to its inactive status.
When did SafeRide Technologies launch its vInsight platform?
In November 2020, SafeRide Technologies launched vInsight, a deep-learning vehicle health management platform.
Did SafeRide Technologies expand its operations in Europe?
Yes, in September 2020, SafeRide Technologies opened a new office in Germany to support and accelerate its growing business in Europe.
What strategic partnership did SafeRide Technologies announce in 2018?
In June 2018, SafeRide Technologies announced a strategic partnership with ST Engineering to protect connected and autonomous vehicles from cyberattacks.
What was SafeRide Technologies' involvement with NXP Semiconductors?
In December 2019, SafeRide Technologies and NXP Semiconductors collaborated to bring advanced vehicle health monitoring to the edge with AI-based anomaly detection on NXP vehicle network processors.
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