Drivemode has nabbed round $6.5 million in funding from a clutch of buyers in its Sequence A spherical, which was led by Panasonic and in addition noticed participation from insurance coverage supplier Mitsui Sumitomo’s VC arm, in addition to Revolutionary Enterprise Fund Funding and Miyako Capital.
In case you’re unaware of it, Drivemode is without doubt one of the hottest apps round for in-car utilization. The app has had over a million downloads and has energetic customers unfold throughout 180 international locations.
The app offers a hands-free interface to drivers that enables them to deal with driving with out being distracted by stuff like voice calls, messaging and so forth. The corporate will now focus upon utilizing the newly discovered backup to increase its providing to past the patron app.
Talking with TechCrunch, Drivemode Founder and CEO Yo Koga mentioned:
Clearly, Panasonic desires to make the most of our reputation as a driving app when working with automakers. So what we’re engaged on now’s integrating their infotainment techniques with our shopper app in order that we are able to work with merchandise like show audio or fundamental audio, customers have much more to customers through the patron app. On the identical time, numerous automakers are additionally desirous about white label stuff as effectively, in order that we’re engaged on individually, as effectively.
He additionally commented over the truth that the Drivemode app was well-liked as a result of it was good. Evaluating it to Google’s personal Android Auto software, Koga mentioned that the latter had worse opinions than Drivemode. He additionally mentioned that in lots of instances, the businesses with nice lacked on the software program entrance. A great interface was one of many greatest issues and doing stuff so simple as answering voice messages on Fb might be an enormous ache.
Drivermode launched the beta model of its software in 2014. Since then, the corporate has been working exhausting to convey enhancements to the app in collaboration with the Nationwide Freeway Visitors and Security Administration (NHTSA). Since it’s all voice based mostly, there isn’t actually a lot hazard of the drive taking his arms off the wheel to write down a fast textual content. The NHTSA collaboration is a serious step alongside the identical path.