Nexar wants to make the roads safer. Through their mobile app (available for iPhone and Android) the Nexar technology allows drivers to have a dash cam as well as receive real time alerts on nearby driving hazards and possible collisions. More than 100,000 drivers are using the Nexar app and have accumulated millions of hours of driving data. The company is more focused on commercial and professional drivers since they're on the roads 8-12 hours per day versus consumer drivers whose vehicles sit idle 90% of the time.
In this interview I spoke with Eran about why he started Nexar, what their vision is for the company, how and when did they launch their service and how did the timing correspond to their capital raises, why data is the real crown jewel, how Nexar is changing driver safety and preventing crashes, why the dash cam and crash reconstruction technology has proved valuable when dealing with insurance companies and law enforcement, how their technology will play a part in the future of autonomous driving, which markets they are mostly focused on, why they have offices in three cities (Tel Avis, NYC and SF), what positions they are currently hiring for and much more.
If you enjoy this episode and want to hear more interviews with startup founders and successful entrepreneurs then please subscribe on iTunes, Google Play, Soundcloud and YouTube. Please share StartupSense.net with your friends and co-workers so we can grow our audience and continue to deliver valuable content to our listeners.
Startup Sense Podcast is sponsored by Jool Media.
We help entrepreneurs and startup founders build, launch and grow their companies by providing superior technology, marketing and consulting services.
We help clients of all sizes, budgets and industries.
We put our clients in the best position to raise capital, grow revenues, hire employees and maximize profits.
We just sent you an email. Please click the link in the email to confirm your subscription!