Amodo is an InsurTech company on a mission to disrupt the insurance industry as we know it. By turning users’ smartphones into powerful telematics sensors, the Amodo connected insurance platform enables insurers to deliver tailor-made products by gathering and contextualizing behavioral data. With its advanced technology, Amodo allows drivers to adapt their insurance costs to their driving habits by leveraging the one item most of them always have in their pocket - their smartphone. By offering new insurance models like Pay How You Drive, Pay As You Drive, Manage How You Drive, Amodo set new Telematics insurance standards and consequently acquired a great customer base, including P&V, AIG, Porsche, and BNP Paribas.
Location: Croatia, Grad Zagreb, Zagreb
Employees: 11-50
Phone: +385 1 6395 272
Total raised: $500K
Founded date: 2013
Investors 4
| Date | Name | Website |
| - | Plug and P... | plugandpla... |
| 26.05.2021 | Speedinves... | speedinves... |
| - | SGH Capita... | sghcapital... |
| - | Lead Ventu... | leadventur... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 29.06.2016 | - | $500K | - |
Mentions in press and media 11
| Date | Title | Description |
| 25.07.2024 | A New Dawn for CEE Startups: Lead Ventures Unveils €100M Fund** ** | ** In the heart of Central and Eastern Europe (CEE), a new wave of innovation is brewing. Lead Ventures, a Budapest-based venture capital firm, has just launched a €100 million fund aimed at empowering startups in this vibrant region. This ... |
| 23.07.2024 | Lead Ventures launches €100M fund for CEE startups | Lead Ventures has announced the launch of its new €100M fund, targeting startups in Central and Eastern Europe (CEE), a region whose tech sector has been steadily growing in recent years. Lead Ventures targets late Seed & Series A compa... |
| 22.07.2024 | Hungarian Lead Ventures Launches €100M Fund for CEE Startups | Hungary ~ Company: In a Nutshell Lead Ventures has announced the launch of its new €100M fund, targeting startups in CEE. The fund will offer investments ranging from €2M to €10M, providing a boost to companies in strengthening their Produc... |
| 09.11.2023 | Can Innovative Insurtech Solutions Transform the Traditional Auto Insurance Industry? | Key Takeaways: AMODO, a startup from Zagreb, Croatia, leverages big data to employ innovative insurtech solutions, reshaping the traditional auto insurance industry. The SaaS platform utilizes customer behavior and usage data to promote and... |
| 05.07.2023 | Top VCs From the DACH Region That Invest in CEE Startups | Austria, Germany, Switzerland ~ Company: In recent years, the DACH region (Germany, Austria, and Switzerland) has emerged as a significant source of venture capital for CEE (Central and Eastern Europe) startups. For instance, back in 2022, ... |
| 04.05.2022 | SEE Cities in the Spotlight: Startups in Zagreb to watch in 2022 | Zagreb, Croatia ~ Political and economic stability. Contemporary infrastructure. A well-educated workforce. A market open to foreign investors. Croatia and its capital Zagreb have a number of advantages that enabled their progress on the te... |
| 14.04.2022 | The partnership between Amodo & kasko2go: Unique synergies are creating added values for car insurance | kasko2go AG Logo Amodo Logo kasko2go is joining forces with Amodo. With their partnership, they can offer groundbreaking technologies to the car insurance industry. I believe that there does not have to be an 'or' between the different prov... |
| 17.12.2020 | Amodo and Galileo Platforms form Strategic Partnership to Offer New Telematics, Blockchain Insurtech Solutions | Allows insurers to create new solutions based on behavioural data on blockchain infrastructure Cost-saving, secure, high-efficiency blockchain technology provides a single source of truth HONG KONG / ZAGREB – Media OutReach – 17 December 20... |
| 29.06.2016 | Insurtech Startup Amodo Raises $500K in Funding | Amodo, a Zagreb, Croatia-based insurtech startup, raised approx. $500k in funding. Austrian venture fund Speedinvest made the investment. The company, which had received initial funding from SGH Capital and Bee Next Fund, intends to use the... |
| 09.03.2016 | Drive Spotter secures largest investment for GIA graduate | Global Insurance Accelerator graduate offers video analytics platform for commercial fleets Drive Spotter, a video analytics platform for commercial fleets, today announced that it has secured $750,000 in seed financing led by Grinnell Mutu... |
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