iUGO Technology is an American startup founded in 2015, specializing in vehicle automation technologies. With the slogan "Device for car automation," the company aims to transform driver, vehicle, and infrastructure data into real-time actionable intelligence. The company offers iugo Technology, a platform designed to collect road and vehicle data through crowd sourcing using the myIUGO device. This data is then clustered and analyzed through machine learning to provide valuable insights. The platform also utilizes driver modeling and multi-dimensional digital mapping to estimate and predict traffic and road conditions, offering real-time speed advisory to enhance productivity and optimize driving behavior. Moreover, iugo Technology also provides iugo Deliver, a solution focusing on safety, productivity, and vehicle management. It offers real-time proactive feedback on driving behavior, live tracking, driver performance scorecards, and vehicle health tracking, resulting in a more comfortable, safe, and fuel-efficient driving experience. The startup operates within the industries of big data, internet, IoT, automotive, and machine learning. In June 2023, iUGO Technology secured a €1.00M corporate round investment from Otokoc Otomotiv, further validating its potential for growth and development in the industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Corporate Round | €1.00M | 1 | Otokoc Otomotiv | 15 Jun 2023 |
Pre Seed Round | $400.00K | 1 | Keiretsu Forum | 26 Feb 2017 |
Pre Seed Round | $44.00K | 1 | ARI Çekirdek | 14 Nov 2015 |
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