Ubitel is a Lithuania-based startup with a mission to provide lower car insurance prices for responsible drivers. By pricing drivers based on their actual driving parameters, Ubitel ensures that good drivers pay less while motivating bad drivers to adopt safer driving habits. Founded in 2017, Ubitel operates in the Financial Services and Insurance industries. Although there is no available information about the last investment or investors, Ubitel's focus on leveraging technology to incentivize safer driving behaviors presents a promising opportunity for potential investors in the Insurtech sector.
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