Avinew overview

Avinew, formerly known as Driav, are a CA-based InsurTech startup offering telematics-enhanced auto insurance. Launched in 2016, its autonomous, usage-based insurance programs use driving data, artificial intelligence, and machine learning to aid consumers, car manufacturers and insurance companies in the transition to a driverless world. The company is expected to launch its services publicly in 2020.

Through Avinew’s insurance solutions, consumers and fleets who own vehicles equipped with autonomous and semi-autonomous capabilities have access to insurance that will reward them for using their vehicle’s safety and autonomous features; Avinew's app is able to track how often such features are engaged.

In June 2019 Avinew acquired Betterdrive, and stated it planned to integrate the latter's technology into its own propriertary system for predictive risk calculations and related pricing discounts.

A privately-owned venture, Avinew's investors include American Family Ventures, Crosscut, Draper Frontier, and RPM Ventures.

Map showing the location of Avinew

Los Angeles, United States

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Key people

Dan Peate Founder