$10,000,000.00
Asking Price
Address: San Jose, 95128.
Status: Active
Posting ID: 291199
3/20/25
Description
The Company is the #1 safety solution for the gig economy, serving rideshare, fleet operators, NEMTs, and driving schools with AI-powered cloud-connected dashcams. As a market leader in a $5B industry, the Company has established a competitive business through its hardware and SaaS-based revenue model, providing a host of innovative features like automated incident detection, driver coaching, and real-time risk mitigation. The Company is also working to monetize the vast amounts of road data it collects, positioning itself at the intersection of safety, AI, and real-time mobility intelligence.
Leveraging millions of real-time road images, The Company is building a Road Intelligence Platform to address a $50B+ market opportunity that integrates AI-powered road intelligence into sectors like insurance, public safety, city planning, and logistics. Road Intelligence Platform aggregates real-time road data from multiple sources, leverages state-of-art AI automation and offer predictive insights at scale. With its first-to-market potential, support from Google & appropriate investment, the Road Intelligence Platform is strongly positioned competitively to create AI agents addressing problems hitherto infeasible or disrupt existing solutions.
In a market filled with numerous generic dashcams, The Company has significantly differentiated itself with its solution orientation, AI driven features, cloud connectivity and real-time monitoring, leading to be rated #1 for rideshare. It is strongly positioned – achieving product-market fit – and is ready to scale its market penetration.
The Company’s Road Intelligence Platform is pioneering a holistic approach to leverage the data gleaned from roads in real-time, and employing AI curate & create AI Agentic solutions that can solve problems in a variety of markets. To date, we have not seen a complete solution like the Road Intelligence Platform, only partial solutions.
The Company is actively seeking to scale its industry-leading safety solutions and accelerate the Road Intelligence Platform’s growth into the dominant road-intelligence platform.
NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: Most of their employees work out of their Milpitas facility.
Competition: Some but the Company beats them in head to head comparison.
Growth & Expansion: The Dashcam safety solution has been commercialized – and generating revenues (year/year growth of ~ 100%) and product-market fit established. They are looking to scale and increase its market share in the $5B market, and move to adjunct markets (like cameras for teen & senior drivers – a substantial opportunity) as well as outside the US.
The Road Intelligence Platform currently is being developed and addressing limited use cases in specific segments. More AI agentic solutions will be built out in Insurance & Public Safety and other markets.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: The Road Intelligence Platform opportunity is pretty massive and requires a significant infrastructure, resources and market access to fully monetize. Hence having a well capitalized strategic partner is necessary to make this a reality. Their Dashcam business is already generating revenues, and the product – while continually improving – is solidly positioned & differentiated; what is needed is the sales infrastructure to leverage the market opportunity.
To get more information about this AI Dashcam Road Intelligence Software business for sale in San Jose please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #291199 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this AI Dashcam Road Intelligence Software, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $10,000,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $400,000.00
Area: San Jose
City: San Jose
Attributes:
My Notes About This Listing
Total Investment
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Min Liquid Cash
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Net Worth
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