Smartphoners wins 400,000 euros

Important validation for Smartphoners, the first app that rewards virtuous and responsible driving behaviour: the company has been selected by Invitalia, the Agency of the Ministry of the Economy that supports new businesses and the development of innovative start-ups already underway.

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The company has been awarded €400,000 from the Smart&Start call for proposals, launched by Invitalia, which will allow Smartphoners to enhance its service and accelerate its growththanks to the capital raised through crowdfunding.

The startup,having passed the program'sstrict due diligence, will use the capital to

• complete the algorithm that, based on the data collected on users, allows to develop a ranking of the "most virtuous" drivers when driving;
• perfect the system for analysing and verifying driving behaviour;
• implement the user profiling system;
• strengthen the technical infrastructure on which the service is based in order to cope with the ever-increasing number of users, which today number more than 35 thousand.

An important result for Smartphoners: thanks to a proprietary data analysis algorithm that tracks not only the car, but also the driver's driving profile, producing a broad set of data for the insurance and automotive sectors. To date, the company already counts 5 million km travelled safely, for a value saved to the community of € 340 thousand.

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