Ranjan: Axiom Connected is an aftermarket warranty customer of Cerebrum X
Sandeep Ranjan · He's ok burning $150k/mo right now with his $600k ARR Connected Vehicle Data SaaS · Nov 30, 2022 · at 10:15
Sandeep Ranjan, CEO of Cerebrum X, discloses customer segments and specific enterprise clients utilizing his vehicle data software.
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“It is more like an aftermarket warranty companies there is a company Exium Connected, A-X-I-O-M, Exium Connected.”
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More from Sandeep Ranjan
Ranjan: Connected vehicle comps Otonomo and Wejo reached $1.4B valuations
“Most of the companies I think who were like some, a couple of our other companies, I think they were valued at 1.4 billion, right? The companies were in the similar segment, right? Like who? Name a couple. Yeah. There is Autonomo and Vijo, right? At that point…”
Ranjan: Cerebrum X will reach roughly $1.2M ARR by year-end 2022
“So, yeah, so we will close so again, as you, the ARR which will close this year will be close to around 1.2 million.”
Cerebrum X works with the top four North American OEMs, excluding GM
“So we work with the top four OEMs minus GM right now in North America.”
Ranjan: Cerebrum X Monetizes via Insurers and Fleets, Not OEMs
“Yeah, so if you look into these top five are raw material, that's where you get the data from. Are the consumers of the data, the people who are paying for the data are the insurance companies. They are the fleet companies, the fleet providers like Azuga, whic…”
Ranjan: Bridgestone Mobility's Azuga pays Cerebrum X for vehicle telemetry
“Bridgestone mobility, right? ... Bridgestone they have their mobility, which is, they have a fleet division, which is Azuga, A-Z-U-G-A.”
Ranjan: Cerebrum X charges $6 to $10 per vehicle monthly
“So, so typically you get an average revenue per, per vehicle. It goes somewhere between 72 dollars, which is six bucks per month to up to 10 bucks, right? Which can go up to around one 20 dollars per month, right? So it depends upon What data they're getting.”