Disclosure certainty 4/5 debate potential 1/5

Drivex is launching a direct-to-consumer car pre-inspection product

Rauno Sigur · Pay per car scan model generates $30k MRR helping Insurers decrease fraud · Jun 19, 2022 · at 1:19

Rauno Sigur, CEO of vehicle inspection startup Drivex, discusses the company's product roadmap and target customer segments with Nathan Latka.

0:00 / 0:07exact quote · 7.4s
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“We're also launching a product directly to consumers who would like to get help in pre-inspecting cars.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Rauno Sigur

Assertion Supported
Drivex counts Vienna Insurance Group and Munich Re's Ergo as clients
“And we work with the largest groups such as Vienna Insurance Group, and also Ergo, which is a part of Munich Red.”
Rauno Sigur Jun 19, 2022 ▶ 1:38 Pay per car scan model generates $30k MRR helping Insurers decrease fraud
Disclosure
Drivex prices vehicle inspections between two and seven euros each
“So we're looking at between two to seven euros per inspection.”
Rauno Sigur Jun 19, 2022 ▶ 2:14 Pay per car scan model generates $30k MRR helping Insurers decrease fraud
Assertion Supported
Sigur says $7B in fraudulent auto claims are paid annually in US
“Because in the U S alone, over seven billion dollars per year is paid out in fraudulent claims and they can use that technology to.”
Rauno Sigur Jun 19, 2022 ▶ 3:48 Pay per car scan model generates $30k MRR helping Insurers decrease fraud
Assertion Not checkable as stated
Drivex processes 10,000 to 20,000 vehicle inspections per month
“So we're talking about 10, 10,020 thousand inspections per month.”
Rauno Sigur Jun 19, 2022 ▶ 5:02 Pay per car scan model generates $30k MRR helping Insurers decrease fraud
Prediction Not checkable as stated
Drivex plans to exceed $60k MRR by year-end
“We actually have the plan to break that in the end of this year.”
Rauno Sigur Jun 19, 2022 ▶ 6:52 Pay per car scan model generates $30k MRR helping Insurers decrease fraud
Assertion Not checkable as stated
Drivex MRR is growing 20% month-over-month
“So we're currently growing about 20% month on over month. If we look at the subscriptions and the MRR where we're making.”
Rauno Sigur Jun 19, 2022 ▶ 6:57 Pay per car scan model generates $30k MRR helping Insurers decrease fraud
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