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.”
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More from Rauno Sigur
AssertionSupported
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 SigurJun 19, 2022▶ 1:38Pay 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 SigurJun 19, 2022▶ 2:14Pay per car scan model generates $30k MRR helping Insurers decrease fraud
AssertionSupported
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 SigurJun 19, 2022▶ 3:48Pay per car scan model generates $30k MRR helping Insurers decrease fraud
AssertionNot 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 SigurJun 19, 2022▶ 5:02Pay per car scan model generates $30k MRR helping Insurers decrease fraud
PredictionNot 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 SigurJun 19, 2022▶ 6:52Pay per car scan model generates $30k MRR helping Insurers decrease fraud
AssertionNot 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 SigurJun 19, 2022▶ 6:57Pay per car scan model generates $30k MRR helping Insurers decrease fraud
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