Sandeep Ranjan, CEO of Cerebrum X, discusses how his connected vehicle data platform accesses vehicle telemetry data across major automakers.
Assertion Supported
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…”
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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.”
Disclosure
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…”
Disclosure
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.”
Disclosure
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.”
Disclosure
Ranjan: Cerebrum X launches initial deals with 1,000-2,000 vehicles
“So our sweet spot, when it starts with, it's something around thousand vehicles, thousand to 2000. That's what we start with. That's, then we scale up.”