Drivex plans to exceed $60k MRR by year-end
Rauno Sigur · Pay per car scan model generates $30k MRR helping Insurers decrease fraud · Jun 19, 2022 · at 6:52
Drivex CEO Rauno Sigur discusses company revenue targets in an interview with Nathan Latka.
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“We actually have the plan to break that in the end of this year.”
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More from Rauno Sigur
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.”
Drivex prices vehicle inspections between two and seven euros each
“So we're looking at between two to seven euros per inspection.”
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.”
Drivex processes 10,000 to 20,000 vehicle inspections per month
“So we're talking about 10, 10,020 thousand inspections per month.”