AI-powered crash prediction platform Predina used this deck to secure seed money

ABOUT

Founded in 2016, Predina uses artificial intelligence to predict and prevent vehicle crashes based on road and environmental conditions. Its technology analyzes historical crashes, weather, time, and street intersections, among others.

The UK-based firm presented this pitch deck at a 500 Startups demo day to secure seed funding.

Now, the company’s technology is used in autonomous vehicle development, mapping and navigation, as well as in smart cities.

Fundraising journey

• 2020: Undisclosed amount of seed funding from 500 Startups

How is the deck compelling?

• It starts out by showing figures such as the number of road accident deaths and the huge financial impact on auto insurers every year.
  
• The deck then introduces the service that Predina built, which aims to make auto insurance profitable and fair by providing a location-based intelligence to complement existing technology.
• It also explains how Predina can improve the financial impact on insurers once they adopt the tech.
  
• The deck concludes with a team introduction that outlines background of team members, who have extensive experience in the automotive, AI, and insurance industries.

SOURCE

Deck: Starthouse