Connected Car
Otonomo Technologies, a platform powering the mobility economy, is to merge with US-based roadside and mobility assistance technology and services company Urgently to create a platform for mobility, insurance, and other services. Otonomo is a connected car data platform which lets consumers access more personalised services, and convenient road experiences, the company claims. Urgently’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. As a result of the transaction, Urgently expects that its shares of common stock will be listed under the ticker symbol “ULY”. According to Otonomo, the combined company is positioned to power the present and future of connected mobility services, as well as creating safe, customer-centric assistance services for automotive OEMs, insurance, rental and fleet partners and their customers.