SaverOne Overview
SaverOne specializes in technology designed to prevent cell phone distractions while driving, aiming to enhance road safety. Their system automatically detects mobile devices within the driver's area, disables distracting applications, and allows essential functions like calls and navigation. The technology is designed to activate when the vehicle is moving, ensuring drivers focus on the road while passengers remain unaffected.
Cumulative Funding Raised Over Time ($)
$1.5MDec 2022
$7.9MNov 2020
Latest News
growth-positive
SaverOne Signs Third Distribution Agreement in the United States
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has signed a new distribution agreement with BSD Tree Inc., a New York City-based company. This agreement marks SaverOnes third distribution deal in the United States, significantly expanding its market reach into New York, New Jersey, and Pennsylvania. The partnership with BSD Tree, a well-established car rental company, is expected to accelerate SaverOnes penetration into the U.S. market, expanding its addressable market by nearly 20 million vehicles. SaverOnes technology aims to prevent driver distraction by restricting access to distracting mobile applications while driving, thereby enhancing road safety.
Partners
growth-positive
SaverOne Named to TIME’s List of the Best of Inventions of 2025
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has been recognized by TIME as one of the Best Inventions of 2025 for its SaverOne System. This system detects and blocks unsafe phone use in real-time, addressing the critical issue of distracted driving. The recognition highlights SaverOnes commitment to leveraging technology to enhance road safety. With distracted driving being a major cause of accidents, the SaverOne System aims to reduce accidents and associated costs. The company is expanding internationally with new distribution agreements and pilot projects in Europe and North America, positioning itself for increased adoption among fleets, OEMs, and insurance companies.
Product StagePartnersCustomers
growth-positive
SaverOne Signs Agreement with a Leader in ADAS Vision Solutions for Collaborative Development
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a partnership with a global leader in vision solution technologies to develop an advanced driver-assistance systems (ADAS) platform. This collaboration aims to create a sensor fusion platform capable of detecting Vulnerable Road Users (VRUs) in non-line-of-sight conditions, addressing a significant gap in current ADAS technologies. The project will proceed in two stages: a Proof of Concept (POC) to demonstrate the technology, followed by commercialization. SaverOnes CEO, Ori Gilboa, emphasized the potential of this partnership to enhance road safety by improving the detection of VRUs. The SaverOne system is designed to reduce driver distraction by preventing access to distracting mobile applications while driving.
Partners
growth-positive
SaverOne Signs Agreement with Fandango to Deploy its Driver Distraction Prevention Solution Across Heavy Truck Fleet
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has signed an agreement with Fandango, a waste collection and recycling company, to deploy its Driver Distraction Prevention Solution across Fandangos fleet of heavy trucks. This follows a successful pilot program that demonstrated significant improvements in driver behavior and safety. The agreement marks a strategic expansion for SaverOne into the heavy-truck sector, aiming to reduce accidents, improve fleet availability, and lower costs. The partnership with Fandango is seen as a validation of SaverOnes technology and its potential to deliver meaningful safety and operational benefits.
CustomersPartners
growth-positive
SaverOne Reports First Half 2025 Results
SaverOne 2014 Ltd., a company specializing in transportation safety and ADAS technologies, reported a 57% increase in revenues year-over-year, driven by its international expansion strategy. The company has successfully installed 4,160 systems out of 5,430 ordered by customers and has signed new sales and marketing agreements in the United States and Canada. Additionally, SaverOne has entered into a preliminary agreement with a leading European ADAS technology provider to collaborate on sensor fusion. The companys CEO, Ori Gilboa, expressed optimism about future growth, citing the expansion of their global footprint and the integration of their VRU detection solution into existing ADAS platforms.
CustomersPartners
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $29.89M |
| Last funding | $1.5M |
| Stage | Public |
| Rounds | 5 |
| Investors | 4 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | saver.one |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Em Hamoshavot Rd 94, Petah Tikva, Israel
Photos & Videos
1 item(s)
SaverOne Business
Business models
B2B2C, B2B
Product stage
Released
Employees
11-50
Sector
Automotive & Mobility TechnologiesAutonomous & ConnectedTarget Customer
Transportation & LogisticsGovernment & CityIndustrial ManufacturingProcess IndustriesCementDiscrete IndustriesAutomotiveCommunication ServicesFinancial ServicesFinancial ProductsInsuranceCore Technology
Platforms & InterfacesMobileCommunicationsRadio FrequencyBluetoothArtificial IntelligenceMachine LearningTags (18)
driversmobile-devicesmobile-applicationsmachine-learningbluetoothsensorsdriver-safetybig-dataautomotiveartificial-intelligenceadashardwareoemrf-technologyfleet-managementinsurance-companiesconnected-vehiclessmart-mobilitySolutions
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{"title":"Automotive & Transportation","description":"SaverOne's Aftermarket solution is an advanced driver assistance system (ADAS) that prevents distracted driving by blocking phone use and provides forward collision warnings, enhancing vehicle and driver safety for fleets and commercial vehicles.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":3,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}}]}
Use Cases
OEMsAftermarketGeographic Markets
Southeast AsiaEuropeIsraelOceaniaItalyAustraliaUnited StatesUnited Arab EmiratesSaverOne Financials
$29.89M
Total funding
Undisclosed
Capital raised
$1.5M
Last funding
Public
Funding stage
5
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$1.5MDec 2022
$7.9MNov 2020
Private Equity Funding
PIPE
Dec 2022
$1.5M
Alejandro Weinstein
PIPE
Nov 2020
$6.39M
Phoenix, Psagot Investment House, More Investment House
Public Offering / Exit
POEvent
Jan 2025
Undisclosed
POEvent
Jun 2022
Undisclosed
POEvent
Jun 2020
Undisclosed
SaverOne Lifecycle
Cumulative Funding Raised Over Time
$1.5MDec 2022
$7.9MNov 2020
All Events
PIPE
Dec 2022
$1.5M
Alejandro Weinstein
PIPE
Nov 2020
$6.39M
Phoenix, Psagot Investment House, More Investment House
POEvent
Jan 2025
Undisclosed
POEvent
Jun 2022
Undisclosed
POEvent
Jun 2020
Undisclosed
SaverOne News
137 articles
growth-positive
SaverOne Signs Third Distribution Agreement in the United States
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has signed a new distribution agreement with BSD Tree Inc., a New York City-based company. This agreement marks SaverOnes third distribution deal in the United States, significantly expanding its market reach into New York, New Jersey, and Pennsylvania. The partnership with BSD Tree, a well-established car rental company, is expected to accelerate SaverOnes penetration into the U.S. market, expanding its addressable market by nearly 20 million vehicles. SaverOnes technology aims to prevent driver distraction by restricting access to distracting mobile applications while driving, thereby enhancing road safety.
Partners
growth-positive
SaverOne Named to TIME’s List of the Best of Inventions of 2025
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has been recognized by TIME as one of the Best Inventions of 2025 for its SaverOne System. This system detects and blocks unsafe phone use in real-time, addressing the critical issue of distracted driving. The recognition highlights SaverOnes commitment to leveraging technology to enhance road safety. With distracted driving being a major cause of accidents, the SaverOne System aims to reduce accidents and associated costs. The company is expanding internationally with new distribution agreements and pilot projects in Europe and North America, positioning itself for increased adoption among fleets, OEMs, and insurance companies.
Product StagePartnersCustomers
growth-positive
SaverOne Signs Agreement with a Leader in ADAS Vision Solutions for Collaborative Development
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a partnership with a global leader in vision solution technologies to develop an advanced driver-assistance systems (ADAS) platform. This collaboration aims to create a sensor fusion platform capable of detecting Vulnerable Road Users (VRUs) in non-line-of-sight conditions, addressing a significant gap in current ADAS technologies. The project will proceed in two stages: a Proof of Concept (POC) to demonstrate the technology, followed by commercialization. SaverOnes CEO, Ori Gilboa, emphasized the potential of this partnership to enhance road safety by improving the detection of VRUs. The SaverOne system is designed to reduce driver distraction by preventing access to distracting mobile applications while driving.
Partners
growth-positive
SaverOne Signs Agreement with Fandango to Deploy its Driver Distraction Prevention Solution Across Heavy Truck Fleet
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has signed an agreement with Fandango, a waste collection and recycling company, to deploy its Driver Distraction Prevention Solution across Fandangos fleet of heavy trucks. This follows a successful pilot program that demonstrated significant improvements in driver behavior and safety. The agreement marks a strategic expansion for SaverOne into the heavy-truck sector, aiming to reduce accidents, improve fleet availability, and lower costs. The partnership with Fandango is seen as a validation of SaverOnes technology and its potential to deliver meaningful safety and operational benefits.
CustomersPartners
growth-positive
SaverOne Reports First Half 2025 Results
SaverOne 2014 Ltd., a company specializing in transportation safety and ADAS technologies, reported a 57% increase in revenues year-over-year, driven by its international expansion strategy. The company has successfully installed 4,160 systems out of 5,430 ordered by customers and has signed new sales and marketing agreements in the United States and Canada. Additionally, SaverOne has entered into a preliminary agreement with a leading European ADAS technology provider to collaborate on sensor fusion. The companys CEO, Ori Gilboa, expressed optimism about future growth, citing the expansion of their global footprint and the integration of their VRU detection solution into existing ADAS platforms.
CustomersPartners
growth-positive
SaverOne Broadens its Relationship with Cemex: An Additional European Cemex Division Deploys SaverOne’s Driver Distraction Prevention System
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has announced a new agreement with Cemex to deploy its Driver Distraction Prevention System (DDPS) across Cemexs fleet in a European country. This agreement marks a further expansion of SaverOnes global footprint and strengthens its collaboration with Cemex, a key customer. The DDPS aims to prevent driver distraction by restricting access to distracting mobile applications while driving. SaverOnes CEO, Ori Gilboa, expressed satisfaction with the expansion and emphasized the companys commitment to supporting Cemexs safety culture. This development is a positive step in SaverOnes strategic global expansion.
CustomersPartners
growth-positive
SaverOne Signs Agreement with Sdot Dan Regional Council to Deploy SaverOne System in its School Bus Fleet
SaverOne 2014 Ltd., a company specializing in transportation safety solutions, has signed an agreement with the Sdot Dan Regional Council in Israel to install its driver distraction prevention system on the councils fleet of school buses. This move aims to enhance road safety by preventing driver distraction, particularly in public transportation. The adoption by Sdot Dan, a strategic customer, is expected to serve as a model for other local authorities, supporting SaverOnes goal of widespread adoption in urban markets. The agreement reflects growing interest from local governments and regulators in implementing vehicle safety technologies to protect school children.
Customers
growth-positive
SaverOne Signs Sales & Marketing Agreement with US-based TOJ Jax Targeting Major US Trucking Fleets
SaverOne 2014 Ltd., a technology company focused on transportation safety solutions, has signed a new sales and marketing agreement with TOJ Jax LLC, a Florida-based firm with extensive experience in trucking and logistics. This partnership grants TOJ Jax exclusivity in offering SaverOne’s in-cabin mobile distraction prevention systems to large commercial fleets in the United States. The agreement aims to drive US sales and market penetration, leveraging TOJ Jaxs industry connections and experience. SaverOnes CEO, Ori Gilboa, emphasized the strategic importance of this partnership for expanding into the US market. TOJ Jax will target major fleet operators with over 500 vehicles, aiming to reduce accident risks and insurance costs.
PartnersCustomers
growth-positive
SaverOne Granted New US Patent Advancing Sensor Fusion Capabilities for Driver Safety
SaverOne 2014 Ltd., a technology company focused on transportation safety solutions, has been awarded a new patent by the United States Patent and Trademark Office. The patent, titled System and Method for Classifying a Mode of Operation of a Mobile Communication Device in a Volume Based on Sensor Fusion, enhances SaverOnes ability to detect and classify mobile device usage within vehicle cabins. This technology aims to improve road safety by distinguishing between driver and passenger phone usage, thereby reducing driver distractions. With this addition, SaverOnes intellectual property portfolio now includes 23 patents, 14 of which have been granted. The company continues to expand its global reach with patents in key markets such as the US, Europe, Israel, China, and the UK.
growth-positive
SaverOne 2014 signs preliminary agreement with ADAS technology provider
SaverOne 2014 has signed a preliminary agreement with a European automotive technology provider to integrate its Vulnerable Road User (VRU) detection solution with the providers Advanced Driver Assistance Systems (ADAS) sensor fusion platform. This collaboration introduces a non-line-of-sight VRU detection capability, enhancing the ADAS platforms ability to detect pedestrians and other vulnerable road users in complex environments. The integrated system will be showcased to OEM customers at the providers European showroom, marking a significant milestone for SaverOnes VRU solution.
Partners
growth-positive
SaverOne Signs Preliminary Agreement with Leading European ADAS Technology Provider for Sensor Fusion Collaboration
SaverOne 2014 Ltd., a company focused on transportation safety solutions, has announced a preliminary agreement with a European automotive-technology provider to integrate its Vulnerable Road User (VRU) detection solution into an Advanced Driver Assistance Systems (ADAS) platform. This collaboration aims to enhance road safety by introducing non-line-of-sight VRU detection capabilities. The integration of SaverOnes Radio Frequency detection technology into the partners sensor fusion platform is expected to improve the detection of pedestrians and other VRUs, especially in challenging scenarios. This partnership marks a significant milestone for SaverOne, opening new growth opportunities in the automotive safety market.
Partners
growth-positive
SaverOne Further Broadens its Global Expansion with a new Agreement with CEMEX Germany
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has signed a new commercial agreement with CEMEX Logistik GmbH to install its Driver Distraction Prevention Systems in CEMEXs fleet of approximately 1,000 trucks in Germany. This agreement strengthens SaverOnes collaboration with CEMEX, a global leader in building materials, following deployments in Israel, Spain, and the Czech Republic. The partnership aims to enhance safety and efficiency in logistics by addressing driver distraction, a leading cause of road accidents. SaverOnes system prevents drivers from accessing distracting mobile applications while driving, thereby creating a safer driving environment.
PartnersCustomers
growth-positive
SaverOne Signs Expands Cooperation with Cemex: Signs Agreement with Cemex Czech Republic for Deployment of Its Driver Distraction Prevention System
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has signed a new commercial agreement with Cemex Czech Republic s.r.o. to deploy its Driver Distraction Prevention System (DDPS) across Cemexs cement truck fleet in the Czech Republic. This agreement is part of a broader strategic collaboration with Cemex, which has already seen successful deployments in Israel and another European country. The partnership aims to enhance safety standards and expand SaverOnes presence in Europe. Cemex, a global leader in construction and logistics, values safety and innovation, aligning with SaverOnes mission to provide cutting-edge safety solutions.
PartnersCustomers
growth-positive
SaverOne Signs New Distribution Agreement in Canada
SaverOne 2014 Ltd., a company specializing in advanced transportation safety solutions, has entered the Canadian market through a distribution agreement with MRF Geosystems. This agreement grants MRF exclusive rights to sell and support SaverOnes system in Alberta, with a sales target of 1,000 units in the first six months. The partnership aims to address distracted driving, a significant cause of road accidents. SaverOnes technology prevents drivers from accessing distracting mobile applications while driving. The agreement reflects growing international demand for SaverOnes solutions and is expected to drive long-term growth in North America.
growth-negative
SVRE: Reports full-year results which indicate that domestic operations continue to struggle. Significant challenges ahead in 2025.
SaverOne reported its full-year 2024 results, revealing a revenue increase in the second half of 2024 to approximately $326k, though still missing projections by 30%. The company experienced longer sales cycles in Israel and slow order growth, with only 600 additional units ordered by March 2025. Despite expanding pilot programs in the US and Europe, the company faces financial challenges, with cash used in operations exceeding $9 million and only $3.6 million remaining on the balance sheet as of December 31, 2024. Management plans to address cash flow deficiencies by raising funds from new or existing investors. The company has significantly increased its share count to fund operations, leading to substantial dilution of existing shareholders.
Product StageInvestment
growth-positive
SaverOne Reports Full Year 2024 Results
SaverOne 2014 Ltd., a company specializing in transportation safety and ADAS technologies, reported its 2024 financial results and business updates. The company is expanding globally, with new pilots and distribution agreements in Europe and the US. It has received orders for 5,400 systems, with 4,000 installed. SaverOnes US partner secured FedEx Trucking Contractor MDM Express as a customer. The company is also focusing on its VRU sensor solution, projected to have a $1.5 billion market potential by 2035. Despite a net loss of NIS 34.9 million, SaverOne improved its gross margin to 36.5%. The company plans to spin off its VRU sensor solution for further development.
Product StageCustomersPartners
growth-positive
SaverOne Regains Compliance with Nasdaq Minimum Bid Price Requirement
SaverOne 2014 Ltd. announced that it has regained compliance with Nasdaqs minimum bid price requirement, as its American Depository Shares (ADS) have maintained a closing bid price of at least $1.00 for over 10 consecutive business days. This compliance is a positive development for the company, which specializes in technology to prevent driver distraction by blocking access to certain mobile applications while driving. SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies, with a focus on the Israeli, European, and US markets. The company anticipates increased demand for its systems due to upcoming EU regulations on cellular distraction in vehicles.
Public Trading
growth-positive
SaverOne Expands IP Portfolio With New US Patent, Stock Gains
SaverOne 2014 Ltd., a transportation safety technology company, has been awarded its 13th patent by the USPTO, enhancing its in-vehicle safety system designed to restrict mobile phone use while driving. The patent, issued on February 18, 2025, strengthens SaverOnes intellectual property portfolio, which now includes 23 patents. SaverOnes CEO, Ori Gilboa, emphasized the importance of this patent in addressing mobile phone-related distractions, a significant road safety risk. The company recently completed a successful pilot with FedEx contractor MDM Express, leading to a full fleet installation, marking a significant milestone in its U.S. expansion. As a result, SaverOnes stock saw a 4.62% increase, trading at $4.31 premarket.
Product StageCustomers
growth-negative
SVRE: Another ADS ratio adjustment and financing as the company seeks stability in 2025.
SaverOne (NASDAQ:SVRE) has announced a significant adjustment in its ADS ratio, resulting in a 1-for-240 reverse split since October 2024. This move, aimed at maintaining the stock price above NASDAQs $1 minimum bid requirement, has led to substantial dilution of existing shareholders. The companys reliance on equity issuance has dramatically increased its share count from 69.6 million to approximately 675 million over 13 months. Despite these challenges, SaverOne has initiated several pilot projects and distribution agreements, including partnerships with an Italian luxury car manufacturer, Trans Italia, Smartfits Installations in the UK, uniSmart Vertriebs in Germany, and MDM Express in the US. The company also received its 12th patent for technology related to its distracted driving prevention system.
Product StageCustomersPartners
growth-positive
SaverOne Granted New Patent in the United States Further Expanding its IP Portfolio
SaverOne 2014 Ltd., a technology company focused on transportation safety solutions, has been granted a new patent by the United States Patent and Trademark Office. This patent, part of a portfolio of 23 patents, enhances SaverOnes in-vehicle safety solution by limiting mobile phone use while driving. The patent strengthens SaverOnes intellectual property and supports its global expansion strategy. The companys system addresses driver distraction by controlling access to phone applications, thereby reducing road accidents caused by mobile phone use. SaverOnes CEO, Ori Gilboa, emphasized the importance of this patent in maintaining the companys competitive edge and commitment to road safety.
growth-negative
SaverOne Implements Change in Ratio of Shares to ADSs to Meet Nasdaq Minimum Bid Price Requirement
SaverOne 2014 Ltd. has been notified by Nasdaq that it is not in compliance with the minimum bid price requirement of $1.00 per share, following a reverse stock split within the past year. The company is not eligible for the usual 180-day compliance period and faces potential delisting unless it appeals by February 27, 2025. SaverOne plans to request a hearing to stay the suspension of its securities and will present a compliance plan to the Nasdaq Hearings Panel. The companys ADSs continue to trade under the symbol SVRE. SaverOnes system aims to reduce driver distraction by blocking access to distracting mobile applications while driving.
Public Trading
growth-positive
SaverOne Announces First U.S. Commercial Agreement with FedEx Trucking Contractor MDM Express
SaverOne 2014 Ltd., a transportation safety technology company, has successfully completed a pilot project in the U.S. with its distributor, Motor Supply, for MDM Express, Inc. The project involved installing SaverOnes system across MDMs fleet of 20 trucks. MDM Express, a contractor for FedEx, will serve as a key reference customer, potentially generating interest among other FedEx contractors. This marks a significant step in SaverOnes U.S. market expansion, showcasing the effectiveness of its technology in preventing driver distraction and enhancing fleet safety. The successful deployment highlights the strategic entry into the broader FedEx contractor network, with plans for further expansion.
Product StageCustomers
growth-positive
SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical’s Truck Fleet
SaverOne 2014 Ltd. has secured a new contract with Teva Pharmaceutical Industries Ltd. to install its SaverOne System across Tevas fleet of 50 delivery trucks in Israel. This follows a successful initial deployment in 14 trucks. The SaverOne System aims to reduce driver distractions by preventing access to distracting mobile applications, thereby enhancing road safety. Teva, a global pharmaceutical leader, prioritizes safety and sees significant value in SaverOnes technology. The partnership highlights growing demand for SaverOnes solutions and potential for further deployments in Tevas global operations.
CustomersPartners
growth-positive
SaverOne to Deploy Driver Safety Systems Across Oz Group’s Fleet
SaverOne 2014 Ltd., a leader in transportation safety technology, has signed an agreement with Oz Group to install its SaverOne Systems in 100 vehicles, including trucks and private cars. The initial deployment will cover 30 systems in trucks, with plans for full fleet integration. This partnership highlights the growing recognition of SaverOnes technology to mitigate driver distraction risks, a major cause of road accidents. SaverOnes system prevents drivers from accessing distracting mobile applications, enhancing road safety. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on Israeli, European, and US markets. The anticipated EU regulation on cellular distraction systems is expected to boost demand for SaverOnes solutions.
PartnersCustomers
growth-positive
SaverOne Announces $1.5 Million Registered Direct Offering
SaverOne 2014 Ltd., a leader in advanced transportation safety solutions, announced a registered direct offering of its American Depositary Shares (ADSs) and a concurrent private placement of short-term warrants. The company plans to sell 2,171,433 ADSs at $0.70 each, with warrants to purchase an additional 4,342,866 ADSs at $0.80 each. The offering is expected to close on January 31, 2025, with gross proceeds of $1.5 million. H.C. Wainwright & Co. is acting as the exclusive placement agent. The proceeds will be used for working capital and general corporate purposes. The ADSs are offered under a shelf registration statement filed with the SEC.
PIPE
growth-positive
SaverOne Expands European Presence with German Distribution Deal
SaverOne 2014 Ltd. has announced a new distribution agreement with uniSmart Vertriebs GmbH in Germany, which is a significant step in its European expansion strategy. This partnership aims to introduce SaverOne’s distraction prevention technology to Germany’s large fleet market, enhancing driver safety and operational efficiency. The agreement aligns with SaverOne’s strategy to expand its footprint in a market with increasing demand for safety-enhancing technologies, driven by potential regulatory changes. This move is expected to strengthen SaverOne’s position in the transportation safety industry and offers substantial growth opportunities in Germany’s robust logistics sector.
Partners
growth-positive
SaverOne Continues its European Expansion: Signs New Distribution Agreement in Germany
SaverOne 2014 Ltd., a leader in advanced transportation safety solutions, has announced a new distribution agreement with uniSmart Vertriebs GmbH, a German distributor specializing in fleet safety and technology integration. This partnership aims to expand SaverOnes presence in Germany, a significant market for fleet safety solutions. SaverOnes technology addresses driver distraction by preventing access to distracting mobile applications, enhancing road safety. The collaboration with uniSmart, which serves major German transport operators, aligns with SaverOnes mission to improve road safety and operational efficiency. This strategic expansion into Germany is expected to bolster SaverOnes growth and market reach.
Partners
growth-positive
SaverOne Strengthens IP with New US Patent for Driver Safety Technology
SaverOne 2014 Ltd. has been granted a new US patent for its phone location identification technology, which enhances driver safety by accurately determining the position of cellphones within a vehicle. This development strengthens SaverOnes intellectual property portfolio, now comprising 12 granted patents and 11 pending applications, and aligns with the companys strategic focus on global expansion. The technology aims to reduce road accidents by preventing driver distractions, potentially benefiting from expected regulatory changes that could increase demand. SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, insurance, and leasing companies, focusing on the Israeli, European, and US markets.
growth-positive
SaverOne Granted Additional US Patent Strengthening its IP Portfolio Underlying its Transportation Safety Solution
SaverOne 2014 Ltd., a technology company focused on transportation safety solutions, has been granted a new patent by the United States Patent and Trademark Office. The patent, issued on December 24, 2024, enhances driver safety by using sensor fusion techniques to determine the location of cellphones within a vehicle. This technology ensures that only the cellphone within the drivers area is blocked, preventing distractions. This is the 12th patent granted to SaverOne out of a portfolio of 23, with 11 additional applications in process. The patents are strategically filed in key markets, reflecting the companys vision for global expansion. SaverOnes CEO, Ori Gilboa, highlighted the innovative nature of their technology and the companys commitment to reducing road accidents caused by mobile phone distractions.
growth-positive
SaverOne Expands Deployment of Driver Safety Solutions in a Global Food Manufacturer’s Employee Car Fleet
SaverOne 2014 Ltd., a leader in transportation safety technology, announced the expansion of its deployment within a division of a global food manufacturers subsidiary in Israel. This follows a successful implementation of SaverOne Systems in trucks and vehicles earlier in 2024. The new deployment will involve the fleet of cars used by the employees of the division, reflecting the customers continued trust in SaverOnes solutions. The companys system addresses driver distraction by preventing access to distracting applications while driving, enhancing safety. SaverOne sees significant potential for further adoption within the companys Israel division and globally. The expansion is expected to positively impact the demand for SaverOnes systems, especially with anticipated EU regulations on cellular distraction systems.
Customers
growth-positive
SaverOne Continues to Expand its Global Reach with New Distribution Agreement with Smartfits in the UK
SaverOne 2014 Ltd., a company specializing in advanced transportation safety solutions, has entered into a new distribution agreement with Smartfits Installations Ltd. to introduce its driver distraction prevention technology to fleets in the UK. This partnership aligns with SaverOnes global expansion strategy and leverages Smartfits expertise in fleet safety and technology integration. The collaboration aims to address the growing demand for safety-enhancing technologies in the UK fleet market, which comprises over five million vehicles. SaverOnes system prevents mobile phone distractions among drivers, thereby reducing risks and operational costs for fleet operators. The partnership is expected to enhance road safety and improve fleet efficiency and compliance.
PartnersExpand
growth-positive
SaverOne Launches New Pilot Project in Italy with Trans Italia
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, has launched a pilot project with Trans Italia, a leading Italian logistics and transportation company. This initiative involves installing SaverOnes driver safety system in Trans Italias trucks to prevent driver distractions and enhance road safety. The project signifies SaverOnes strategic expansion into the Italian market and broader European growth strategy. The collaboration was facilitated by SaverOnes Italian partner, Mr. Tal Yhie, and regional distributor, GVZ Components, with installations carried out by TBS. SaverOnes CEO, Ori Gilboa, expressed enthusiasm for the partnership, highlighting its potential to increase the adoption of their safety solutions in Italy and Europe. Trans Italias Fleet Manager, Sergio Rotondo, emphasized the alignment of SaverOnes system with their safety goals.
PartnersExpand
growth-positive
SaverOne Launches a New Pilot Project with a Leading Italian Sports Car Manufacturer
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced a new pilot project with a renowned Italian luxury and sports car manufacturer. This project involves installing SaverOnes distracted driving prevention system in a select group of employee vehicles, potentially expanding to the manufacturers entire fleet of 200 vehicles. This initiative marks a significant milestone in SaverOnes expansion into the Italian market, supported by its Italian partner, Mr. Tal Yhie, and regional distributor, GVZ Components. The pilot project is seen as a validation of SaverOnes technology and its potential to address the global issue of distracted driving. SaverOnes CEO, Ori Gilboa, expressed confidence that this pilot will open new opportunities with other automotive manufacturers seeking advanced safety solutions.
CustomersPartners
growth-positive
SVRE: Updating our model to reflect the recent ADS ratio adjustment.
SaverOne 2014 (NASDAQ:SVRE) adjusted its ADS to common shares ratio to regain NASDAQ compliance, effectively conducting a 1-for-18 reverse split. This move helped the stock trade above $1, regaining compliance by November 12, 2024. The company has been issuing equity rapidly, with shares outstanding increasing from 69.6 million at the end of 2023 to 164 million by November 2024. SaverOne also announced a significant distribution agreement with Motor Supply of South Carolina, guaranteeing at least 37,600 orders over five years. This agreement is a major step forward, potentially leading to a multi-million dollar contract. The companys valuation target is adjusted to $20 million, with a projected ADS count of 38 million by mid-2025.
Public TradingPartnersCustomers
growth-negative
SVRE: Updating our model to reflect the recent ADS ratio adjustment.
SaverOne 2014 (NASDAQ:SVRE) adjusted its ratio of ADS to common shares from 1 ADS to 5 common shares to 1 ADS to 90 common shares on October 28, 2024, to comply with NASDAQs minimum $1.00 closing bid requirement. This reverse split helped the stock trade above $1, regaining NASDAQ compliance by November 12. The company has been issuing equity at a rapid pace, with shares outstanding increasing from 69.6 million at the end of 2023 to approximately 164 million by November 2024. The 12-month target valuation is adjusted to $12 million, with a projected ADS count of 2.7 million by the end of 2025. A significant Motor Supply agreement could positively impact future valuations.
Public Trading
growth-positive
SaverOne Expands Safety Solutions to Spain’s Construction Sector
SaverOne 2014 Ltd. has announced a significant expansion into the European market by signing a commercial agreement to install 200 of its advanced transportation safety systems in the Spanish subsidiary of a leading multinational construction company. This move follows a successful pilot and aims to enhance driving safety by preventing mobile phone distractions among drivers. The expansion into Spains construction sector marks a growth-positive development for SaverOne, as it broadens its market presence and strengthens its position in the transportation safety industry.
CustomersPartners
growth-positive
SaverOne signs a Commercial Agreement with a Leading Multinational in the Construction Sector
SaverOne 2014 Ltd., a company specializing in advanced transportation safety solutions, has signed a commercial agreement with the Spanish subsidiary of a multinational construction company. This agreement follows a successful pilot project and involves the deployment of up to 200 SaverOne systems in a fleet of 500 vehicles in Spain. The first 100 systems are scheduled for installation by mid-December 2024. SaverOnes technology aims to reduce driver distraction by preventing access to distracting mobile applications while driving. The company is targeting commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on the Israeli, European, and US markets. The anticipated EU regulations on cellular distraction systems are expected to boost demand for SaverOnes solutions.
Customers
growth-positive
SaverOne Regains Compliance with Nasdaq Minimum Bid Price Requirement
SaverOne 2014 Ltd., a company specializing in advanced transportation safety solutions, announced that it has regained compliance with the Nasdaq minimum bid price requirement. Previously, the company was notified by Nasdaq for not meeting the $1.00 minimum closing bid price for its American Depositary Shares (ADSs) for 30 consecutive business days. To address this, SaverOne adjusted its ADS ratio from one ADS representing five ordinary shares to one ADS representing ninety ordinary shares. This change helped the company achieve the required bid price for 10 consecutive business days, thus regaining compliance. SaverOnes technology aims to reduce driver distraction by preventing access to distracting mobile applications while driving. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on the Israeli, European, and US markets.
growth-positive
SaverOne Expands European Reach in Spain and Portugal through a New Distribution Agreement with Sistemas ADAS
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, has announced a new distribution agreement with Sistemas ADAS in Spain and Portugal. This partnership is part of SaverOnes strategy to expand its global presence, following recent entries into Italy, Mexico, and several US states. The agreement aims to leverage Sistemas ADASs extensive network in the bus and truck sectors to introduce SaverOnes solutions to fleets across Spain and Portugal. The collaboration is expected to enhance road safety by reducing driver distraction through SaverOnes innovative technology. The expansion into these markets aligns with SaverOnes goal to address the growing demand for safety solutions, driven by anticipated EU regulations. The announcement was made on October 9, 2024.
Partners
growth-positive
SaverOne Announces First Distribution Agreement in the United States
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, has signed a new distribution agreement with Motor Supply Inc. This agreement grants Motor Supply exclusive rights in 10 U.S. states to sell, install, and support SaverOnes solutions. The partnership is expected to secure a minimum of 37,600 installations over the next five years, significantly expanding SaverOnes presence in the U.S. market. The agreement follows a successful pilot program and is seen as a major step in SaverOnes global growth strategy.
PartnersCustomers
growth-positive
SaverOne Announces New Pilot with Malta Public Transport Company
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, announced a new pilot project with Malta Public Transport Company (MPTC). The pilot involves testing SaverOnes system, which aims to reduce driver distraction caused by mobile phone use, on MPTCs buses. The installation was done in collaboration with GVZ Components, SaverOnes regional distributor. If successful, MPTC may equip its entire fleet with the SaverOne system in 2025. This initiative marks SaverOnes expansion into the European market and underscores its growing international presence.
CustomersPartners
growth-positive
SaverOne Launches Four Pilot Projects with Customers of Volvo Buses Mexico
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced the launch of four new pilot projects with Volvo Buses Mexico. This follows an OEM agreement signed with Volvo Group in March 2024, allowing SaverOnes safety solutions to be integrated into Volvos assembly line and retrofitted in existing buses. The pilots, involving 20 buses in Mexico City and Monterrey, aim to prevent driver distraction from mobile phones. SaverOnes CEO, Ori Gilboa, highlighted the potential for further collaboration with Volvo subsidiaries globally. The companys technology targets commercial and private vehicle fleets to reduce accidents caused by mobile phone distractions.
CustomersPartners
growth-positive
Froneri Israel Orders SaverOne Systems to Provide Safety Coverage for its Entire Fleet
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, announced that Froneri has extended its agreement with SaverOne. Froneri will update and equip SaverOne systems across its entire fleet of employee vehicles and distribution trucks in Israel. This expansion is a testament to the effectiveness of SaverOnes technology in preventing driver distraction and enhancing safety. SaverOne aims to broaden its partnership with Froneri to include other subsidiaries globally. The company focuses on reducing road accidents caused by mobile phone distractions and has developed solutions for both aftermarket and OEM installations.
CustomersPartners
growth-negative
SVRE: Domestic operations struggled in the first half of 2024. The company’s focus remains on controlling costs.
SaverOne 2014 (NASDAQ:SVRE) reported disappointing results for the first half of 2024, with total revenues of just $129k USD. The company is focusing on controlling costs and has lowered its revenue outlook for the next 12 months. SaverOne announced a small acquisition of an in-vehicle camera line from Micronet, an Israel-based company. The company has been actively raising funds through its standby equity agreement, leading to significant dilution. The target valuation for the company has been adjusted to roughly $20 million, with a projected ADS count of 38 million by mid-2025.
AcquisitionInvestment
growth-positive
SaverOne Reports First Half 2024 Results
SaverOne 2014 Ltd., a company specializing in transportation safety and ADAS technologies, reported its financial results for the first half of 2024. The company saw a significant reduction in operating expenses and net loss, despite a decrease in revenue. Key business updates include OEM agreements with Volvo Group and IVECO, new customer orders, and international pilot projects. SaverOne also announced a spinoff to develop its VRU sensor solution, with a projected market potential of $1.5 billion by 2035. The company secured an equity line of $15 million in July 2024 to support its growth initiatives.
CustomersPartnersInvestmentExpand
growth-positive
SaverOne Announces Strategic Acquisition of Micronet’s Generation-3 Camera IP
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced a strategic asset purchase agreement for Micronet Ltd.’s Generation-3 camera products and intellectual property. This acquisition aligns with SaverOne’s strategy to expand its portfolio and enhance its product offerings. The deal is structured as an earn-out agreement, with future royalty payments to Micronet contingent upon the sale of products incorporating the acquired technology. The acquisition is expected to support future revenue growth and new customer acquisition, particularly in the United States.
Acquisition
growth-positive
Egged Tours Broaden Installation of SaverOne System Across its Entire Bus Fleet
SaverOne 2014 Ltd., a technology company that provides transportation safety solutions, has announced that it will install its SaverOne system on all buses of Egged Tours central hub. The system prevents cell phone distractions by bus drivers, thus enhancing safety. The project will see the system installed on 60 buses, in addition to the 70 buses already equipped with the system. Egged Tours is a subsidiary of Egged Transportation, Israels largest public bus fleet, representing a significant sales potential for SaverOne.
CustomersPartnersExpand
growth-positive
Global Food Manufacturer Adopts SaverOne System for Supply Chain Truck Protection
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a new order from the Israeli subsidiary of a leading global food manufacturer. The customer has ordered the SaverOne System to be installed on 46 of their trucks following a successful pilot. The system is designed to prevent driver distraction, a leading cause of road accidents. The customers supply chain will be better protected from disruption due to accidents caused by driver distraction. The company sees strong international growth potential with this customer and aims to further penetrate the customer’s global organization.
CustomersExpand
growth-positive
Global Food Manufacturer Expands Installation of SaverOne Protection System
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has received a new order for 50 SaverOne Systems from the Israeli subsidiary of a leading global food manufacturer. The systems will be installed in their employee vehicles. This follows several successful trial phases and a previous order in November 2022. The companys CEO, Ori Gilboa, expressed satisfaction with the order and noted the potential for significant growth. SaverOnes system is designed to reduce driver distraction and enhance safety.
CustomersExpand
growth-positive
SVRE: Offers a vision to protect vulnerable road users. Forms new subsidiary to commercialize the technology.
SaverOne has published a pitch deck detailing the potential of the vulnerable road user safety market. The company expects to deliver a minimum viable product (MVP) of its solution in 2025 and commercialization in 2028. It also anticipates needing around $35 million of outside capital for this, which it hopes to secure from a strategic partner. SaverOne has received a purchase order for a proof-of-concept for its solution from long-term partner Iveco. The company also announced that it had received a new patent from the European Patent Office.
InvestmentPartnersCustomers
growth-positive
SaverOne: External Analysis Projects Annual $1.5 Billion Market Potential by 2035 for its RF-ADAS Technology
SaverOne 2014 Ltd. is establishing a new company dedicated to its Vulnerable Road User (VRU) solution, leveraging its RF Advanced Driver Assistance System (ADAS) sensor technology. This decision follows a project by a global consultancy firm that projected a market potential of $1.5 billion annually by 2035 for SaverOne’s technology. The company recently received a purchase order from European OEM, IVECO, for a proof-of-concept order of its VRU solution. SaverOne is actively seeking potential investors and strategic partners to support the new company.
CustomersPartnersInvestmentExpand
Growth-Negative
SaverOne Announces Receipt of Nasdaq Minimum Bid Price Notification
SaverOne 2014 Ltd., a technology company focused on transportation safety solutions, has been notified by Nasdaq that it is not in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing. The company has been given a compliance period of 180 days, until November 13, 2024, to regain compliance. If the company does not regain compliance within this period, it may be eligible for an additional 180-day compliance period. If the company fails to regain compliance within the allotted periods, its shares may be subject to delisting.
Public Trading
growth-positive
SaverOne Granted New European Patent Strengthening its 23 Patent IP Portfolio in Multi-Billion Dollar Safety Transportation Market
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has been awarded a new patent by the European Patent Office. The patent covers SaverOnes system and methods that use machine learning and channel fingerprinting techniques to selectively block certain functions of the drivers mobile phone while allowing full operation of other mobile devices in the vehicle. This patent increases SaverOnes portfolio to 23 patents, reflecting the companys global expansion strategy. The companys primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies.
CustomersExpand
growth-positive
SaverOne Expands its Collaboration with IVECO with its Vulnerable Road User Solution
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has received a purchase order from IVECO to develop, install, and demonstrate a proof-of-concept solution for vulnerable road user detection. This follows a collaboration agreement between the two companies in March 2024 to integrate SaverOnes in-cabin safety technology into IVECOs vehicles. The solution is expected to be installed in one of IVECOs vehicles in Europe later this year. SaverOnes technology aims to detect vulnerable road users, such as pedestrians and cyclists, based on their RF footprint, even in non-line-of-sight scenarios.
PartnersExpand
growth-positive
CEO Spotlight: SaverOne CEO Explains Why Deals Made In 2024 Steepen Company's Growth Trajectory
SaverOne 2014 Ltd., a company that develops and deploys transportation safety and advanced driver-assistance systems (ADAS) technologies, is expecting significant growth in 2024. The companys CEO, Ori Gilboa, highlighted several partnerships and deals that have positioned the company for success, including a transformative OEM deal with IVECO and an agreement with Volvo Bus Corporation in Mexico. SaverOnes technology, which limits non-essential phone and device app functionality while driving, is being adopted at a pace exceeding the companys original expectations. The company also recently announced that its system will be installed across the entire fleet of vehicles of Strauss Group, one of Israels largest food manufacturers.
PartnersCustomersExpand
Growth-Positive
SVRE: OEM agreement with IVECO announced and the company introduces a new SaaS revenue model. Dilution risk remains a concern.
SaverOne 2014 has announced an OEM agreement with IVECO, a major producer of commercial vehicles in Europe. The agreement will see SaverOnes safety technology integrated into IVECOs vehicles. The company also announced its full-year results for 2023, which showed a 128% increase in revenues year over year. However, revenues fell by over 10% in the second half of 2023. The company has been funding its operating losses by accessing its standby equity purchase agreement with YA II, which has resulted in a higher share count. Despite this, the companys shares have risen by over 40% in the past six weeks.
PartnersInvestment
Growth-Positive
SaverOne Signs Milestone OEM Agreement with IVECO
SaverOne, a technology company that develops transportation safety solutions, has signed an OEM agreement with IVECO, a brand of Iveco Group N.V. that designs, manufactures, and markets commercial vehicles. The agreement will see the integration of SaverOne’s safety technology within IVECO’s vehicles. The technology aims to prevent driver distraction from cellphone use. The first IVECO vehicles with the integrated SaverOne software solution are expected to be delivered in 2024. SaverOne’s solution will be provided to IVECO’s customers under a software-as-a-service model.
PartnersCustomersExpand
growth-positive
SaverOne Reports Full Year 2023 Results with 128% Year-over-Year Revenue Growth
SaverOne 2014 Ltd., a company developing transportation safety and advanced driver-assistance systems (ADAS) technologies, has reported a 128% year-over-year growth in 2023 revenue to NIS 2.7 million (~$0.75 million). The company has signed a first OEM agreement with Volvo Bus Corporation in Mexico and has ordered 4,600 systems by customers as of March 12, 2024. SaverOne has also expanded its relationship with Cemex, reaching new customers internationally, and has launched key pilot projects in North America and Europe. The company expects to maintain its strong momentum into 2024 and beyond.
CustomersPartnersExpand
Growth-Positive
SaverOne Engages with Top-tier Global Consultancy Firm to Develop Strategic Plan for its Vulnerable Road User (VRU) Solution.
SaverOne 2014 Ltd., a technology company that develops and sells transportation safety solutions, has announced a partnership with a top-tier global consultancy firm to develop a business model for its Vulnerable Road User (VRU) solution. The initiative aims to assess the potential of the VRU solution and understand its market potential within the automotive industry. The VRU solution enhances the performance of Advanced Driver Assistance System (ADAS) sensors by detecting pedestrians or cyclists in the vicinity of the vehicle to avoid collisions. The company is considering developing the VRU business within SaverOne or via a spin-off.
PartnersExpand
growth-positive
SaverOne and Volvo Sign New OEM Agreement to Install the SaverOne Safety Solution in Volvo Buses in Mexico
SaverOne 2014 Ltd. has announced an original equipment manufacturer (OEM) agreement with Volvo Bus Corporation for the Mexican coach-bus market. Under the agreement, SaverOnes Safety Solution, the Driver Distraction Prevention System (DDPS), will be installed in new Volvo buses manufactured for the Mexican market. The agreement also allows for a retrofit of existing buses under Volvo’s maintenance agreement. SaverOne will also provide twelve months of service and support for Volvo bus customers. The partnership marks a significant milestone for SaverOne’s penetration into international markets.
PartnersCustomersExpand
growth-positive
GB Tours to Expand its Installation of the SaverOne System Across its Full Fleet of Public Transportation and Tour Buses
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced an expanded partnership with GB Tours, a leading Israel-based public transportation company. Following a successful pilot, SaverOne will install its safety system on an additional 77 buses in GB Tours fleet. The system is designed to reduce driver distraction and improve passenger safety. The expansion represents a significant growth opportunity for SaverOne, particularly in the public transportation sector.
PartnersExpand
growth-positive
SaverOne Launches New Pilot Project in the United States
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has launched a pilot project with Motor Supply, Inc., a trucking company based in South Carolina. The pilot involves installing SaverOnes system on a portion of Motor Supplys fleet of sixteen trucks, with the aim of reducing driver distraction and enhancing road safety. If successful, the project could expand to the rest of the fleet and any future trucks that Motor Supply may operate. This is SaverOnes first pilot project in the Carolinas region of the United States.
PartnersExpand
growth-positive
SVRE: Initiating coverage of SaverOne. Striving to protect all road users from the distracting technology in vehicles.
SaverOne, a company that offers a distracted driver prevention system, is initiating coverage with a valuation of $1.80. The companys product locks down distracting apps on mobile devices when near the driver in a SaverOne-equipped vehicle. The company is targeting the aftermarket commercial vehicle market and has plans to expand its market to commercial vehicle OEMs. The companys initial customers include private and public bus fleets, industrial customers, and transportation companies. SaverOne is also developing a product to supplement Advanced Driver Assistance Systems (ADAS). The company is expected to double its revenues in 2024 and 2025.
CustomersExpandInvestment
growth-positive
SaverOne Granted New US Patent Strengthening its IP portfolio Supporting its Transportation Safety Solution
SaverOne 2014 Ltd., a technology company focused on transportation safety solutions, has been granted a new patent by the United States Patent and Trademark Office. The patent covers all aspects of SaverOnes system to prevent distraction while driving. This is the 10th patent granted out of a portfolio of 23, with 13 more applications in process. The patents are strategically filed in key markets such as the US, China, Israel, the UK, and the EU, reflecting the companys vision for global expansion. SaverOnes primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies.
Investment
growth-positive
Leading Israeli Transportation Company Egged Tours Selects SaverOne's Driver Distraction Solution System
SaverOne 2014 Ltd. has secured a new customer, Egged Tours, with a contract to install 300 SaverOne Systems on all of its buses. Egged Tours, which operates the largest tour bus fleet in Israel, is a subsidiary of Egged Transportation, Israels largest bus company. The SaverOne system is installed in vehicles to provide a solution to the problem of driver distraction, a major cause of traffic accidents. The system specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others (e.g. navigation, calls), without the need for user intervention or consent.
CustomersExpand
growth-positive
SaverOne Signs Contract to Install its Systems on 300 Buses of Leading Israeli Transportation Company Bon Tour
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, has secured a new customer, Bon Tour, with an order of 300 SaverOne Systems. Bon Tour, one of the leading private transit companies in Israel, will install 50 systems on its buses and minibuses in the coming month, with a further 250 systems expected to be installed subsequently. SaverOnes system is designed to combat driver distraction, a major cause of road accidents worldwide. The companys primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies.
CustomersExpand
growth-positive
SaverOne to Install its System Across Entire Strauss Group Fleet
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, has announced that its system will be installed across the entire fleet of Strauss Group, one of the largest food manufacturers in Israel. This follows a successful trial on 17 Strauss trucks, which saw a significant reduction in accident rates. The SaverOne system is designed to prevent driver distraction by limiting access to certain mobile phone applications while driving. The companys primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies.
CustomersPartners
growth-positive
TalkMarkets Announces Company Spotlight Featuring SaverOne
TalkMarkets.com has highlighted SaverOne, a US-listed early-stage driving technology company, in a company spotlight series. SaverOne aims to make roads safer through a cellular network-based technological solution to reduce road accidents. The companys market cap is around $5 million and it has been gaining traction with revenues up 4X year-over-year at $400k in H1 2023. The company has 3,000 customer installations as of August 2023, a 70% increase in 5 months. SaverOne has over 20 patents for its solution and has started gaining solid traction in Europe and has begun trials in the US.
CustomersPublic Trading
growth-positive
SaverOne Enters into Term Sheet to Acquire Assets and Operations of Micronet Ltd.
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has signed a term sheet for the strategic acquisition of certain operations, products and IP of Micronet Ltd., a developer of advanced telematics systems cameras and Driver Monitoring Systems (DMS). This acquisition is expected to broaden SaverOnes product portfolio and customer base, and accelerate its go-to-market strategy in the US market. The deal is expected to be signed and close in early 2024. The acquisition is expected to be immediately accretive to SaverOne following the closing.
AcquisitionExpand
growth-positive
SaverOne: Publicly Traded Tech Startup with Highly Positively Skewed Risk-Reward Ratio
SaverOne, a Nasdaq-listed technology startup, is focusing on the self-driving/EV space with a product that aims to reduce car accidents caused by distracted driving. Despite a low market cap of around $4m, the company has reported a 4X YoY revenue growth in H1 2023. SaverOnes technology can pinpoint the source of radiofrequency waves from a cellphone, blocking distracting apps from the drivers phone. The company has signed a MoU with Iveco, Fiats truck subsidiary, to integrate the system into Iveco trucks. SaverOnes potential market includes corporate and public service fleets globally. The companys largest customer to date is Elektra Afikim, an Israeli public bus company.
CustomersPartnersInvestmentExpand
Growth-Negative
SaverOne Announces Withdrawal of Proposed Public Offering
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has withdrawn its previously announced proposed underwritten public offering of securities due to market conditions. The company, which is engaged in the design, development, and commercialization of solutions to lower the risk of vehicle accidents, did not provide further details about the withdrawal. The announcement comes amidst a series of forward-looking statements about the companys plans and expectations.
Public TradingInvestment
growth-positive
SaverOne Announces New Pilot with Milan-based System Logistics
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a new pilot with Italian company, System Logistics. The pilot will take place on a number of vehicles from System Logistics fleet and if successful, has the potential to lead to equipping additional vehicles in the fleet. This is SaverOnes second pilot project with a fleet customer in Italy and follows SaverOnes increased focus on the region. The companys primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies.
CustomersPartnersExpand
growth-positive
SaverOne Announces Proposed Underwritten Public Offering
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced its intention to offer its American Depositary Shares in a firm commitment underwritten public offering. The company plans to use the proceeds from this offering for global sales and marketing expansion, research and development, and for working capital and general corporate purposes. The offering is subject to market conditions. Alexander Capital L.P. is acting as the sole book-running manager for the offering.
Public TradingInvestment
growth-positive
Israeli Tech Deters Distracted Drivers In New Italian Pilot
Israeli tech company SaverOnes system, which prevents drivers from accessing distracting apps, will be used in a new pilot by System Logistics, an Italian automated warehousing manufacturer. The technology differentiates between passengers and the driver, allowing only the latter to use certain apps. The system will initially be implemented in a number of vehicles from the System Logistics fleet. If successful, it could be equipped in more of the company’s vehicles. This marks SaverOnes second Italian customer after Iveco, a transport vehicle manufacturer.
PartnersCustomers
growth-positive
SaverOne Announces First Strategic Pilot in Italy with Tecne Autostrade
SaverOne 2014 Ltd., a transportation safety solutions company, has announced a pilot project with Tecne, the engineering company of Gruppo Autostrade per lItalia. The pilot will integrate SaverOnes Driver Distraction Prevention System (DDPS) into 10 vehicles within Tecne Autostrades fleet of 3,000 vehicles. This project aligns with SaverOnes strategy to broaden its presence in European markets. It follows the recent strategic appointment of Mr. Tal Yihie as Italian Country Partner, a new distribution agreement with Milan-based GVZ, and ongoing work with Italian-based OEM Iveco.
PartnersExpand
growth-positive
SaverOne Targets Reducing The 1.6 Million Accidents And Related Fatalities Caused By Distracted Driving
SaverOne, a company that offers an In-Cabin Driver Distraction Prevention Solution (DDPS), is gaining attention in diverse markets for its technology that disables non-emergency functions on a drivers cell phone to prevent distracted driving. The company recently entered a memorandum of understanding with IVECO, a truck manufacturer, to integrate its solution into IVECOs trucks. It also secured an order from Electra Afikim, an Israeli public transportation company, to install its system in approximately 1,200 buses. SaverOne reported a year-over-year revenue increase in the first half of 2023, reaching approximately $400k from the roughly 3,000 installed units.
CustomersPartnersExpand
growth-positive
SaverOne Secures 4,300 System Orders To Battle Distracted Driver Dilemma
SaverOne 2014 Ltd. has developed a product to reduce mobile phone use while driving. The In-Cabin Driver Distraction Prevention Solution (DDPS), also known as the SaverOne system, uses technology to identify when a cell phone is near the drivers seat and block access to distracting apps. The company has secured orders for roughly 4,300 systems, with about 3,000 already installed. SaverOne has also signed a distribution agreement with GVZ Company, based in Milan. The company reported a significant increase in year-over-year revenues, reaching roughly $400k in the first half of 2023.
CustomersPartnersExpand
growth-positive
SVRE: Restoring focus behind the wheel in a world full of distractions.
SaverOne, a company that offers solutions to combat distracted driving, has developed a product that detects and locates a drivers cell phone radiofrequency signal. The product, an In-Cabin Driver Distraction Prevention Solution (DDPS), identifies if a cell phone is near the drivers seat and blocks access to distracting apps while still allowing necessary apps like navigation. The company launched this product in 2019 in Israel and has since installed about 3,000 systems. SaverOne has also developed an OEM solution that could be integrated into a vehicle as its built. The company has announced one OEM partnership with a major truck manufacturer, Iveco.
PartnersExpand
growth-positive
SaverOne Advances its Global Sales Strategy and Appoints European Distributor
SaverOne, a technology company specializing in transportation safety solutions, has announced its expansion into European markets. The company has signed a distribution agreement with Milan-based GVZ Company, which specializes in automotive components and solutions. GVZ will market, sell, install, and provide local support for SaverOnes DDPS products in the region. SaverOne has also appointed Tal Yihie as its Italian Country Partner to support sales efforts in the region. The company has also completed a pilot project with Cemex in Spain and is in discussions for new pilot projects in Italy.
PartnersExpand
Growth-Negative
SaverOne Announces Receipt of Nasdaq Minimum Bid Price Notification
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has been notified by the Nasdaq Stock Market that it is not in compliance with Nasdaq Listing Rule 5550(a)(2). The companys closing bid price for its American Depositary Shares has been below $1.00 per share for the last 30 consecutive business days. SaverOne has been granted a 180-calendar day compliance period, until April 22, 2024, to regain compliance. If the company does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the company’s American Depositary Shares will be subject to delisting.
Public Trading
growth-positive
SaverOne Affirms that it has not Experienced any Disruption to its Business Operations in Israel
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has confirmed that its operations in Israel have not been impacted by the recent terrorist attacks and the subsequent declaration of war by the Israeli government. The company continues to monitor its activities and make necessary adjustments to ensure smooth business continuity. SaverOnes system, which is installed in vehicles, aims to reduce driver distraction caused by mobile phone usage, a leading cause of road accidents. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies, primarily in the Israeli, European, and US markets.
CustomersPartners
growth-positive
SaverOne Expands Presence across Private and School Bus Fleets with Six New Customer Wins
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced the acquisition of six new customers in the private bus fleet industry. The company has reported initial orders of 90 new installations of its in-cabin Driver Distraction Prevention Solution (DDPS), primarily on school buses. This represents a portion of the full bus fleets of these customers and there is potential for further orders in the coming weeks. The companys DDPS technology selectively disables the drivers mobile distractions, ensuring passenger safety.
CustomersExpand
growth-positive
SaverOne Expand its Cooperation with Cemex: Launches First European Pilot with Cemex in Spain
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, is launching a pilot with Cemex in Spain. The pilot will cover ten trucks in two regions and follows a successful installation of SaverOnes solution across Cemex Israels full fleet of vehicles. This marks a significant milestone for SaverOne as it represents their first pilot in Europe. The companys system is designed to reduce driver distraction by preventing the driver from accessing distracting applications while driving, thereby creating a safer driving environment.
PartnersExpand
Growth-Positive
SaverOne to Present at the H.C. Wainwright 25th Annual Global Investment Conference
SaverOne 2014 Ltd., a technology company focused on advanced transportation safety solutions, announced that its CEO, Mr. Ori Gilboa, will present virtually at the H.C. Wainwright 25th Annual Global Investment Conference from September 11-15, 2023. The companys system is designed to reduce driver distraction caused by mobile phone use, a major cause of road accidents. SaverOnes primary markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. The company believes that increased focus on monitoring and prevention of cellular distraction systems in vehicles will likely have a positive impact on the demand for its systems in the future.
InvestmentManagement Changes
growth-positive
SaverOne Reports First Half 2023 Results with Strong Revenue Growth
SaverOne 2014 Ltd., a company developing transportation safety and advanced driver-assistance systems, has reported a 286% YoY growth in revenue for H1 2023. The company has also expanded its customer base with around 4,300 systems ordered by customers as of August 29, 2023. SaverOne is planning to advance development activities with IVECO in Q4 2023, with sales to customers planned for 2024. The company has also made several changes to its senior management to strengthen its global sales and business development efforts.
CustomersPartnersManagement ChangesExpand
growth-positive
SaverOne Launches Three New International Pilot Projects
SaverOne 2014 Ltd. has announced the launch of three new international pilot projects for its technology to prevent driver distraction from cellphones. The projects involve heavy trucks of a fuel delivery company in the United States, heavy trucks of a global building materials companys subsidiary in Europe, and buses in a country in the Gulf region. The companys technology aims to reduce accidents, improve road safety, and save lives. SaverOnes primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. The company plans to provide its technology for installation to customers in the aftermarket and address OEM vehicle manufacturers. The demand for SaverOnes systems is expected to increase in the future due to the focus on monitoring and prevention of cellular distraction systems in vehicles.
Customers
growth-positive
SaverOne Strengthens Senior Management with Focus on Global Sales and Business Development
SaverOne 2014 Ltd. has announced the appointment of new senior executives, including a Chief Financial Officer and three marketing and business development personnel. The new hires are expected to strengthen the companys management team and support its expansion strategy in international markets and Israel. The appointments reflect the companys commitment to driving innovation and providing advanced transportation safety solutions. The former Chief Marketing Officer and CFO are leaving the company to pursue other opportunities. SaverOnes system is designed to prevent driver distraction caused by mobile phone use while driving, with a focus on commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. The company aims to provide its technology for installation in both aftermarket and OEM vehicles.
Management Changes
growth-positive
SaverOne to Release First Half 2023 Results and Schedules Investor Webinar on August 29, 2023
SaverOne 2014 Ltd. announced that it will be releasing its financial results for the first half of 2023 and hosting an investor webinar. The company is engaged in advanced transportation safety solutions, specifically addressing the problem of driver distraction caused by mobile phone use while driving. SaverOnes technology prevents drivers from accessing distracting applications while allowing others. The companys primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. SaverOne aims to provide its technology for installation to customers in the aftermarket and OEM vehicle manufacturers. The company believes that increased focus on monitoring and prevention of cellular distraction systems in vehicles will have a positive impact on the demand for its systems in the future.
Investment
growth-positive
SaverOne Announces New Contract Win with Diplomat- a Leading Importer and Distributor of Consumer Goods throughout Israel
SaverOne, a tech company specializing in transportation safety solutions, has announced a new contract with Diplomat, Israels leading importer and distributor of consumer goods. The contract involves the installation of SaverOnes system, designed to prevent driver distraction from mobile phones, on 20 trucks in Diplomats fleet. Following a pilot phase, Diplomat has the option to install the system on the remaining 25 trucks in its fleet. The partnership is part of SaverOnes dedication to enhancing road safety.
PartnersCustomers
growth-positive
The Road to Safety; the Answer to Driver Tech Distraction Is New Technology
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has reported a record month for new installations of its Driver Distraction Prevention Solution (DDPS) in July 2023. The company installed its safety solution on 299 new vehicles, ending the month with an install-base of approximately 2,700 in the Israeli market. This reflects growing adoption of SaverOnes DDPS system. The companys CEO, Ori Gilboa, stated that they expect to continue growing their install-base for the foreseeable future and are planning to expand into international markets. The global road safety market is projected to reach $14.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.
CustomersExpand
growth-positive
SaverOne Achieves Record Installations in July 2023
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced a record month for new installations of its Driver Distraction Prevention Solution (DDPS) in July 2023. The company installed its safety solution on 299 new vehicles, ending the month with an install-base of approximately 2,700 in the Israeli market. The companys CEO, Ori Gilboa, stated that a growing portion of their customers are local subsidiaries of global companies, and they plan to leverage these connections to expand into international markets.
CustomersExpand
growth-positive
SaverOne to Install its Technology Across 300 Passenger Cars & Trucks of Cemex Israel
SaverOne 2014 Ltd., a technology company specializing in advanced transportation safety solutions, has announced a significant contract with Cemex Israel, a subsidiary of the global Cemex Group. Following a successful trial in mid-2022, Cemex Israel decided to install SaverOnes technology across its entire fleet of employee cars and trucks. This move represents one of the largest contracts in SaverOnes history and a significant milestone in its growth strategy. The companys technology is designed to reduce driver distraction and enhance road safety.
CustomersExpand
growth-positive
SaverOne and IVECO Plan to Advance Collaboration Later This Year
SaverOne has signed a side-letter with IVECO, a commercial vehicle brand, to document their upcoming plans. The collaboration aims to integrate SaverOnes technology into IVECOs vehicles to enhance road safety. The partnership provides IVECO with an exclusivity period of up to six months. SaverOnes CEO expressed confidence in IVECOs commitment to their technology and mentioned exploring further opportunities. The parties plan to start development activities in Q4 2023, with customer rollout expected in 2024. SaverOnes system prevents driver distraction by restricting access to distracting applications on mobile phones while driving. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. The collaboration with IVECO represents a significant milestone in SaverOnes growth trajectory.
Partners
growth-positive
SaverOne Expands its Footprint Among Private Bus Fleets with Over 160 New Installations
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced an expansion of its services among bus fleets. The company has successfully installed its Driver Distraction Prevention Solution (DDPS) on over 160 buses for six customers in the private bus fleet sector. The DDPS system is designed to mitigate driver distraction from mobile applications during transit, ensuring the driver remains focused on the road. SaverOne sees great importance in this segment and aims to prioritize the safety of passengers, drivers, and pedestrians. The company believes that increased focus on monitoring and prevention of cellular distraction systems in vehicles will have a positive impact on the demand for its systems in the future.
CustomersExpand
growth-positive
SaverOne Expands Relationship with Isuzu Importer to Israel: Additional 40 Installations of Driver Distraction Prevention Solution Ordered for Isuzu Trucks
SaverOne 2014 Ltd. has received an additional order from Universal Trucks Israel, Ltd. for the installation of their In Cabin Driver Distraction Prevention Solution (DDPS) on 40 Isuzu vehicles. This order follows the successful implementation of the SaverOne system in approximately 100 Isuzu trucks last year. Universal Trucks Israel is the official Israeli importer for Isuzu vehicles and leases over 1,700 Isuzu trucks and buses to its customers. SaverOne aims to integrate their technology broadly by targeting leading vehicle importers, fleet managers, and lessors. The companys system prevents driver distraction by blocking access to distracting applications on mobile phones while driving. SaverOnes primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies.
CustomersPartners
growth-positive
SaverOne Granted Key New Patent in the US which Bolsters its Position as a Transportation Safety Leader
SaverOne 2014 Ltd. has been granted its 9th patent for a new algorithmic approach to identify the locating wireless devices in a volume. The patent strengthens the companys position in the transportation safety technology sector. The technology allows in-vehicle systems to accurately locate a drivers cellphone within the vehicle, preventing the use of dangerous applications while driving and potentially avoiding collisions. SaverOne now has a total of 22 patents, with 9 granted and 13 more applications underway. The patents have been filed in multiple jurisdictions to support the companys expansion in markets such as the US, China, Israel, the UK, and EU countries. The CEO of SaverOne expressed excitement about the patent grant and highlighted the companys commitment to innovation and delivering life-saving solutions.
Customers
growth-positive
SaverOne Concludes Successful Pilot Demonstration with Abu Dhabi Integrated Transport Center
SaverOne 2014 Ltd., a technology company engaged in transportation safety solutions, has successfully concluded a pilot demonstration with Abu Dhabis Integrated Transport Centre (ITC). The demonstration showcased the effectiveness of SaverOnes system in improving road safety by preventing distracted driving due to mobile phone use on ITCs public transportation buses. The potential for the installation of the SaverOne system is the entire fleet of Abu Dhabis public transportation buses, as well as thousands of school buses operated daily throughout the country. The ITC is responsible for operating public transportation in Abu Dhabi and is committed to ensuring safe and efficient transportation. SaverOne aims to provide its system throughout the United Arab Emirates. The use of mobile phones while driving is a major cause of car accidents in the country, and the government has implemented strict laws to combat phone use while driving. The successful pilot marks a significant milestone for SaverOne in terms of global expansion.
Customers
growth-positive
SAVERONE 2014 LTD. FILES ANNUAL REPORT ON FORM 20-F FOR THE FISCAL YEAR ENDED DECEMBER 31, 2022
SaverOne 2014 Ltd. has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 with the SEC. The report is available on the SECs website and SaverOnes Investor Relations website. The company is engaged in the design, development, and commercialization of transportation safety solutions to prevent vehicle accidents. Their initial line of products focuses on preventing car accidents resulting from distraction from the use of mobile phones while driving. SaverOne is also developing a sensor system for early location and direction detection of vulnerable road users. The companys Annual Report provides information on their activities, results, and future plans.
Public Trading
growth-positive
SaverOne Signs a Contract with Lev Hasharon Regional Council to use the SaverOne System in its School Buses
The Regional Council of Lev Hasharon in Israel has signed a contract with SaverOne to install the SaverOne system on its school buses. The system aims to prevent drivers from being distracted by their mobile phones while driving students. SaverOne plans to expand the installation of its system to additional regional councils and school districts in Israel. The company focuses on transportation safety solutions and aims to address the problem of driver distraction caused by mobile phone use. The SaverOne system recognizes the driver area in the vehicle and prevents access to distracting applications. SaverOnes target markets include commercial and private vehicle fleets, insurance and leasing companies. The company believes that increased focus on monitoring and prevention of cellular distraction systems in vehicles will drive demand for its systems in the future.
Customers
growth-positive
SAVERONE ANNOUNCES NEW AGREEMENT WITH SHALTAL TO INSTALL THE SAVERONE SYSTEM ON ITS FULL FLEET OF TRUCKS
SaverOne has entered into an agreement with Shaltal Logistic and Transportation to expand the use of the SaverOne system across Shaltals fleet of 150 trucks. The system aims to improve the safety of vehicle transportation in Israel by preventing drivers from being distracted by their mobile phones. The initial pilot phase showed successful results in changing driver behavior patterns, leading to the decision to install the system on the remaining trucks. SaverOne is focused on the transportation vertical and plans to sign with more companies in the industry. Shaltal is one of the largest vehicle transport fleets in Israel, primarily transporting vehicles from the ports of Eilat and Ashdod.
Customers
growth-positive
SaverOne Continues its Successful Execution on its Strategy with Strong Revenue Growth of 165% for its Full Year 2022 Results
SaverOne 2014 Ltd., a company developing transportation safety and advanced driver-assistance systems (ADAS) technologies, has reported significant growth in 2022. The company has penetrated the fleets of large companies in Israel, received over 3,200 system orders, and won its largest order to date with Electra Afikim. SaverOne also released its Second Generation (Gen-2) Core Technology and entered the ADAS Market. The company signed an MOU with global vehicle manufacturer Iveco and joined the European Unions Regulatory Committee on Driver Distraction. SaverOne raised $13 million through its US IPO and $1.5 million through a private placement.
CustomersPartnersInvestmentExpand
growth-positive
EzFill Holdings & SaverOne Launch Pilot in Florida to Prevent Driver Distraction in Fuel Delivery Trucks
EzFill has announced a pilot program with SaverOne to install the SaverOne System on selected fuel delivery trucks. The system prevents driver distraction caused by cell phones, potentially reducing the risk of accidents. The goal of the trial is to reduce distractions from cell phone use by EzFill drivers and ultimately reduce the chances of fuel truck accidents. EzFill sees potential for this technology to be offered to its fleet customer base. SaverOne is an Israel-based technology company engaged in transportation safety systems. The pilot program represents a new step in SaverOnes strategy to expand its products and services internationally.
Partners
growth-positive
Israel's Leading Shipping & Logistics Company Expands Program with SaverOne to Cover Full Fleet of 150 Trucks
SaverOne has announced the expansion of its pilot program with Moviley Dror, a logistics and shipping company, to cover its full fleet of 150 delivery trucks in Israel. The SaverOne system, which prevents driver distraction from mobile phone use while driving, will be installed in the trucks. The expansion demonstrates the success of SaverOnes land-and-expand strategy and its goal to expand technology and services into Moviley Drors international partners. SaverOnes technology targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. The company aims to provide its technology for installation to customers in the aftermarket as well as address OEM vehicle manufacturers. The demand for SaverOnes systems is expected to increase due to the focus on monitoring and prevention of cellular distraction systems in vehicles.
PartnersCustomers
growth-positive
הישג מרשים: סייברוואן מצטרפת לוועדת הרגולוציה של האיחוד האירופי
סייברוואן מצטרפת לוועדת הרגולציה של האיחוד האירופי בנושא הסח דעת נהג. הצטרפות זו תאפשר לסייברוואן לתרום את המומחיות שלה ולעזור לעצב את העתיד של הטכנולוגיה ברכב ולשפר את הבטיחות בדרכים.
Partners
growth-positive
SaverOne Joins the European Union's Regulatory Committee on Driver Distraction
SaverOne has joined the EU Regulatory Committee on Driver Distraction as an observing member. The committee is responsible for setting EU regulations for in-vehicle technologies that detect driver distractions and improve road safety. SaverOne will contribute its expertise to help shape the future of in-vehicle technology and reduce driver distractions. The committee aims to promote regulations that require vehicle manufacturers to integrate driver distraction systems into new vehicles sold in the EU starting from July 2026. SaverOne believes that this regulation will increase awareness and demand for its technology. SaverOnes system is designed to prevent driver distraction caused by mobile phone use while driving. The companys primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies.
Partners
SaverOne Shares Pop After It Bags Record Deal For Road Safety
growth-positive
SaverOne's Largest Ever Order: Electra Afikim to Install the SaverOne System Across its Entire Bus Fleet of ∼1,200 Vehicles
Electra Afikim, one of Israels leading public transportation companies, has signed an agreement with SaverOne to install the SaverOne system across its entire fleet of public buses. The system aims to prevent bus driver distraction from mobile apps while driving, enhancing safety for drivers and passengers. The SaverOne system blocks distracting applications and messaging on the drivers mobile device during a journey, while allowing non-distracting applications. Electra Afikim plans to install the system on all its buses, making it the first public bus company in Israel to have this safety solution. The partnership with SaverOne will significantly grow the user-base of the technology company. The installation is expected to begin in the coming weeks.
Customers
growth-positive
SaverOne Wins Key New Order from Leading Israeli Construction Shapir Engineering Group
SaverOne 2014 Ltd. has announced an important new order with Shapir Engineering Group, the leading Israeli construction and infrastructure company. The order involves the installation of SaverOnes advanced technology on 20 trucks in an initial pilot phase. This win solidifies SaverOnes successful penetration into the construction industry in Israel and positions them for further expansion globally. The technology provided by SaverOne aims to prevent driver distraction caused by the use of mobile phones while driving, improving overall safety. Shapir Engineering Group is committed to safety and innovation, making them an ideal customer for SaverOnes solutions. The demand for SaverOnes systems is expected to increase in the future due to a focus on monitoring and preventing cellular distraction systems in vehicles.
Customers
growth-positive
Kfar Giladi Quarries Installs SaverOne System on its Full Fleet of Trucks
SaverOne 2014 Ltd. announced that Kfar Giladi Quarries has installed the SaverOne system on its fleet of heavy trucks. The system is designed to prevent distracted driving caused by mobile phone use. SaverOne sees potential growth in the quarrying industry and aims to penetrate the sector globally. The companys technology recognizes the driver area in the vehicle and prevents access to distracting applications. SaverOnes primary target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. The company plans to provide its technology for installation to customers in the aftermarket and OEM vehicle manufacturers. SaverOnes strategy is to lower the risk of vehicle accidents and prevent distractions from mobile phone use while driving.
Customers
growth-positive
Emek Yizrael Regional Council Installs SaverOne System on all of its School Buses
SaverOne has announced that the regional council of Emek Yizrael in Israel has installed the SaverOne system on all its school buses to prevent driver distraction from cellphones. This is in addition to other regional councils that have already implemented the system. SaverOne aims to expand its coverage and protection solution to school buses in the United States, Europe, and globally. The SaverOne system is designed to prevent drivers from accessing distracting applications on their mobile phones while driving, creating a safer driving environment. The companys target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. SaverOne plans to provide its technology for installation to customers in the aftermarket and OEM vehicle manufacturers.
Customers
growth-positive
SaverOne System Installed on the Large Food Delivery Trucks of Shufersal - Israel's Leading Supermarket
SaverOne has announced that Shufersal, Israels leading retail food chain, has installed the SaverOne system on part of its fleet of large food delivery trucks. This represents significant growth potential for SaverOne, as there is potential for further installations beyond this fleet. The SaverOne system helps prevent distracting activities that can cause accidents, such as messaging, while allowing non-distracting activities such as navigation. SaverOne believes that their system will help Shufersal lower the accident rates of its delivery trucks. This vertical of delivery trucks is a key growth area for SaverOne, as it not only has the ability to save lives but also lower the risk of significant costs, inventory losses, and disruption to companies reliant on delivery services.
CustomersPartners
growth-positive
SaverOne System Installed on the Large Food Delivery Trucks of Shufersal - Israel's Leading Supermarket
SaverOne has announced that Shufersal, Israels leading retail food chain, has installed the SaverOne system on part of its fleet of large food delivery trucks. This represents significant growth potential for SaverOne, as there is potential for further installations beyond this fleet. The SaverOne system helps prevent distracting activities that can cause accidents, such as messaging, while allowing non-distracting activities such as navigation. SaverOne believes that their system will help Shufersal lower the accident rates of its delivery trucks. This vertical of delivery trucks is a key growth area for SaverOne, as it not only has the ability to save lives but also lower the risk of significant costs, inventory losses, and disruption to companies reliant on delivery services.
Customers
New Collaboration with Colmobil - Israel Importer for Mercedez-Benz, Mitsubishi & Hyundai - to Equip Vehicles with SaverOne Protection System
growth-positive
SaverOne System Installed on the Delivery Trucks of Tempo Beverages- Israel's Leading Beverage Company
SaverOne has announced a contract with Tempo Beverages Ltd to install its transportation safety system on Tempos delivery trucks in Israel. Tempo Beverages is Israels largest brewer and second-largest beverage company, representing global brands such as PepsiCo and Nestle. The installation has been completed on a group of 30 trucks out of Tempos fleet of 120. SaverOne sees delivery trucks as a key growth area due to the potential to save lives and reduce costs associated with accidents. SaverOnes system prevents driver distraction from mobile phone use while driving. The companys target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies. SaverOne aims to provide its technology for installation in aftermarket vehicles and during the manufacturing process.
Customers
growth-positive
SaverOne Presents Business Update with YoY Revenue Growth of 127% for the First Nine Months of 2022
SaverOne 2014 Ltd., a company developing transportation safety and advanced driver-assistance systems (ADAS) technologies, has reported its best ever quarter in terms of revenues with 1,500 installations to-date. The company has successfully penetrated many large companies in Israel with significant vehicle fleets and international presence. It has also been building a strong presence among strategic international customers with subsidiaries in Israel and targets expanding its activity into the international market in 2023. The company has reported strong revenue growth with revenues of NIS 754,000 (~$213,000), an increase of 127% year-over-year. It has also announced a $1.5 million private placement with Alejandro Weinstein, a prominent private equity investor.
CustomersInvestmentExpand
growth-positive
SaverOne Signs First MOU with Leading Global Vehicle Manufacturer Iveco
SaverOne has signed a memorandum of understanding (MOU) with Iveco, a leading truck manufacturer, to integrate its transportation safety solution into Ivecos trucks. This partnership represents significant potential for long-term growth for SaverOne. Under the MOU, SaverOnes solution will be integrated into Iveco trucks starting in 2023, and the new trucks equipped with SaverOnes technology will be offered to Ivecos global customer base starting in 2024. SaverOnes solution aims to prevent driver distraction from cellphone use, which is a major cause of road accidents. The company believes that its partnership with Iveco demonstrates the value and attractiveness of its offering to vehicle manufacturers and looks forward to expanding its cooperation with additional manufacturers.
Customers
growth-positive
SaverOne Enters ADAS Market - Leveraging its new Gen-2 Technology for Detection of Vulnerable Road Users
SaverOne has completed a proof-of-concept demonstration with a major European bus and truck manufacturer, showcasing its new solution for Vulnerable Road Users (VRU) detection. The technology enhances the performance of current Advanced Driver Assistance System (ADAS) sensors and can detect VRUs in adverse weather conditions and low-visibility. SaverOne aims to enter the ADAS sensor market and sees strong growth potential in both the OEM and after-market. The company plans to provide an after-market and integrated solution to the manufacturer and hopes to integrate its technology into the vehicle manufacturing process. SaverOne will host an investor webinar on October 20, 2022, to discuss recent news.
Partners
growth-positive
SaverOne Announces Generation-2 of its Core Technology and Global Aftermarket Product
SaverOne 2014 Ltd. has announced the release of its second generation technological platform for transportation safety solutions. The new platform will solve the problem of driver cellular distraction and has passed certification tests by international regulatory bodies. The platform will be used for SaverOnes OEM solution for vehicle manufacturers and other verticals within the automotive industry. The release of the second generation product marks a significant milestone for the company and will enable global sales expansion. SaverOnes technology aims to prevent driver distraction from mobile phone use while driving, which is a major cause of road accidents. The companys primary target markets include commercial and private vehicle fleets, insurance and leasing companies. SaverOne believes that upcoming EU regulation will increase demand for its systems in the future.
CustomersPartners
growth-positive
SaverOne Provides its Solution for ReadyMix Industries in Israel - Part of the Global Cemex Group
SaverOne has completed the first installation phase of its transportation safety solution with ReadyMix Industries, a subsidiary of the Cemex Group. SaverOne successfully installed its systems into ten ReadyMix trucks, with the potential for hundreds more in Israel and worldwide. The company is focusing on the Israeli market initially but plans to expand globally. SaverOnes technology prevents driver distraction by blocking access to specific distracting applications on mobile devices while driving. The companys target markets include commercial and private vehicle fleets, insurance and leasing companies. SaverOne aims to address vehicle manufacturers in the future. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.
CustomersPartners
growth-positive
SaverOne Reports Five New Agreements with Leading Companies and Growing Market Traction
SaverOne has announced new pilot agreements with leading companies in Israel for its transportation safety solutions. The agreements include companies such as Tempo, Novolog, Flex Storage, Bezeq, and Cellcom, with a total fleet of over one thousand vehicles. These pilots demonstrate the success of SaverOnes vertically focused approach and expand its addressable markets. Many of the agreements are with the local Israeli branches of international companies, which is expected to support SaverOnes international expansion. SaverOnes technology aims to prevent drivers from using dangerous mobile phone applications while driving, reducing the risk of accidents. The company primarily targets commercial and private vehicle fleets, insurance companies, and leasing companies. SaverOne plans to address vehicle manufacturers in the future and believes that increasing regulations on cellular distraction systems in vehicles will drive demand for its solutions.
CustomersPartners
growth-negative
סייברוואן התרסקה: השקעה נוספת של קשת בהנפקות טכנולוגיה נכשלת
Cyberwan, a technology company, saw its stock fall at the opening of the trading week after completing its pricing on NASDAQ and announcing a $13 million raise. The company, which developed technology to prevent distraction from the mobile phone while driving, was first issued in Tel Aviv in June 2020. The companys current value is less than $10 million, lower than the amount of money the company raised for its treasury at the end of the week. The company expects to use $4 million of the fundraising money to develop the next generations of its technology.
InvestmentPublic Trading
growth-positive
SaverOne 2014 Ltd. Announces Pricing of $13 Million Public Offering and Nasdaq Listing
SaverOne 2014 Ltd. has announced the pricing of its underwritten U.S. initial public offering, with gross proceeds of approximately $13 million. The company plans to use the proceeds for global sales and marketing expansion, research and development, and possible future acquisitions. The offering is expected to close on June 7, 2022. ThinkEquity is acting as the sole book-running manager for the offering.
Public TradingInvestment
growth-positive
Israeli car safety co SaverOne files for Nasdaq IPO
Israeli driver safety tech developer SaverOne has filed a prospectus for a Nasdaq IPO. The company develops and markets technology to prevent distractions from cellular telephones while driving. SaverOne previously held an IPO on the Tel Aviv Stock Exchange in mid-2020. It reported revenue of NIS 450,000 in 2021 and a net loss of NIS 26.5 million. SaverOnes most significant shareholders are Ronen Weisberg, Ituran Location and Control, Universal Motors, Yaakov Tenenbaum, and More Investment House.
Public Trading
סייברוואן בדרך לוול סטריט: הגישה טיוטת תשקיף חסויה
growth-positive
חברת SaverOne תתקין 140 מערכות בצי הרכבים של תנובה
Following a successful pilot agreement with Tnuva, SaverOne has been contracted to install 140 trade systems in Tnuvas vehicle fleet. This is in addition to the 25 systems already installed. SaverOne has also received trade orders for hundreds of systems from Millennium Group, Pro-Nir Israel, Flex Israel, and the Israel Electric Corporation. The company is currently conducting active pilots and expects to secure similar trade agreements. SaverOnes technology aims to prevent driver distraction by blocking access to various mobile applications while driving, creating a safe and quiet driving environment.
Partners
growth-positive
סייברוואן ממשיכה להתקדם לקראת הנפקה בבורסת נאדס"ק
סייברוואן, a technology company that developed a system to address distracted driving, has announced its preliminary plans to go public on the NASDAQ. The company has reached out to Truist Securities, an American investment bank, to raise strategic investors from the global automotive industry. The company is also in contact with relevant professionals to facilitate the IPO process. CyberValets technology aims to prevent distracted driving by restricting access to various applications on mobile devices, creating a safe driving environment. The companys initial target market includes commercial and private vehicle fleets. Truist Securities is a leading American bank with assets under management of $509 billion and is ranked fifth and sixth in size in loans and asset volume in the US, respectively.
Investment
growth-positive
סייברוואן מתקדמת לוול סטריט ומכוונת לשווי של 120 מיליון דולר
Cyberwan, a technology company that developed a solution to prevent distractions from mobile phones while driving, is considering an IPO or a merger with a SPAC company. The company is expected to choose an investment bank soon to accompany it in the process. The minimum value sought in a SPAC merger is $120 million. If the process is successful, a significant value increase is expected, as Cyberwans current market value in Tel Aviv is about $68 million. The company recently received inquiries from several American investors about investing in its shares and registering its shares on NASDAQ.
Public TradingInvestment
growth-positive
סייברוואן תבצע פיילוט עם יצרנית המשאיות אייבקו - השלישית בגודלה בעולם
סייברוואן ויצרנית המשאיות IVECO יבצעו פיילוט עם מערכת היסח הדעת בנהיגה של סייברוואן כחלק מהמשאיות של IVECO. זהו הפיילוט הראשון של סייברוואן עם יצרנית רכב. מניה של סייברוואן עלתה בכ-8% בבורסת תל אביב.
Partners
growth-positive
SaverOne explores the possibility of an IPO or listing of its shares on NASDAQ
SaverOne, a high-tech company that has developed a system to prevent driver distraction from cell phone usage, is considering an IPO and/or listing on NASDAQ. The company has been contacted by U.S. investment entities and aims to expand its international operations. The SaverOne system blocks access to various apps on mobile devices while driving, reducing the risk of accidents. The companys initial target market includes commercial and private vehicle fleets. SaverOne has signed agreements with companies like Froneri and Millennium for the installation of its systems. The company is also piloting its technology with organizations like the IDF and Israel Electric Corp. SaverOne is traded on the Tel Aviv Stock Exchange and has a professional and experienced team.
Public TradingExpand
growth-positive
Israeli driver safety co SaverOne mulls Nasdaq offering
Israeli driver safety company SaverOne, which developed a system to prevent the use of dangerous applications while driving, is considering a Nasdaq offering or listing its shares on Wall Street. Since its IPO in June 2020, SaverOnes share price has risen 80%, and the company ended 2020 with increased revenue and a net loss. The company has received inquiries from American investors and is expanding its activities overseas. SaverOnes CEO is Ori Gilboa, and the VP of Business Development and Director of International Operations is Gil Sheratzky.
Public TradingInvestment
growth-positive
סייברוואן תתקין 30 מערכות בחברת "קווים"
סייברוואן תתקין 30 מערכות באוטובוסים של חברת קווים בפיילוט, עם אופציה לרכישה של עד 1,500 מערכות נוספות. ההסכם מהווה אבן דרך לחברה ומאפשר חדירה לשוק גדול ומשמעותי בתחום התחבורה. סייברוואן פיתחה מערכת המסייעת לנהגים להימנע משימוש בטלפון סלולרי במהלך הנהיגה, ומתכננת לשפר את המערכת ולמכור אותה ברחבי העולם. הסכם שיתוף פעולה נחתם עם חברת אלדן להתקנה ושירות של מערכות Saverone ברכבים שהיא מחכירה ללקוחותיה.
PartnersCustomers
growth-positive
סייברוואן חתמה על הסכמים לביצוע פיילוטים עם 4 גופים
SaverOne, an Israeli company that develops systems to prevent distracted driving, has signed new pilot agreements with several companies and organizations. The agreements include the installation of SaverOnes systems in vehicles owned by Nesher Israel, Plasson, Israel Post, and the Bnei Shimon Regional Council. These new agreements add to the companys existing pilots with the Israel Electric Corporation, Israel Railways, the IDF, and others. The companys technology works by preventing access to various applications on a device, creating a quiet and safe driving environment.
Partners
growth-positive
סייברוואן מגייסת הון ממוסדיים לאחר שהכפילה את שווייה
Israeli start-up SaverOne, which has developed technology to prevent distractions from mobile phones while driving, has raised 21.6 million shekels from institutional investors. This comes after the companys stock has risen by approximately 100% since it began trading on the Tel Aviv Stock Exchange in June this year. The current fundraising round could increase by an additional 15 million shekels if the investors choose to exercise options they have received. The funds will be used to implement the companys development plan, including further development of the systems capabilities, development of a solution for public transportation, and development of the next generation of the system.
Investment
growth-positive
סייברוואן תבצע פיילוט עם משטרת ישראל
Israeli technology company Cellebrite has announced a partnership with the Israel Police to conduct a unique pilot study. The study will involve the installation of Cellebrites unique system in police vehicles to combat distracted driving due to mobile phone use. The pilot will involve 40 police vehicles, 20 of which will have the Cellebrite system installed. The company believes that if the research data confirms the effectiveness of the Cellebrite system, it could deepen its commercial ties with the Israel Police.
Partners
growth-positive
"Covid-19 has better PR, but texting while driving is deadlier"
SaverOne, a technology company that develops solutions to prevent mobile distractions while driving, went public on the Tel Aviv Stock Exchange in June 2020. The company raised $10 million before its IPO and an additional NIS 26 million during the float. SaverOne is currently traded at a market cap of NIS 110 million. The company, which was not significantly affected by the Covid-19 pandemic, has been recruiting workers and plans to hire at least ten more in the coming months. SaverOne is also in the process of developing a product for buses and hopes to launch it by the end of the year.
Public TradingInvestmentExpand
growth-positive
Driving safety co SaverOne raises NIS 26m in IPO
SaverOne, a driving safety solutions company, raised NIS 26 million in an IPO on the Tel Aviv Stock Exchange. The offering closed at NIS 16.4 per share, valuing the company at NIS 87 million. SaverOne has developed a system to prevent distraction from mobile phone use while driving. The company has collaboration agreements with Israel Police, Dan Bus Company, and Harel Insurance Investments and Financial Services Ltd. SaverOnes CEO is Ori Gilboa and its chairman is Jacob Tenenboem.
InvestmentPublic Trading
growth-positive
SaverOne to hold TASE IPO despite 'going concern' warning
SaverOne plans to raise NIS 18-26 million in its IPO on the Tel Aviv Stock Exchange. The company has developed a system to prevent distraction from mobile phones while driving. The IPO will value the company at NIS 100 million. SaverOne has collaboration agreements with Israel Police, Dan Bus Company, and Harel Insurance Investments and Financial Services Ltd. The companys auditors have expressed concerns about its ability to meet its development targets and secure financing. SaverOne estimates that the market for its system will be worth $70 billion when regulations requiring its use come into force.
InvestmentPublic Trading
SaverOne Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 37 |
| Team members | 5 |
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SaverOne Internal
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Admin Info
| Confidence | 102/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515154607 |
| Crunchbase | saver1 |
| Phone | +97239094177 |
| Creator | Rachel Wain |
| Creator email | rachelwain18@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-04-17T00:00:00.000Z |
| Created | 2014-12-03T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Public on TASE on Jun, 2020;Public on NASDAQ on Jun, 2022; |