Questar Overview
Questar Auto Technologies is a predictive vehicle health company introducing AI technology for the automotive industry, including AI-based analytics software and advanced telematics. The company's platform is designed to help vehicle fleets significantly reduce their operating and maintenance costs while enabling automakers to reduce the cost of vehicle development, improve vehicle quality, lower warranty claims costs, and more. Questars solutions also allow automakers and their customers to offer advanced connected services and create new business models that can increase their revenue.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Questar's AI-based Vehicle Health Management Platform Reveals Malfunctions in Bus Fleet, Reducing Safety Risks, Saving Repair Costs, and Improving Uptime
Questar Auto Technologies announced that its Vehicle Health Management Platform successfully provided early warning of major malfunctions in 10% of a bus fleet operated by Kavim Public Transportation. By identifying vehicle malfunctions before they turn into expensive or unsafe issues, Questar helps fleet owners save money and ensures passenger safety. The technology enables a reduction in costs on spare parts, fuel consumption, accidents, and unnecessary downtime. Questars AI-driven solution converts vehicle data into actionable insights, allowing OEMs and Tier 1 suppliers to lower design costs and commercial fleets to increase uptime and reduce total cost of ownership. The company is headquartered in Tel Aviv.
Customers
growth-positive
Questar Demonstrates a Predictive Maintenance Solution integrated with Microsoft Azure IoT and Microsoft Dynamics 365 Field Service at TMC in Collaboration with DSA
Questar Auto Technologies will demonstrate its advanced predictive maintenance capabilities in collaboration with Microsoft and DSA at the TMC Annual Meeting. The collaboration aims to provide vehicle health management services to OEMs and fleets using Questars vInsight AI Platform and Microsoft Dynamics 365 Field Service application. The solution maximizes vehicle uptime and reduces total cost of ownership for commercial fleets. Most telematics solutions only provide reactive diagnostics, but Questars proactive maintenance alerts enable more proactive and cost-effective field service. The demo will be showcased at the TMC Annual Meeting in Orlando.
PartnersCustomers
growth-positive
Introducing Questar: The AI-Driven Automotive Solution that Converts Vehicle Data into Actionable Insights
Questar Auto Technologies, an AI solutions provider, has been formed following the acquisition of automotive AI company SafeRide Technologies by Traffilog. Questar will collaborate with automakers and Tier 1 suppliers to integrate its AI-based software products into next-generation vehicles, aiming to create a paradigm shift in vehicle and fleet analytics. The companys solutions enable commercial fleet owners to increase uptime, reduce costs, improve safety, and streamline operations. Questars technology is deployed in over 350K vehicles across more than 20 countries. The company will be appearing under its new name at CES 2022. Questar was formed in 2021 and is headquartered in Tel Aviv.
Acquisition
growth-positive
Traffilog, SafeRide negotiating $1 billion SPAC merger
Israeli autotech companies Traffilog and SafeRide are in advanced negotiations to go public in the U.S. through a merger with a SPAC. The merged company is valued at $1 billion and will focus on gathering data from vehicles to identify malfunctions and required maintenance. Traffilog provides telematics and predictive maintenance services for commercial fleets, while SafeRide specializes in AI-based vehicle health management and cybersecurity solutions. The technology developed by SafeRide allows for real-time identification of malfunctions, leading to early intervention and cost savings. The negotiations are being led by Traffilog CEO Erez Lorber and SafeRide CEO Yossi Vardi, along with Ariel Halperin from TENE Investment Funds.
Public Trading
growth-positive
Traffilog, SafeRide join forces in Israeli autotech merger
Israeli autotech companies Traffilog and SafeRide have agreed to merge, creating a new company valued at hundreds of millions of dollars. The merged company will focus on gathering data from vehicles to identify malfunctions and required maintenance based on wear and tear. Traffilog provides telematics and predictive maintenance services for commercial fleets, while SafeRide specializes in AI-based vehicle health management and cybersecurity solutions. The merger aims to harness SafeRides AI technology and manage Traffilogs client base. The merged company plans to go public in the future to capitalize on the demand for data companies in the stock market.
PartnersExpandPublic Trading
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | $21M |
| Stage | Mature |
| Rounds | 1 |
| Investors | 1 |
Team Members
9
Employees: 51-200
Web & Social Links
| Website | questarauto.com/ |
| Careers | Careers page |
Locations
Abba Eban Boulevard 1, Herzliya, Israel
Amal St 10, Rosh Haayin, 4809234, Israel
Tasman House, The Waterfront, Elstree Herts, London, UK
17199 N Laurel Park Dr #400, Livonia, MI 48152, USA
Bransagervej 5, DK-9490 Pandrup, Denmark
Avenida Ejrcito Nacional 624, Polanco, Polanco IV Seccin, Mexico City, CDMX, Mexico
Photos & Videos
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