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Nexar employs machine vision and sensor fusion algorithms, leveraging the iPhone’s sensors to analyze and understand the car’s surrounding, and provide unique documentation in case of accidents. The depth of Nexar’s on-device analysis allows it to create an accident report that completely transforms the insurance claims process. Nexar adds a video of the accident to the claim, alongside a detailed reconstruction based on the iPhone’s sensor readings. We are building Nexar as a network connecting cars nearby (v2v). Nexar will initially warn drivers of dangerous intersections and cars in their vicinity based on crowdsourced insights. As Nexar grows into a dense network of connected dashcams, it will warn drivers in real time of dangers on the road beyond their direct line of sight.
Click 1.2.1.com is a Miami, FL-based company in the Software and Internet sector.
Clearco is the world`s largest e-commerce investor providing equity free capital solutions to e-commerce businesses. Clearco`s gives founders real-time access to a global network of partners in addition to insights and data tools to help support them scale their business. Clearco has advanced more than $3.2 billion to more than 7000 brands, including Vanity Planet, Glamnetic, Public Goods, Soludos, and Monos. To date, Clearco has funded 25x more female Founders than the average traditional venture capital firm.