Pictured above: CEO & Founder of iungo Roy Cooke and Co-Founder & Chief Product Officer Sumeet Herlekar.
Stone & Chalk startup iungo is driving innovation with a “fitbit for cars” that works by plugging into a car’s computer to exchange all of the data and gives power back to the driver to enhance overall driver safety.
CEO and Founder Roy Cooke, sat down with Stone & Chalk, to share his story of how they have developed their product to place focus back on driver safety with the help of a $55,000 grant from Jobs for NSW. The grant involved a partnership with Pickles Australia, leading used cars company, to look at how iungo could commercialise this technology.
Roy is excited about the Australian market, “There’s a lot of really good things you can do with data, particularly on driver safety. That, to us, has always been a big issue, a dialogue, particularly with the NSW government again on the CTP and insurance side […] there’s a lot of reform and innovation happening in the insurance space.”
Roy explained that the technology itself isn’t new as it has been in the US for some time, as well as Europe, but what makes it unique is how data is shared in a secure, efficient manner.
Overall, iungo has found its voice in being an agent of change and by actively participating in conversations around driving data exchange to encourage road safety whether it be for an enterprise fleet, customer, or parents who have children learning how to drive.
Co-Founder of iungo, Sumeet Herlekar, explains, “Small businesses and consumers can now access the same benefits as large fleets given iungo’s lower cost to serve.”
In exciting news, iungo has just launched into the enterprise market after running a number of trials last year and are continuing to refine their technology in order to improve the overall driver safety.