TrueNorth’s initial focus is to better manage the cost of marine cargo insurance claims by leveraging data from IOT devices. However, the data it collects is being used to help build algorithms to better understand, manage, and reduce risks relating to all cargo transport.
TrueNorth brings unprecedented automation to claims investigation and settlement in the global shipping industry – made possible by the progressive development of measuring and transmitting devices in both reefer and dry cargo containers.
Offices: Tel Aviv
Investment: Seed stage