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WORDS WITH XEE DRIVERS

In 2014, after 3 years of R&D and 6 patents, Xee platform is launched to contribute to the connected automotive development and allow to enterprises to reinvent today’s car use and datas for the benefit of drivers. Xee is a French start-up created in 2012, supported by Mobivia Group through its business accelerator Via ID.

“ We therefore wanted to support the growth of this data management platform, which both creates value and improves user experience.” Xee’s offer stands out from its competitors by the wide range of vehicle models and brands covered, and by the quantity of data collected and analyzed,” said François Badoual, Total Energy Ventures’ CEO. Connecting cars to the cloud is a must-have for the future of mobility. “This stake completes Total Energy Ventures’ portfolio in digital mobility solutions. Start-ups have an essential role to play in the development of these exciting new business opportunities, At Bridgestone we highly value innovation, it is in our DNA, and it is why we welcome the opportunity to invest in companies like Xee,” said Paolo Ferrari, CEO and President, Bridgestone EMEA ”The nature of mobility services is changing rapidly. Renowned investors Bridgestone EMEA and Total Venture have a great deal of influence and will help with Xee’s roll-out. Today, we are proud to have fostered the emergence of a company that is a European leader in its particular field, which we hope will be rich with financial and industrial partnerships in the future”, adds Yann Marteil, Via ID’s CEO and Mobivia’s Chief Operating Officer. Founded by Mobivia in 2012 based on an intrapreneurial initiative, Xee’s development was accelerated by Via ID to help it grow and connect with leading industrial and financial players across the world. “In addition to being a forerunner in the field of connected cars, Xee is a highly original start-up. We will also be able to provide a more effective services support for our current clients and partners such as Axa, Indigo, Midas or Total in their international projects relating to connected cars.” says Yvan Gravier, Xee’s CEO. The technical expertise and global presence of Bridgestone EMEA on one hand, and the know-how and focus on mobility of Total on the other hand will make it possible to accelerate the rollout of new services for motorists. Over and above the investment itself, the industrial, technical and commercial synergies that will be created with these players will open up new perspectives for Xee. “ This capital-raising is an important step for Xee to other potential industrial and financial partners.

WORDS WITH XEE DRIVERS

opening up its platform to global industrial players (automotive, aftermarket, insurance, etc.) interested in rolling-out mobility services for their clients, establishing themselves as neutral trustworthy third parties and aggregators of services for drivers of all vehicle types.

a strategy of innovation boosted by R&D (Research & Development) synergies that allow Xee to maintain its technological advantage in connected cars, structure rich data from connected cars, and to benefit from the artificial intelligence which is managing these cars.

While big players such as Midas, Indigo and Axa have already integrated connected cars to their business model with Xee’s solutions, the startup will amp up its position in Spain, Portugal, Italy and Belgium and conquer new strategic European markets, including Germany, the Netherlands and Luxembourg.

an acceleration of its commercial development and the marketing of its European roll-out which began in 2016.

This fundraising from Bridgestone EMEA, Total and Cofip marks a new milestone in Xee’s growth which goes hand-in-hand with:

manage their vehicle fleet more easily from the first vehicle onwards, with a connected, real-time approach using geo-localization, steering, analysis, etc.

roll out next-generation services for motorists, regardless of the model of their vehicle, through pay as you drive, pay how you drive, geolocalization, security and alert, integration with SmartCity/SmartHome, etc.

Xee is the service platform for connected cars enabling companies to:

In the fast growing connected car market, expected to have more than 400 connected vehicles by 2020 and be worth an estimated $350 billion, 84% of sales will be generated by aftermarket players. The French startup, founded in 2012 by Via ID, Mobivia’s business accelerator for mobility, completes fundraising to speed up growth and roll-out their platform Lille, France – Xee, the budding start-up from FrenchTech reinventing how people use cars with its platform of connected services, raises over €12M from Bridgestone EMEA, Total and Cofip, who join Via ID, the existing investor.