Nexar

Nexar

Description

Nexar uses smartphones to create an AI-backed vehicle-to-vehicle network that works to predict and prevent accidents. Per the company, computer vision software aims to alert drivers to help them avoid accidents or receive updates on traffic problems like blocked lanes ahead. The company partners with third-party dashboard-camera makers and then uses deep learning which is run, per the company, on people's smartphones that are connected to their car cameras to recognize objects on the road. The company also aims to allow users to link their Nexar accounts to their insurance providers to speed up the claims process, i.e, sending a video of an accident, along with information like the time, date, and location of the collision.

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