IoT startup GoFar raises $1.3m to improve drivers’ skills
February 18, 2019 / Ryan Daws
When driving I’ve often wished fellow road users would improve their skills, but IoT startup GoFar has raised over $1m to help achieve just that. GoFar builds connected car tech. The Sydney-based startup raised more than $200,000 on Kickstarter back in June 2015 and has since expanded to 14 personnel serving thousands of customers across 53 countries. In a funding round led by Right Click Capital, GoFar has now secured $1.3 million to continue its journey. The startup makes technology focused on fixing problems which annoy drivers. Some things it’s working on are expected: like speed alerts to avoid fines, and parking reminders to remember where you’ve left your car. In a 3.5 million kilometre pilot by SIRA and NSW Government, GOFAR's unique real-time feedback cut high range speeding by 40 percent.