{"id":11597,"date":"2024-06-13T08:55:08","date_gmt":"2024-06-13T15:55:08","guid":{"rendered":"https:\/\/intuitblog.com\/?p=11597"},"modified":"2024-07-11T11:40:00","modified_gmt":"2024-07-11T18:40:00","slug":"intuit-to-acquire-technology-from-zendrive","status":"publish","type":"post","link":"https:\/\/www.intuit.com\/blog\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/","title":{"rendered":"Intuit to acquire technology from Zendrive"},"content":{"rendered":"\n

Today, Intuit announced that we’ve signed an agreement to acquire technology from leading mobility risk intelligence provider Zendrive<\/a>. Certain Zendrive employees, including CEO Dennis Ellis and Co-founder and CTO Pankaj Risbood, will join Credit Karma to accelerate innovation and adoption of its usage-based auto insurance product, Karma Drive<\/a>.<\/p>\n\n\n\n

Credit Karma members can choose to participate in a trial where they receive real-time feedback on their driving and can view potential discounts before purchasing a policy, all powered by telematics. Bringing discount opportunities to the front of the insurance shopping experience, before members purchase a policy, gives them more choice and certainty as to what they will pay, while incentivizing them to become safer drivers\u2014always done transparently, with a member\u2019s consent. Karma Drive\u2019s telematics-driven model has yielded more than 4 million discounted policy offers for Credit Karma members, and has the potential to give carriers better visibility, with member consent, into driving behaviors that are more predictive of driving risk than traditional attributes, such as a driver\u2019s credit score. <\/p>\n\n\n\n

“Insurance costs have increased dramatically and Americans are looking for ways to minimize driving expenses in this high-inflation environment,” said Joe Kauffman, president of Credit Karma. “Karma Drive gives our members access to personalized discount offers based on safe driving habits, without first having to purchase a policy. With Zendrive’s technology and expertise, we strive to make usage-based auto insurance more accessible than ever and bring more transparency, fairness, and accuracy to consumer auto insurance pricing, while providing insight into their driving behaviors.”<\/p>\n\n\n\n

Credit Karma has partnered with Zendrive since it launched Karma Drive more than three years ago. To date, Karma Drive has enrolled more than 6 million members in the program.<\/p>\n\n\n\n

“Zendrive’s mission is to make roads safer with data and analytics, and we pride ourselves on delivering experiences that help create awareness for safe driving habits,” said Dennis Ellis, CEO of Zendrive. “Intuit\u2019s customer-obsessed culture is a perfect match for our team. Together we will democratize access to fair insurance for all Americans based on their driving habits, not their financial situation.”<\/p>\n\n\n\n

Intuit\u2019s mission is to power prosperity around the world and the company has committed to a Bold Goal of doubling the household savings rate of customers by 2030. Americans want to minimize driving expenses in this high-inflation environment, and this transaction deepens Intuit\u2019s insurance investment to help Credit Karma members save big on insurance. <\/p>\n\n\n\n

Intuit expects to close the transaction in Q4 FY24. Terms of the deal weren’t disclosed.\u00a0

Intuit closed the acquisition of Zendrive on July 11, 2024.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Transaction will enable Intuit Credit Karma to accelerate Karma Drive and help members save on auto insurance<\/p>\n","protected":false},"author":151418428,"featured_media":11598,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rkv_browse_by_id":0,"rkv_cta_id":0,"rkv_optimize_for_pagespeed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"useModifiedDate":false,"customPublishDate":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[237496403,1392,237496404],"tags":[],"intuit_collection":[],"intuit_series":[],"coauthors":[1399],"class_list":["post-11597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-innovative-thinking","category-news-social","category-products-and-services"],"yoast_head":"\nIntuit to acquire technology from Zendrive - Intuit Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.intuit.com\/blog\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intuit to acquire technology from Zendrive - Intuit Blog\" \/>\n<meta property=\"og:description\" content=\"Transaction will enable Intuit Credit Karma to accelerate Karma Drive and help members save on auto insurance\" \/>\n<meta property=\"og:url\" content=\"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/\" \/>\n<meta property=\"og:site_name\" content=\"Intuit Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T15:55:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-11T18:40:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2024\/06\/ProjectZurich_1100x620_Tofu.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Intuit Blog team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Intuit Blog team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/\"},\"author\":{\"name\":\"Tori Huber\",\"@id\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/#\\\/schema\\\/person\\\/7518208b3f445b0435b44c1076f25181\"},\"headline\":\"Intuit to acquire technology from Zendrive\",\"datePublished\":\"2024-06-13T15:55:08+00:00\",\"dateModified\":\"2024-07-11T18:40:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/\"},\"wordCount\":436,\"image\":{\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/intuitblog.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/ProjectZurich_1100x620_Tofu.png\",\"articleSection\":[\"Innovative Thinking\",\"News\",\"Products and Services\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/\",\"url\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/\",\"name\":\"Intuit to acquire technology from Zendrive - Intuit Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/intuitblog.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/ProjectZurich_1100x620_Tofu.png\",\"datePublished\":\"2024-06-13T15:55:08+00:00\",\"dateModified\":\"2024-07-11T18:40:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/#\\\/schema\\\/person\\\/7518208b3f445b0435b44c1076f25181\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/#primaryimage\",\"url\":\"https:\\\/\\\/intuitblog.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/ProjectZurich_1100x620_Tofu.png\",\"contentUrl\":\"https:\\\/\\\/intuitblog.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/ProjectZurich_1100x620_Tofu.png\",\"width\":1100,\"height\":620,\"caption\":\"Intuit Credit Karma and Zendrive logos side-by-side\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/intuitblog.com\\\/innovative-thinking\\\/intuit-to-acquire-technology-from-zendrive\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/intuitblog.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Intuit to acquire technology from Zendrive\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/\",\"name\":\"Intuit Blog\",\"description\":\"Powering Financial Prosperity\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/#\\\/schema\\\/person\\\/7518208b3f445b0435b44c1076f25181\",\"name\":\"Tori Huber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4b1127b5f3b10b2e15e78fd329e92557762814e4d4859996e3804842963e0682?s=96&d=identicon&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4b1127b5f3b10b2e15e78fd329e92557762814e4d4859996e3804842963e0682?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4b1127b5f3b10b2e15e78fd329e92557762814e4d4859996e3804842963e0682?s=96&d=identicon&r=g\",\"caption\":\"Tori Huber\"},\"url\":\"https:\\\/\\\/www.intuit.com\\\/blog\\\/author\\\/torihuber\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Intuit to acquire technology from Zendrive - Intuit Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.intuit.com\/blog\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/","og_locale":"en_US","og_type":"article","og_title":"Intuit to acquire technology from Zendrive - Intuit Blog","og_description":"Transaction will enable Intuit Credit Karma to accelerate Karma Drive and help members save on auto insurance","og_url":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/","og_site_name":"Intuit Blog","article_published_time":"2024-06-13T15:55:08+00:00","article_modified_time":"2024-07-11T18:40:00+00:00","og_image":[{"width":1100,"height":620,"url":"https:\/\/intuitblog.com\/wp-content\/uploads\/2024\/06\/ProjectZurich_1100x620_Tofu.png","type":"image\/png"}],"author":"Intuit Blog team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Intuit Blog team","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/#article","isPartOf":{"@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/"},"author":{"name":"Tori Huber","@id":"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/7518208b3f445b0435b44c1076f25181"},"headline":"Intuit to acquire technology from Zendrive","datePublished":"2024-06-13T15:55:08+00:00","dateModified":"2024-07-11T18:40:00+00:00","mainEntityOfPage":{"@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/"},"wordCount":436,"image":{"@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/#primaryimage"},"thumbnailUrl":"https:\/\/intuitblog.com\/wp-content\/uploads\/2024\/06\/ProjectZurich_1100x620_Tofu.png","articleSection":["Innovative Thinking","News","Products and Services"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/","url":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/","name":"Intuit to acquire technology from Zendrive - Intuit Blog","isPartOf":{"@id":"https:\/\/www.intuit.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/#primaryimage"},"image":{"@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/#primaryimage"},"thumbnailUrl":"https:\/\/intuitblog.com\/wp-content\/uploads\/2024\/06\/ProjectZurich_1100x620_Tofu.png","datePublished":"2024-06-13T15:55:08+00:00","dateModified":"2024-07-11T18:40:00+00:00","author":{"@id":"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/7518208b3f445b0435b44c1076f25181"},"breadcrumb":{"@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/#primaryimage","url":"https:\/\/intuitblog.com\/wp-content\/uploads\/2024\/06\/ProjectZurich_1100x620_Tofu.png","contentUrl":"https:\/\/intuitblog.com\/wp-content\/uploads\/2024\/06\/ProjectZurich_1100x620_Tofu.png","width":1100,"height":620,"caption":"Intuit Credit Karma and Zendrive logos side-by-side"},{"@type":"BreadcrumbList","@id":"https:\/\/intuitblog.com\/innovative-thinking\/intuit-to-acquire-technology-from-zendrive\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/intuitblog.com\/"},{"@type":"ListItem","position":2,"name":"Intuit to acquire technology from Zendrive"}]},{"@type":"WebSite","@id":"https:\/\/www.intuit.com\/blog\/#website","url":"https:\/\/www.intuit.com\/blog\/","name":"Intuit Blog","description":"Powering Financial Prosperity","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.intuit.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/7518208b3f445b0435b44c1076f25181","name":"Tori Huber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4b1127b5f3b10b2e15e78fd329e92557762814e4d4859996e3804842963e0682?s=96&d=identicon&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4b1127b5f3b10b2e15e78fd329e92557762814e4d4859996e3804842963e0682?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4b1127b5f3b10b2e15e78fd329e92557762814e4d4859996e3804842963e0682?s=96&d=identicon&r=g","caption":"Tori Huber"},"url":"https:\/\/www.intuit.com\/blog\/author\/torihuber\/"}]}},"header_image":"","jetpack_featured_media_url":"https:\/\/intuitblog.com\/wp-content\/uploads\/2024\/06\/ProjectZurich_1100x620_Tofu.png","jetpack_shortlink":"https:\/\/wp.me\/paMY30-313","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts\/11597","targetHints":{"allow":["GET","POST","PUT","PATCH"]}}],"collection":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/users\/151418428"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/comments?post=11597"}],"version-history":[{"count":6,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts\/11597\/revisions"}],"predecessor-version":[{"id":11792,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts\/11597\/revisions\/11792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/media\/11598"}],"wp:attachment":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/media?parent=11597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/categories?post=11597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/tags?post=11597"},{"taxonomy":"intuit_collection","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/intuit_collection?post=11597"},{"taxonomy":"intuit_series","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/intuit_series?post=11597"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/coauthors?post=11597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}