Exeros
Founded by Jay Biring and Joe Williams
Exeros is an AI-powered camera and monitoring system for enterprise fleets, emergency services, and local authorities. Its goal is to help fleets reduce incidents and claims, prevent risks, and abide by compliance standards.
Pembroke VCT has invested £4.0m in Exeros Technologies with Cavendish plc advising on the trasaction.
Founded in 2009 by Jay Biring and Joe Williams, Exeros Technologies is a UK-based telematics and AI video intelligence company that helps fleets prevent incidents, improve compliance and keep drivers safe. Its platform combines real-time vehicle data and video analytics to identify risks before they lead to collisions.
Exeros is trusted by more than 200 leading fleets, including The AA, RAC, National Highways, Whistl, and ScottishPower. With Exeros technology, fleets report up to 62% fewer collisions and 58% lower claim costs, alongside reduced insurance premiums. Across the board, Exeros Technologies’ systems typically deliver a positive ROI within six to nine months through reduced accident costs and improved operational efficiency.
With Pembroke’s investment, the business will continue to expand its team and scale its platform, VideMatics®, reaching more safety-focused fleets in a market projected to exceed £12 billion by 2030.
