Our Story
Ituran (NASDAQ: ITRN) was founded in 1995 and is recognized worldwide as a leader in telematics, connected car solutions, and services for professional fleets, insurance providers, the automotive industry, government institutions, and companies from a wide range of verticals, as well as private customers.
Ituran develops, manufactures, and markets a full suite of innovative hardware and software solutions addressing fleet management, stolen vehicle recovery (SVR), car connectivity, and performance-based insurance needs. Ituran is a unique company as we provide a trio of hardware-software-services. Our umbrella of complementary, personalized services ensures that our complete coverage for our clients in every possible scenario. Our customers are our biggest asset. We will always go the extra mile to provide just the right solution for individual needs and requirements.
Ituran’s mission is to remain at the forefront of technology. Ituran prides itself on being one step ahead in bringing innovative solutions to our customers. These innovations add functionality with fewer resources making a massive difference in vehicle operation and safety. To achieve technology leadership, we forge partnerships with technology innovators who share a common long-term interest with us and are active in DRIVE, an Israeli-based accelerator focused on smart transportation solutions, where innovation and market needs meet.
Read MoreIturan (NASDAQ: ITRN) was founded in 1995 is recognized worldwide as a leader in telematics and connected car solutions and services for professional fleets, insurance providers, the automotive industry, government institutions, companies from a wide range of verticals, and private customers.
Ituran develops, manufactures, and markets a full suite of innovative hardware and software solutions addressing fleet management, stolen vehicle recovery (SVR), car connectivity, and performance-based insurance needs. Ituran is a unique company as we provide a trio of hardware-software-services. Our umbrella of complementary, personalized services ensures that our complete coverage for our clients in every possible scenario. Our customers are our biggest asset. We will always go the extra mile to provide just the right solution for individual needs and requirements.
Ituran’s mission is to remain at the forefront of technology. Ituran prides itself on being one step ahead in bringing innovative solutions to our customers. These innovations add functionality with fewer resources making a massive difference in vehicle operation and safety. To achieve technology leadership, we forge partnerships with technology innovators who share a common long-term interest with us and are active in DRIVE, an Israeli-based accelerator focused on smart transportation solutions, where innovation and market needs meet.
Our Heritage
We began our journey as one of the first global providers of SVR solutions, using technology initially developed for the Israeli Air Force to locate and recover pilots after abandoning their aircraft in emergency situations. With years of experience in the insurance industry, founder Izi Sheratzki and his partners identified a groundbreaking opportunity to transform technology previously used only by the military, to solve a burning problem for insurance companies and car owners alike – recovering stolen vehicles and returning them to their lawful owners.
In 2005 Ituran began trading on NASDAQ
Ituran Today
With 3,000 employees servicing over 2.4 million subscribers in 26 countries through the Ituran brand, OEMs, and service centers in the US, Canada (cellutrak), Israel, India (ITURAN-Lumax Telematics JV), Brazil & Argentina, Mexico, Colombia and Ecuador, the Ituran brand is synonymous with vehicle recovery, fleet management and connectivity.
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Israel’s leading innovation center for smart mobility technologies where partners gain early insights into cutting-edge technology and start-ups have access to meaningful market opportunities.
The only in-vehicle app that automatically detects and disables applications on driver’s mobile phone while car is moving, eliminating dangerous distractions.
Delivery logistics technology platform for enterprises, helping companies achieve excellence in managing complex delivery operations, including those which involve external fleets and subcontractors.
An early-stage venture capital fund focusing on smart mobility solutions, helping portfolio companies realize their full potential. through close relationships with the global automotive industry.
Innovative sensor technology incorporating 2D, 3D and motion analysis in a single sensor allowing auto manufacturers to produce safer, ‘passenger aware’ vehicles at a lower cost.
Social Responsibility
When it comes to giving back to the community, Ituran believes that “Together, we can make a difference.” Our company-wide social responsibility program gives employees an opportunity to take an active role and give back to the community in a meaningful way.
In recent years, programs have focused primarily on child education and recreational empowerment with project including the renovation of schools, childcare facilities and playgrounds; support to the special-education system with events and scholarships; and assistance in fulfilling wishes of children battling cancer. Ituran also supports and builds long-term relationships with low-income communities to help them grow strong and flourish.
Pioneering Racing Excellence: IturanMob and Porsche Cup Brazil Join Forces to Redefine Track Dynamics
Joining forces with Porsche Cup Brazil, IturanMob is set to redefine racing standards both on and off the track. This partnership showcases the reliability of IturanMob’s cutting-edge technology, empowering Porsche’s engineering team with real-time insights into performance and endurance KPIs, such as engine and tire management.
December 28, 2023 Watch Now
Ituran announces partnership with Santander which aims to bring broad access to car financing
Ituran Brazil partners with Santander to offer affordable car financing with credit insurance and advanced vehicle tracking.
Yahoo! finance , June 5, 2023 Read MoreThe success story of Ituran in preventing car theft in Brazil
Ituran Brazil was established in 1999, and has since become a leader in the vehicle monitoring and recovery segment. Since establishment, the company has prevented the theft of more than 72,000 stolen vehicles valued at more than $1.7 Billion.
Chanel 13, October 23, 2019 Watch Now
Over 2 Million Subs Have Ituran Location & Control (ITRN) Poised For Strong 2023
Ituran (ITRN) has released its Q4 results, showing a 6.5% increase in revenue compared to the previous year, exceeding estimates. With higher-than-expected subscriber growth, Ituran is well-positioned for future expansion and improved margins.
Forbes, 28 February , 2023 Read MoreIturan & Mob-Lab Launch Ituran-Mob: Pioneering technology in urban mobility for the shared economy
Ituran announce that she has acquired 50% of the Brazilian urban mobility startup Mob-Lab, a pioneer in the car sharing, lending and pooling market. Mob-Lab, which will now be known as Ituran-Mob, provides pioneering technology in urban mobility for the shared economy. Its purchase marks Ituran’s entry into the global vehicle rental market, where it will use sharing technology to revolutionize the rental process and enable more efficient use of rental and company fleet vehicles. This acquisition will expand Ituran’s global footprint by leveraging its strong brand and technology.
Yahoo Finance , January 26, 2022 Read More
Ituran investment Bringg raises $100M in Series E funding, bringing the company’s valuation to $1B
Bringg- a leading delivery and fulfillment cloud platform provider, raised $100 Million in Series E funding, bringing the company’s valuation to $1 Billion, and making them the first unicorn leading the last mile!
techcrunch.com, June 16. 2021 Read MoreIturan's recovery team located a stolen electric scooter within 10 minutes using
Tick Track solution
Ituran Tick Track system is designed to locate electric Micro Mobility vehicles such as
electric bicycles / electric scooters etc.
SaverOne has long-sought solution to drivers being distracted by their phones
Early in June this year, SaverOne, one of the companies that Ituran is invested in, went public on the Tel Aviv Stock Exchange, in one of the first IPOs after the outbreak of the Covid-19 virus (and the first IPO in a long time by a technology company on the local stock exchange).
GLOBES, 18 August, 2020 Read More
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