Nirvana Insurance uses telematics data to transform the stubbornly analog world of truck insurance to help fleets mitigate risk; improve driver performance; drop costs; and make the insurance process easier for everyone. This is especially important today as the world suffers through a global supply chain crunch that is worsened by a trucking industry under duress. More than 90 percent of the fleets nationwide have fewer than 50 trucks, and these small businesses operate on razor-thin margins.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 02/26/22 | $22,000,000 | Series A |
Elad Gil Fidji Simo Sam Hodges Spike Lipkin | undisclosed |
| 10/17/23 | $57,000,000 | Series B |
General Catalyst Partners Lightspeed Venture Partners  Valor Equity Partners | undisclosed |
