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High Definition Vehicle Insurance (Hdvi) Group Announces $32.5 Million In Series B Funding, Fueling New Products And Growth

Aug 18, 2021•about 4 years ago

Amount Raised

$32.5 Million

Round Type

series b

Chicago

Description

High Definition Vehicle Insurance (HDVI) Group, the leader in commercial auto insurance technology and product innovation with an initial focus on trucking, today announced that it has raised $32.5 million in Series B funding. The round was led by Weatherford Capital, with new investors Daimler Trucks North America and McVestCo, and continued participation from Munich Re Ventures, 8VC, Autotech Ventures and Qualcomm Ventures LLC. The funds will be used for the continued development of new products and to fuel the growth of the company on a national scale.

Company Information

Company

Hdvi Group

Location

Chicago, Illinois, United States

About

The company provides commercial fleets with an innovative, flexible insurance product alongside powerful, easy-to-use tools to help them improve safety, compliance, and profitability.

FundzWatch™ Score

71
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech