HDVI delivers modern insurance driven by safety, service and savings to small and mid-size trucking fleet operators. Our goal is to become a partner to the fleet business owner by providing next-generation insurance integrated with best-in-class telematics hardware, advanced software and services to help them manage their vehicles and business each day. By incorporating telematics and dash cam data from our customers into our integrated risk management model, HDVI is able to select, price, manage, and retain risk more accurately and efficiently than incumbent commercial auto insurance providers.
Total raised: $88.5M
Founded date: 2018
Investors 3
| Date | Name | Website |
| - | Western Te... | westerntec... |
| 29.09.2020 | Qualcomm V... | qualcommve... |
| 02.10.2020 | Munich Re ... | munichreve... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 12.02.2025 | - | $40M | - |
| 21.08.2021 | Series B | $32.5M | - |
| 12.08.2020 | Series A | $16M | - |
Mentions in press and media 17
| Date | Title | Description |
| 23.05.2025 | Nexar and Awardco: Two Titans of Innovation and Growth in 2025 | In the bustling landscape of technology and innovation, two companies stand out: Nexar and Awardco. Both are navigating the currents of rapid growth, fueled by strategic leadership and bold funding. Their stories intertwine, showcasing the ... |
| 21.05.2025 | Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale | Nexar, a leader in AI-powered mobility solutions, today announced the appointment of Jayesh Patel as Chief Financial Officer. Patel will now oversee all aspects of finance, accounting, strategic planning, and corporate development as Nexar ... |
| 01.03.2025 | The Future of Insurance: Data-Driven Insights and Innovation | The insurance landscape is evolving. Two recent developments highlight this transformation: High Definition Vehicle Insurance (HDVI) and Klarity's collaboration with Munich Re Life US. Both companies are leveraging technology and data to re... |
| 27.02.2025 | High Definition Vehicle Insurance: $40 Million Fundraise Completed | High Definition Vehicle Insurance (HDVI), a technology-driven commercial auto insurance provider, announced it has secured $40 million in growth capital, bringing its total funding to over $87 million. The funding round was co-led by existi... |
| 13.02.2025 | High Definition Vehicle Insurance Secures $40 Million to Drive Growth | In the bustling world of commercial auto insurance, High Definition Vehicle Insurance (HDVI) is making waves. The Chicago-based startup has just raised $40 million in a funding round that propels its total funding to over $87 million. This ... |
| 12.02.2025 | High Definition Vehicle Insurance raises $40 million | Trucking insurance startup HDVI HDVI Founded: 2018 Headquarters: Chicago, Illinois, United States Total Funding: $88.5M See full company profile "> has secured $40 million in growth capital, bringing its total funding to over $87 mi... |
| 12.02.2025 | High Definition Vehicle Insurance Raises $40M in Funding | High Definition Vehicle Insurance (HDVI), a Chicago, IL-based technology-driven commercial auto insurance provider, raised $40M in growth capital. The round, which brought its total funding to over $87M, was co-led by existing investors 8VC... |
| 31.08.2022 | High Definition Vehicle Insurance Brings Safety and Rewards-Driven Insurance Option to Florida Fleet Owners | CHICAGO (PRWEB) August 31, 2022 High Definition Vehicle Insurance (HDVI), a technology-first commercial auto insurance provider, today announced its expansion into Florida. Small to midsize trucking fleets in the state can now use HDVI’s in... |
| 26.07.2022 | High Definition Vehicle Insurance Brings Safety Data-Driven Insurance Option to Arizona Fleet Owners | CHICAGO (PRWEB) July 26, 2022 High Definition Vehicle Insurance (HDVI), the leader in commercial auto insurance technology and product innovation, today announced its expansion into Arizona, where its innovative telematics-based insurance s... |
| 29.03.2022 | High Definition Vehicle Insurance Launches in Wisconsin | CHICAGO (PRWEB) March 29, 2022 High Definition Vehicle Insurance (HDVI), the leader in commercial auto insurance technology and product innovation, today announced its expansion into Wisconsin. Small to midsize trucking fleets in the state ... |
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