Tech Company Financing Transactions

Nirvana Insurance Funding Round

Nirvana Insurance closed a $22 million Series A funding round on 3/22/2022. Backers included Lightspeed Venture Partners, General Catalyst Partners and private investors.

Transaction Overview

Company Name
Announced On
3/22/2022
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors

Lightspeed Venture Partners (Lead Investor) (Raviraj Jain)

General Catalyst Partners (Joel Cutler)

private investors (Elad Gil)

private investors (Fidji Simo)

private investors (Sam Hodges)

private investors (Spike Lipkin)

Proceeds Purpose
Nirvana will use the funding to scale its operations, grow its team, and invest in R&D efforts to expand products and services.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
505 Montgomery St. 10th & 11th Floors
San Francisco, CA 94111
USA
Email Address
Overview
We are making businesses safer and smarter; We're transforming the $300B+ commercial insurance industry, starting with transportation. We believe insurance that truly works for fleets has been long overdue, and we're building it from the ground up!
Profile
Nirvana Insurance LinkedIn Company Profile
Social Media
Nirvana Insurance Company Twitter Account
Company News
Nirvana Insurance News
Facebook
Nirvana Insurance on Facebook
YouTube
Nirvana Insurance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rushil Goel
  Rushil Goel LinkedIn Profile  Rushil Goel Twitter Account  Rushil Goel News  Rushil Goel on Facebook
Chief Technical Officer
Abhay Mitra
  Abhay Mitra LinkedIn Profile  Abhay Mitra Twitter Account  Abhay Mitra News  Abhay Mitra on Facebook
VP - Operations
George Brennan
  George Brennan LinkedIn Profile  George Brennan Twitter Account  George Brennan News  George Brennan on Facebook
VP - Product Management
Alex Carges
  Alex Carges LinkedIn Profile  Alex Carges Twitter Account  Alex Carges News  Alex Carges on Facebook


 

 

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Prev: 3/22/2022: Firefly Aerospace venture capital transaction
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We document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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