Tech Company Financing Transactions

High Definition Vehicle Insurance - HDVI Funding Round

8VC, Autotech Ventures and Munich Re Ventures participated in a $40 million funding round for High Definition Vehicle Insurance - HDVI. The round closed on 2/12/2025.

Transaction Overview

Company Name
High Definition Vehicle Insurance - HDVI
Announced On
2/12/2025
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors

8VC (Lead Investor) (Jake Medwell)

Autotech Ventures (Lead Investor) (Alexei Andreev)

Munich Re Ventures (Lead Investor) (Jacqueline LeSage)

Weatherford Capital (Lead Investor) (William Weatherford)

Proceeds Purpose
The company intends to use the funds for the enhancement of its telematics-driven products, expanded coverage, and improved tools for insurance agents as they scale nationwide.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
55 W Monroe St. 2200
Chicago, IL 60603
USA
Phone
Undisclosed
Website
www.hdvi.com
Email Address
Not Recorded
Overview
We are an experienced team of insurance, technology, and trucking industry experts who deeply understand the challenges of today's fleets. At our core, we are innovators who are passionate about developing game-changing solutions that support fleets in running safe, compliant and profitable operations.
Profile
High Definition Vehicle Insurance - HDVI LinkedIn Company Profile
Social Media
High Definition Vehicle Insurance - HDVI Company Twitter Account
Company News
High Definition Vehicle Insurance - HDVI News
Facebook
High Definition Vehicle Insurance - HDVI on Facebook
YouTube
High Definition Vehicle Insurance - HDVI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chuck Wallace
  Chuck Wallace LinkedIn Profile  Chuck Wallace Twitter Account  Chuck Wallace News  Chuck Wallace on Facebook
VP - Engineering
Cu Pham-Barnes
  Cu Pham-Barnes LinkedIn Profile  Cu Pham-Barnes Twitter Account  Cu Pham-Barnes News  Cu Pham-Barnes on Facebook
VP - Operations
Reid Spitz
  Reid Spitz LinkedIn Profile  Reid Spitz Twitter Account  Reid Spitz News  Reid Spitz on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/12/2025: Keragon venture capital transaction
Next: 2/12/2025: Tradewind Finance venture capital transaction

 

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We report on every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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