Commercial auto insurance provider High Definition Vehicle Insurance (HDVI) announced Wednesday it has secured an additional $40 million in funding from previous investors 8VC, Autotech Ventures, Munich Re Ventures and Weatherford Capital as the company looks to develop more data-driven solutions and discount programs for the trucking community.
The company has raised a total of $87 million since its founding in 2017 by Chuck Wallace and Reid Spitz.
As a part of this announcement, Spitz, former...
https://www.freightwaves.com/news/hdvi-secures-40m-for-data-driven-trucking-insurance