Underscoring the growing influence of AI in the insurance sector, AI-driven commercial trucking insurer Nirvana Insurance announced on Monday an $80 million Series C funding round. This latest round values the San Francisco-based company at nearly $850 million. The raise was led by General Catalyst, with continued support from existing investors Lightspeed Venture Partners and Valor Equity Partners.
“This funding round is a testament to the transformative power of AI in the insurance industry,”...
https://www.freightwaves.com/news/nirvana-insurance-secures-80-million-in-series-c-funding