Tech Company Financing Transactions
High Definition Vehicle Insurance - HDVI Funding Round
High Definition Vehicle Insurance - HDVI, operating out of Chicago, secured $32.5 million from Weatherford Capital, 8VC and Autotech Ventures.
Transaction Overview
Company Name
Announced On
8/20/2021
Transaction Type
Venture Equity
Amount
$32,500,000
Round
Series B
Investors
Weatherford Capital (Lead Investor) (William Weatherford)
Daimler (Richard Howard)
Proceeds Purpose
The funds will be used for the continued development of new products and to fuel the growth of the company on a national scale.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
55 W Monroe St. 2200
Chicago, IL 60603
USA
Chicago, IL 60603
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chuck Wallace
VP - Engineering
Cu Pham-Barnes
VP - Operations
Reid Spitz
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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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