HDVI’s core product, HDVI Shift™, leverages real-time telematics to assess driving behavior and deliver personalized commercial auto pricing, claiming up to 20% savings upfront and on monthly premiums for safe fleets. Since launching HDVI Shift in 2021, the company has amassed over 7.5 billion miles of telematics data and reports a 107% CAGR and a loss ratio well below the industry average. In 2024 customers logged nearly one million miles of safe driving daily and saved $3.2 million (three times the prior year), and nearly 90% of customers see safety improvements within their first policy term. HDVI integrates telematics with FMCSA and other data sources and plans to expand use of AI tools across the commercial auto policy lifecycle to improve underwriting, pricing, claims, and agent tools. The company is headquartered in Chicago with additional offices in Greenville, South Carolina, and Columbus. High Definition Vehicle Insurance (HDVI) delivers fleet-focused insurance that bundles high-quality telematics with an integrated suite of software and support. The company packages those services within the cost of a smart, competitive insurance policy so fleets receive more value for the same premium. HDVI targets commercial fleets and emphasizes operational value and risk-management through its telematics-enabled offering. The business was founded in 2018 and is based in Chicago. The article reports a $16M Series A financing, reflecting its current fundraising status. No operating metrics such as revenue or user counts were disclosed in the article.

Total raised

$56M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2025