# High Definition Vehicle Insurance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/high-definition-vehicle-insurance

- Industry: Insurance
- Headquarters: Chicago, US
- Website: www.gohdvi.com
- Total disclosed funding: $49M
- Latest round: Series B (Aug 18, 2021)
- Investors on record: 7

## About

Based in Illinois, US, and founded in 2017, High Definition Vehicle Insurance, Inc., trading as HDVI, operates as a provider of auto insurance for trucking companies. The company was co-founded by Chuck Wallace and Reid Spitz and is backed by investors including Weatherford Capital, which led a USD 32.5 million Series B funding round in August 2021.

HFVI provides an insurance product equipped with telematics and an integrated suite of software and live support. The company also offers electronic logging devices, cameras,  tools, and drivers' fatigue analysis solutions. It has a new product called HDVI Shift, which is compatible with a wide range of telematics devices and is provided to fleets alongside HDVI's proprietary data, software tools, and apps.

HDVI plans to continue the development of new products and accelerate the company's growth on a national scale.

## Funding rounds

- Series B, Aug 18, 2021, $33M — Qualcomm Ventures, Daimler Truck North America Pension Plan, Autotech Ventures, 8VC, Weatherford Capital, Munich Re Ventures, McVestCo VC
- Series A, Aug 12, 2020, $16M — Qualcomm Ventures, Autotech Ventures, 8VC, Munich Re Ventures

## Investors

- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A, Series B
- Autotech Ventures (https://capitalatlas.ai/funds/autotech-ventures) — Series A, Series B
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A, Series B
- Munich Re Ventures (https://capitalatlas.ai/funds/munich-re-ventures) — Series A, Series B
- Daimler Truck North America Pension Plan — Series B
- Weatherford Capital (https://capitalatlas.ai/funds/weatherford-capital) — Series B
- McVestCo VC — Series B