# Nirvana Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nirvana-tech

- Industry: Insurance
- Headquarters: San Francisco, US
- Website: www.nirvanatech.com
- Total disclosed funding: $262M
- Latest round: Series D (Dec 18, 2025)
- Investors on record: 3

## About

Founded in 2021 and based in California, US, Nirvana Tech Inc. operates as an insurance company. The company was founded by its CEO, Rushil Goel, CTO, Abhay Mitra, and Head of Ins Product, Alex Carges. In February 2022, Nirvana Tech Inc. raised USD22 million in a series A funding led by returning investor Lightspeed Venture Partners, with participation from another new investor, General Catalyst Partners. As of 2022, the company operates three offices in California, Ohia, and India. In December 2025, Nirvana Tech Inc. raised USD 100 million in series D funding led by Valor Equity Partners, with participation from General Catalyst Partners and Lightspeed Venture Partners.

Nirvana Tech provides commercial fleet insurance, security, and compensation services for enterprises in the trucking and transportation industries. The company uses artificial intelligence and the internet of things to locate and analyze telematics data points such as location, speed, irregular driving, weather, and traffic patterns of trucks through ELDs (electronic logging devices) for providing instantaneous insurance quotes. The ELDs are put in trucks due to federal government restrictions. In addition to insurance, the organization offers insights, constant risk monitoring, and risk area suggestions, such as drivers who require coaching and hazardous routes. Its client base includes USI, HUB, Truck Writers, and Transtar.

The company plans to use the December 2025 funding to expand its artificial intelligence insurance platform, improve real-time risk assessment, and develop new tools that help fleets manage pricing, underwriting, and claims more efficiently.

## Funding rounds

- Series D, Dec 18, 2025, $100M — Lightspeed Venture Partners, General Catalyst Partners, Valor Equity Partners
- Series C, Mar 10, 2025, $80M — Lightspeed Venture Partners, General Catalyst Partners, Valor Equity Partners
- Series B, Oct 17, 2023, $57M — Lightspeed Venture Partners, General Catalyst Partners, Valor Equity Partners
- Series A, Feb 23, 2022, $22M — Lightspeed Venture Partners, General Catalyst Partners
- Seed, Jan 25, 2021, $3.1M — Lightspeed Venture Partners, General Catalyst Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B, Series C, Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed, Series A, Series B, Series C, Series D
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series B, Series C, Series D