When was HDVI founded?

HDVI was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is HDVI located?

HDVI is headquartered in Chicago, United States.

How many employees does HDVI have?

As of Aug 31, 2026, the latest employee count at HDVI is 84.

Is HDVI a funded company?

HDVI is a funded company, having raised a total of $88.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 12, 2020.

When was the latest funding round of HDVI?

HDVI's latest funding was a $***** Series C round on Feb 12, 2025, with participation from 4 investors. Its primary sector is Insurance IT. In United States, the Insurance IT sector has seen $1.07B in funding in 2026 to date.

Where does HDVI rank among its competitors?

HDVI ranks 18th amongst 331 active competitors, of which 54 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Cambridge Mobile Telematics, which secured $350M in Mar, 2026.

Who are the top competitors of HDVI?

HDVI's top competitors include Next Insurance, Hagerty and Cambridge Mobile Telematics. Among them, Cambridge Mobile Telematics secured the most recent funding round in March, 2026.

HDVI - 2026 Company Profile, Team, Funding & Competitors

Company Details

HDVI provides telematics-based data & monitoring solutions for auto insurers and fleet owners. It offers solutions for fatigue analysis, compliance management, analyzing driving behavior, vehicle-related data management, and more. It also offers solutions for fleet management.

Website: hdvi.com
Social
Email ID: *****@hdvi.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Chicago, United States

Stage

Acquired

Total Funding

$88.5M in 3 rounds

Latest Funding Round

Series C, Feb 12, 2025, $*****

Investors

8VC & 7 more

Ranked

18^th among 331 active competitors

Employee Count

84 as on Aug 31, 2026

Similar Companies

Cambridge Mobile Telematics & 460 more

Exit Details

Acquired by Federated Insurance (Aug 01, 2026)

View HDVI's full profile

HDVI is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
High Definition Vehicle Insurance, Inc CIN: 82-4703368 , United States, Active	Dec 31, 2018	-	82 (As on Dec 31, 2023)	-
HEAVY DUTY VEHICLE INSURANCE, INC. CIN: 824703368 , United States, Active	Dec 31, 1999	-	68 (As on Dec 31, 2024)	-
HIGH DEFINITION VEHICLE INSURANCE, INC. CIN: 82-4703368 , United States, Active	Mar 06, 2018	-	-	-

HDVI got acquired by Federated Insurance on Aug 01, 2026.

Click here to take a look at HDVI's acquisition in detail

HDVI has raised a total funding of $88.5M over 3 rounds. Its first funding round was on Aug 12, 2020. Its latest funding round was a Series C round on Feb 12, 2025 for $*****. 4 investors participated in its latest round. HDVI has 8 institutional investors.

Here is the list of recent funding rounds of HDVI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 12, 2025	7644291	Series C	7234049	1784474	1190144	6446287
Aug 19, 2021	1366052	Series B	3525254	9848927	5985280	Daimler Trucks North America & 4 more
Aug 12, 2020	6562850	Series A	8585605	8662613	Munich Re Ventures & 1 more	2835490

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View details of HDVI's funding rounds and investors

The founders of HDVI is Reid Spitz.

Here are the details of HDVI's key team members:

Reid Spitz: President & Co-Founder of HDVI.

View details of HDVI's Founder profiles and Board Members

HDVI's employee count trend

HDVI has 84 employees as of Aug 26. Here is HDVI's employee count trend over the years:

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Top competitors of HDVI include Next Insurance, Hagerty and Cambridge Mobile Telematics. Here is the list of Top 10 competitors of HDVI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Next Insurance 2016, Palo Alto (United States), Acquired	Provider of online small business insurance policies	$1.12B	FinTLV, Battery Ventures & 27 others	79/100
2nd	Hagerty 1983, Traverse City (United States), Public	Automotive insurance solution provider to users	$212M	Markel, FG Ventures & 3 others	74/100
3rd	Cambridge Mobile Telematics 2010, Cambridge (United States), Series D	Provider of AI-powered telematics and mobility safety solutions	$852M	SoftBank Vision Fund, Allianz X & 5 others	73/100
4th	Clearcover 2016, Chicago (United States), Series D	Online platform that provides automotive insurance	$457M	Eldridge Industries, OMERS & 17 others	71/100
5th	Root 2015, Columbus (United States), Public	Provider of car insurance rates based primarily on driving behavior	$540M	Redpoint Ventures, DST Global & 13 others	71/100
6th	Metromile 2011, San Francisco (United States), Acquired	App that provides usage-based auto insurance platform for individuals	$295M	Intact Ventures, First Round Capital & 20 others	68/100
7th	Just 2014, Los Angeles (United States), Series A	Usage-based auto insurance platform for individuals	$15.3M	Western Technology Investment, ManchesterStory Group ... & 2 others	68/100
8th	Inshur 2016, New York City (United States), Series C	App-based auto insurance platform for individuals	$88.6M	JVP, Viola Group & 7 others	65/100
9th	Zendrive 2013, San Francisco (United States), Acquired	AI-enabled platform offering driver behavior monitoring and analysis solutions	$60M	First Round Capital, XL Innovate & 19 others	64/100
10th	Roadzen 2015, Burlingame (United States), Public	AI-driven auto insurance provider	-	Shah Capital Partners, 13books Capital & 4 others	63/100
18th	HDVI 2018, Chicago (United States), Acquired	Telematics-based data & monitoring solutions for auto insurers and fleet owners	$88.5M	Qualcomm Ventures, Weatherford Capital & 6 others	58/100