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 Jul 31, 2026, the latest employee count at HDVI is 85.

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.

Where does HDVI rank among its competitors?

HDVI ranks 32nd amongst 347 active competitors, of which 57 are funded. It stands 9th 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, 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

32^nd among 347 active competitors

Employee Count

85 as on Jul 31, 2026

Similar Companies

Cambridge Mobile Telematics & 494 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	Mar 06, 2018	-	-	-
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)	-

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	7526088	Series C	5734793	7170796	3580855	5083914
Aug 19, 2021	4635844	Series B	6588429	6570461	5319188	Daimler Trucks North America & 4 more
Aug 12, 2020	4956801	Series A	7915441	5651034	Munich Re Ventures & 1 more	7874732

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View details of HDVI's funding rounds and investors

HDVI's employee count trend

HDVI has 85 employees as of Jul 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	Battery Ventures, FinTLV & 27 others	75/100
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 & 4 others	72/100
4th	Just 2014, Los Angeles (United States), Series A	Usage-based auto insurance platform for individuals	$15.3M	Western Technology Investment, ManchesterStory Group ... & 2 others	72/100
5th	Clearcover 2016, Chicago (United States), Series D	Online platform that provides automotive insurance	$457M	Lightbank, Eldridge Industries & 17 others	71/100
6th	Root 2015, Columbus (United States), Public	Provider of car insurance rates based primarily on driving behavior	$540M	Tiger Global Management, DST Global & 13 others	71/100
7th	Metromile 2011, San Francisco (United States), Acquired	App that provides usage-based auto insurance platform for individuals	$295M	Intact Ventures, New Enterprise Associates ... & 20 others	68/100
8th	Vouch 2018, San Francisco (United States), Series D	Online property insurance platform for businesses	$203M	Ribbit Capital, SVB & 20 others	66/100
9th	Cover Whale 2019, Rancho Santa Margarita (United States), Series B	Provider of commercial truck insurance, saving wholesale and retail insurance	$83M	Morgan Stanley, TigerRisk Partners & 1 others	65/100
10th	Inshur 2016, New York City (United States), Series C	App-based auto insurance platform for individuals	$88.6M	Viola Group, JVP & 6 others	65/100
32nd	HDVI 2018, Chicago (United States), Acquired	Telematics-based data & monitoring solutions for auto insurers and fleet owners	$88.5M	Munich Re Ventures, Autotech Ventures & 6 others	58/100