HDVI Raises $16M Series A Financing

August 12, 2020Client News

Gunderson Dettmer represented client High Definition Vehicle Insurance (HDVI), a startup that helps small and mid-size trucking fleets improve their safety, compliance and operations, in its $16 million Series A financing led by 8VC and Munich Re Ventures, with additional participation from Qualcomm Ventures and Autotech Ventures.

In the announcement of the transaction co-founder and CEO of HDVI Chuck Wallace says “We are rebuilding the insurance company from the ground up with advanced data and technology that incumbents have trouble availing themselves of.”

The Gunderson deal team was led by Bennett Yee and included Ben Hinshaw, David Behrend and Kelly Trimble.