Get the latest tech news
Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets
Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For
Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data and video to improve driver safety, reducing accidents by around 50%, per the company. To further that growth into Ireland and into Japan in the coming months, Netradyne has just raised a $90 million Series D at a pre-money valuation of $1.35 billion, led by Point72 Private Investments with participation from Qualcomm Ventures and Pavilion Capital. Today, fleets can access Netradyne’s Safety Manager Assistant, an AI-powered co-pilot that offers a natural language interface to the company’s portal and uses generative AI to have conversations about data and insights.
Or read this on TechCrunch