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Nirvana keeps on truckin’ with $80M at $830M valuation for its AI-powered insurance
As the U.S. trucking industry gears up for the negative impacts of new Trump tariffs on goods from Mexico and Canada, a startup building a new kind of
That was, however, before events of the last month — namely, Trump’s wider economic policies and specifically his push to institute import taxes on goods from Canada and Mexico in order to raise federal revenue, and to drive more domestic production. Tapping into innovations in areas like cloud computing, AI, fintech, and connected vehicles, startups are spinning up new SaaS-based products to help drivers build out their businesses more efficiently and trucking companies run their fleets more seamlessly. Nirvana is proving a disruptive model, finding rich data at scale and building AI around the complex steps of providing commercial insurance from quote through claims,” he said in a statement.
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