AI-driven SaaS provider Netradyne has raised $90 million in its Series D round, led by Point72 Private Investments, with Qualcomm Ventures and Pavilion Capital also participating.
With over 450,000 active subscribers and 3,000+ customers across industries like transportation, utilities, and retail, the company plans to use the funds for R&D, global expansion, and enhanced go-to-market efforts.
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“Investing in Netradyne is about believing in safer roads and supporting professional drivers. Since our initial investment in 2018, we’ve witnessed Netradyne’s impressive growth and believe their technology is well-positioned not only to empowers fleet managers but also to foster a culture of safe driving. We are excited to continue our partnership with Avneesh and the Netradyne team as they advance their mission to transform the global transportation industry,” Sri Chandrasekar Managing Partner at Point72 Private Investments said.
Netradyne’s Driver.i platform leverages AI to promote safer driving, reduce insurance costs, and streamline compliance management, serving markets in the U.S., India, Europe, and beyond.
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“The successful completion of our Series D funding round is a significant milestone for Netradyne and a testament to the confidence our investors have in our vision and innovative approach to AI-powered fleet safety solutions. This funding provides us with the resources to accelerate growth, expand our technology capabilities, and deliver even greater value to our customers worldwide. With this support, we are poised to scale our innovations globally, deepen our impact, and continue advancing safety and efficiency across the transportation industry, redefining what’s possible for fleets and communities alike,” Avneesh Agrawal CEO and Co-Founder at Netradyne, said.
About Netradyne
Founded in 2015 by Avneesh Agrawal (CEO) and David Julian (CTO), Netradyne is a global leader in AI-powered fleet safety and video telematics solutions. Headquartered in San Diego, California, with offices in San Francisco and Bangalore, India, Netradyne serves customers across the United States, Canada, Mexico, Germany, the U.K., Australia, New Zealand, and India.
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