Exclusive: AI Insurance Startup Nirvana Nearly Doubles Valuation To $1.5B with $100M Series D
Summary
Nirvana Insurance raised a $100 million Series D round at a $1.5 billion valuation. The company builds an AI-powered commercial insurance platform for trucking fleets using telematics and driving data to underwrite policies in real time. Existing investors Lightspeed Venture Partners and General Catalyst joined the round again, while Valor Equity Partners led the financing. Nirvana says it serves thousands of motor carriers and has doubled its year-over-year premium growth and staff size. The company has now raised more than $260 million in total funding.
Funding
Amount
$100.0M
Total raised
Date
December 18, 2025
Announcement date
Investors
General Catalyst, Techcrunch, Lightspeed Venture Partners
Lead investors
Company
http://www.nirvanatech.com
Funded company
Classifications
industries
InsurTech
applications
No applications detected
AskAI Classifications
Labels
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