TNEDICCA® Announces $750,000 Capital Investment
Summary
COLUMBUS, Ohio--(BUSINESS WIRE)--TNEDICCA®, the leader in location-based traffic crash intelligence and predictive analytics that enables more accurate auto insurance pricing, announces the closing of $750,000 in capital funding. TNEDICCA will be expanding its product development, account management and sales teams to help scale the platform and increase distribution through its strong pipeline of additional insurance companies. “The team at TNEDICCA has built an incredibly impressive proprietary platform that captures and enriches traffic accident data down to a specific address and cross street over much of the United States,” said Raj Malik, Partner at Pixel Perfect Ventures, who will also be joining TNEDICCA’s Board of Directors. These risk scores will help us offer more competitive rates to our customers, and make it easier for our independent agents to do business with us.” “Pixel Perfect Ventures has an incredibly impressive background and extensive experience in growing and scaling early stage companies,” said Yiem Sunbhanich, Co-Founder & CEO, of TNEDICCA. Grange Insurance Company and its affiliates serve policyholders in Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and Wisconsin.