TNEDICCA Raises $1.75 Million to Reduce Traffic Accident Risk through Improved Insurance Coverage, Better Data and Analytics

Funding Rounds

Summary

Provider of crash location risk analytics, TNEDICCA is well positioned to save lives by improving insurance coverage and better data/analytics with comprehensive accident location database COLUMBUS, Ohio, March 15, 2022--(BUSINESS WIRE)--TNEDICCA®, the leader in location-based traffic crash intelligence and predictive analytics that enables more accurate auto insurance pricing, has closed $1.75 million in Series A funding to continue its mission of reducing traffic accidents and saving lives through improved insurance coverage and better data and analytics. Chris was previously President of SambaSafety and has a proven track record of building high-growth SaaS businesses that pioneer new categories of data, analytics, and risk solutions. "TNEDICCA has developed a unique, high value solution that is the first new category of auto risk information to be released in the past 20 years," said Chris McKay. The trends of increasing mileage and traffic accidents heighten the importance for insurers to precisely assess their risk and for fleet operators to more effectively manage their loss control process. Grange Insurance Company and its affiliates serve policyholders in Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and Wisconsin.

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Amount $1.8M Total raised
Date March 15, 2022 Announcement date
Investors Grange Insurance Lead investors
Company https://www.tnedicca.com Funded company

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