# Nirvana Insurance

> Nirvana Insurance is a San Francisco-based, AI-native commercial trucking insurer that combines real-time telematics data with proprietary risk models to price, underwrite, and manage fleet insurance policies. Founded in 2021 by ex-Samsara, MIT, and Wharton operators, the company turns the data trucks already generate into safer roads, cheaper premiums, and faster claims.

- **Founded:** 2021
- **Headquarters:** San Francisco, California, United States
- **Founders:** Rushil Goel (Co-founder & CEO), Abhay Mitra (Co-founder & CTO), Alex Carges (Co-founder & Head of Insurance)
- **Team size:** ~220 employees
- **Products:** Fleet Insurance, Non-Fleet & Owner-Operator Insurance, Safety Platform, Claims Automation, Telematics Integration
- **Notable:** Named one of the fastest-growing insurtechs in its first year of selling policies., Crossed $1.5B valuation in Dec 2025 - nearly doubling its Series C mark in nine months., Raised $262M in total funding across five rounds in under five years.

## Products & services

- **Fleet Insurance** — A-rated commercial auto coverage for fleets of all sizes, priced using telematics and AI-driven risk models.
- **Non-Fleet & Owner-Operator Insurance** — Tailored coverage for smaller carriers and individual truckers.
- **Safety Platform** — Real-time driver behavior monitoring, coaching, and FMCSA tracking embedded in every policy.
- **Claims Automation** — AI-assisted FNOL, claims triage, and accident exoneration that compress weeks of work into hours.
- **Telematics Integration** — Native connections with major fleet telematics and camera providers, plus a Nirvana device for fleets without one.

## Achievements

- Named one of the fastest-growing insurtechs in its first year of selling policies.
- Crossed $1.5B valuation in Dec 2025 - nearly doubling its Series C mark in nine months.
- Raised $262M in total funding across five rounds in under five years.
- Ingested and modeled more than 20 billion miles of real-world truck driving data.
- Doubled year-over-year premium volume and headcount in 2025.

## Latest updates

- **2025-12** — Closed $100M Series D led by Valor Equity Partners at a $1.5B valuation.
- **2025-03** — Raised $80M Series C at $830M valuation, led by Lightspeed.
- **2024** — Doubled reinsurance capacity to support larger fleet accounts.
- **2023** — Announced $57M Series B to expand product to non-fleet trucking.

## Links

- Website: https://nirvanatech.com
- LinkedIn: https://www.linkedin.com/company/nirvana-tech
- Twitter/X: https://twitter.com/NirvanaTechInc
- YouTube: https://www.youtube.com/@nirvanainsurance
- Facebook: https://facebook.com/NirvanaInsurance

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Profile page: https://yespress.io/nirvana-insurance
Published by YesPress — https://yespress.io
Last updated: 2026-05-28