Total amount raised
$352.5 Millions
Latest funding date
01/01/2025
Location
Netradyne has successfully raised significant funding to advance its AI-driven fleet safety solutions. The company's platform leverages advanced vision technology and automated coaching to enhance driver behavior and fleet management.
Keep reading to explore the intricacies of Netradyne's fundraising journey and the investors backing this innovative platform.
What Is Netradyne?
Netradyne is a company that specializes in fleet safety solutions using AI and advanced vision technology. Their flagship product, Driver•i, offers real-time driver monitoring, behavior correction, and rewards for safe driving. The system aims to improve road safety, reduce accidents, and increase fleet profitability.
Operating in the fleet safety industry, Netradyne serves a global market with tailored solutions. The company has received various industry awards and recognitions for its innovative approach to enhancing driver behavior and fleet management.
How Much Funding Has Netradyne Raised?
- Series A
- Amount Raised: $16M
- Date: June 2016
- Lead Investors: Reliance Industries
- Series B
- Amount Raised: $21M
- Date: September 2018
- Lead Investors: M12 - Microsoft's Venture Fund, Reliance Industrial Investments and Holdings
- Venture Round
- Amount Raised: $10.5M
- Date: December 2019
- Lead Investors: -
- Series C
- Amount Raised: $150M
- Date: July 2021
- Lead Investors: SoftBank Vision Fund
- Debt Financing
- Amount Raised: $65M
- Date: September 2022
- Lead Investors: Silicon Valley Bank
- Series D
- Amount Raised: $90M
- Date: January 2025
- Lead Investors: Point72 Ventures
In total, Netradyne has raised $352.5M across all funding rounds.
Key Investors
- Point72 Ventures
- Details: Point72 Ventures is the venture capital arm of Point72 Asset Management, founded by Steven A. Cohen. The firm focuses on early-stage investments in technology and financial services.
- Investment Focus Areas: Fintech, artificial intelligence, enterprise software
- Notable Investments: Acorns, Extend, Socure
- Silicon Valley Bank
- Details: Silicon Valley Bank is a high-tech commercial bank that primarily serves technology, life sciences, and venture capital clients. It provides a range of financial services including loans, treasury management, and investment banking.
- Investment Focus Areas: Technology, life sciences, venture capital
- Notable Investments: Impossible Foods, Pinterest, Shopify
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is one of the largest technology-focused investment funds in the world, managed by SoftBank Group. The fund aims to invest in market-leading, tech-enabled growth companies.
- Investment Focus Areas: Artificial intelligence, robotics, telecommunications
- Notable Investments: Uber, WeWork, Arm Holdings
- M12 - Microsoft's Venture Fund
- Details: M12 is the venture capital subsidiary of Microsoft, focusing on investments in early-stage technology companies. The fund provides both capital and strategic support to its portfolio companies.
- Investment Focus Areas: Cloud computing, artificial intelligence, cybersecurity
- Notable Investments: Livongo, Asana, Innovaccer
- Reliance Industries
- Details: Reliance Industries is an Indian multinational conglomerate, led by Mukesh Ambani. The company operates in various sectors including petrochemicals, refining, oil, telecommunications, and retail.
- Investment Focus Areas: Energy, telecommunications, retail
- Notable Investments: Jio Platforms, Network18, Saavn
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