About HDVI
HDVI is a Financial Services company based in Chicago (United States) founded in 2018 by Reid Spitz and Chuck Wallace. Telematics-based data monitoring solutions for auto insurers and fleet owners. It operates in the Financial Services and Transportation, Automotive & Logistics sectors. HDVI has raised $88.5 million across 3 funding rounds from investors including Daimler Trucks North America, Qualcomm Ventures and 8VC. Its chief executive, as recorded, is Chuck Wallace. HDVI offers products and services including Shift Dynamic Insurance, Fleet Services, and Safety Tools. Its focus areas include FinTech, Insurance IT, Data and Monitoring Solutions and Usage-based. Its legal entity is HDVI Insurance Services, Inc. Its competitors include Clearcover, Hagerty and Zendrive; 3 of its 3 listed competitors have raised funding.
Company details
HDVI was founded in 2018 in Chicago, United States, and operates in the telematics sector for insurance and fleet management. Solutions are delivered for fatigue analysis, compliance monitoring, driving behavior evaluation, vehicle data handling, and overall fleet oversight. These services support auto insurers and fleet operators in data-driven decision-making across the transportation industry.
- Total Equity Funding$88.5M (USD)
in 3 rounds
- Latest Funding Round$40M (USD), Series C
Feb 2025
- InvestorsDaimler Trucks North America
& 5 more
Products & Services of HDVI
HDVI offers a comprehensive portfolio of products and services, including Shift Dynamic Insurance, Fleet Services, and Safety Tools.
Dynamic pricing insurance for trucking fleets.
Tools to improve fleet safety and operations.
Integrated systems for driver safety metrics.
Apps and channels of HDVI
its YouTube channel HDVI has 19 subscribers and 7 videos.
Videos from HDVI
The most watched videos on HDVI's YouTube channel, HDVI (19 subscribers). Click a video to play it here.
More on HDVI.
Funding Insights of HDVI
HDVI has successfully raised a total of $88.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $88.5M
- Total Rounds 3
- Last Round Series C — $40M
- First Round $16M
(Aug 2020)
- Investors Count 6
All 3 funding rounds of HDVI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $40M | Series C | – | 8VC, Autotech Ventures | – |
| Aug 2021 | $32.5M | Series B | – | Weatherford Capital | |
| Aug 2020 | $16M | Series A | – | Munich Re Ventures, 8VC | – |
6 investors in total: 6 institutional.
Investors in HDVI
HDVI has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Daimler Trucks North America, Qualcomm Ventures and 8VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
VC firm investing globally | autotechvc.com | Menlo Park, United States | ||
Startups are funded by Munich Re-backed venture capital firm. | munichreventures.com | San Francisco, United States | ||
VC and PE investments are provided by family office-backed firm. | weatherfordcapital.com | Tampa, United States | ||
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Manufacturer of trucks | 1942 | daimler-trucksnorthamerica.com | Portland, United States |
Investor details for HDVI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of HDVI
21 people are tracked at HDVI (10 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Reid Spitz | Co-Founder | Leadership |
Chuck Wallace | Co-Founder & CEO | Leadership |
Keith Halasy | VP, Marketing | Leadership |
Cu Pham-Barnes | CTO | Leadership |
Brett Veness | Vice President Of Finance | Leadership |
Todd Witte | Chief Insurance Product Officer | Leadership |
Kareem Bawala | Vice President of Software Engineering | Leadership |
Nikki Fleming, CPA | Director of Finance | Leadership |
Tic S. | Director Of Quality Assurance | Leadership |
Tuan Pham-Barnes | Chief Technology Officer | Leadership |
Viju Hullur | Senior Product Manager | Team |
Azad Hussain | Finance Specialist | Team |
Juanita M. | Senior Product Manager | Team |
Michael Larkin | Product Manager | Team |
Lena Nelson, CPCU | Senior Product Compliance Analyst | Team |
Nick Camacho | Senior Actuarial Analyst | Team |
Caleb Cunningham | Senior Product Manager | Team |
Bettina Rudisill | Avp, Insurance Product And Compliance | Team |
Katarina Buha | Senior Quality Assurance Manager | Team |
Genesia Robinson | Commercial Physical Damage | Team |
1 more people are available in the full profile.
Complete people profiles for HDVI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of HDVI
3 dated milestones of HDVI across 7 years, from founding to its latest funding, stage changes and deals.
- Founded HDVI is founded.
- Funding First funding round of $16.0M.
- Funding Latest funding round, Series C, of $40.0M.
Competitors of HDVI
HDVI has 3 listed competitors in our database, 3 of them funded. They include Clearcover, Hagerty and Zendrive.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clearcover.com | 2016 | Chicago, United States | $457.2M | 450 | Automotive insurance is delivered via an online platform. | |
| hagerty.com | 1983 | Traverse, United States | $212.5M | Automotive insurance solutions are provided to vehicle users. | ||
| zendrive.com | 2013 | San Francisco, United States | $53.62M | 30 | AI-enabled platform offering driver behavior monitoring and analysis solutions |
Detailed competitors of HDVI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of HDVI
The website of HDVI (hdvi.com) receives about 7.7K visits a month.
- Monthly visits7.7K
▲ 151.4% vs previous month
Websites whose visitors overlap most with HDVI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dmcinsurance.com | 100% | 2.4K | #8,308,837 | View details | |
veritasclaims.com | veritasclaims.com | 95% | #6,864,900 | – |
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as HDVI (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Hdvi
Complete news archive for HDVI
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Frequently Asked Questions about HDVI
HDVI was founded in 2018 and raised its 1st funding round 2 years after it was founded.
HDVI is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Chuck Wallace is the CEO of HDVI, as recorded in our data. They have also founded this company.
HDVI is a funded company, having raised a total of $88.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on Aug 2020.
HDVI was founded in 2018 in Chicago, United States, and operates in the telematics sector for insurance and fleet management. Solutions are delivered for fatigue analysis, compliance monitoring, driving behavior evaluation, vehicle data handling, and overall fleet oversight. These services support auto insurers and fleet operators in data-driven decision-making across the transportation industry.
HDVI's top competitors include Hagerty, Clearcover and Zendrive.
HDVI offers Shift Dynamic Insurance, Fleet Services, and Safety Tools.
HDVI has 6 investors. Key investors include Daimler Trucks North America, Qualcomm Ventures, 8VC, Autotech Ventures, and Munich Re Ventures.
HDVI operates through Hdvi Insurance Services, Inc..