Nirvana Insurance snags $100M pre-emptive Series D led by Valor Equity, with Lightspeed and General Catalyst joining in. CEO Rushil Goel: AI will redefine underwriting amid 20% rate hikes.
Goel noted that in 2025 alone, Nirvana has scaled its fleet and non-fleet businesses, doubling their size while maintaining best-in-class loss ratios. One of those offerings is insurance for non-trucking commercial fleets, such as those for general a… [2004 chars]
Source: FreightWaves | Published: 2025-12-18T15:00:00Z
Credit: FreightWaves
