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Nirvana Insurance raises $57m in Series B funding

San Francisco based insurer of commercial truck fleets raised $57m in Series B funding led by Lightspeed Venture Partners.

“Nirvana is bringing insurance into the modern era, changing how the industry considers risk. Their incredible growth is a testament to the opportunities AI and data analytics are opening up in fleet insurance and beyond, especially given that the IoT fleet management market is expected to continue growing.”

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insurance, risk management, fleet management