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distrait driving is one of the leading causes of car accidents and a major reason why motorcar insurance exchange premium areexpected to increase in 2025 . For commercial-grade fleet , that ’s a nightmare . But for California - based startup Netradyne , it ’s a tailwind .
Netradyneprovides fleet possessor , includingbig names like Amazon , with AI - enable dashcams that gather up vehicle data and video to ameliorate equipment driver safety , reducing fortuity by around 50 % , per the company . The devices , which can come equipped with inward- and outward - facing cameras , also expend edge computing to charge drivers real - time notifications if they ’re distracted or drive dangerously , while rewarding driver for good behaviour .
TechCrunch last reported onNetradyne ’s $ 150 million Series Cin 2021 , and since then the company has dilate beyond North America and India and into Germany , the U.K. , Australia , and New Zealand . To further that growth into Ireland and into Japan in the coming months , Netradyne has just raise a $ 90 million Series D at a pre - money valuation of $ 1.35 billion , top by Point72 Private Investments with participation from Qualcomm Ventures and Pavilion Capital .
And with majuscule elaboration get along groovy data . Over the years , Netradyne has accumulated over 18 billion miles ’ worth of data , which the company sound out has helped improve the merchandise to a pointedness of 99 % truth of alert and 25 million better compliance score .
Aside from planetary enlargement , the fresh capital will go toward improving the intersection and enhance go - to - market investments .
Today , fleets can get at Netradyne ’s Safety Manager Assistant , an AI - power carbon monoxide gas - pilot light that volunteer a natural terminology port to the company ’s portal and use procreative AI to have conversations about data point and insight . Avneesh Agrawal , CEO and co - founder of Netradyne , distinguish TechCrunch the company would invest more into generative AI , adding extra consumption cases to its co - pilot program and a more “ agentic approach . ”
Agrawal also note that Netradyne would habituate its vast data to formulate foundational drive models with a focus on corner case driving scenario to enhance autonomous drive technology .
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“ We have copious vision data analyzing every aspect of route and driving behavior and reading different route signs . No one in the autonomous industriousness has this form of data , ” Agrawal said . “ Our objective now is to trail a driving mannikin using generative AI to identify these edge case . ”
He added that it ’s not Netradyne ’s intention to develop its own AV engineering , but rather to partner with others and declare oneself the inauguration ’s datum and insights .
Netradyne ’s client cross fleets operating in online retail , food and potable , crude and gas , utilities , mental synthesis , and more . The startup provides two main products . The first is a quadruplet - view dashcam that collects footage from road - facing , gadget driver - facing , and two side window tv camera all in one easy - to - install gadget . This get machine driver behavior , subdue unsighted spots , and provides evidence in pillowcase of an accident . The second is a double - prospect television camera , which faces both the route and the equipment driver .
Fleet owners that need more visibility can use the Hub - X contribute - on , which is an extension to the dashcam that supports up to four additional television camera to be placed anywhere they ’re needed , like facing the back of a bus .
The startup also offers a driver monitoring solution which can be added onto the quad camera to notice drowsy driving behaviour using a dedicated sensor with nighttime detection and the power to see through most sunglasses , according to the company .
In response to business around driver privacy , Agrawal enunciate Netradyne is GDPR - compliant and never provides in person identifiable information of driver externally .
“ empower in Netradyne is about believing in safer roads and supporting professional drivers , ” Sri Chandrasekar , managing partner at Point72 Private Investments , enjoin . “ Since our initial investiture in 2018 , we ’ve witnessed Netradyne ’s impressive growth and conceive their technology is well - positioned not only to empower fleet managing director but also to foster a culture of good driving . ”
Agrawal said Netradyne has seen 65 % ontogenesis in the last 12 calendar month , and carry to be final profitable in the next year .
This article has been update to contemplate Netradyne ’s new valuation .
