Netradyne, a San Diego, CA-based SaaS provider specializing in AI and edge computing, has raised $90 million in Series D funding.
Investors
The round was led by Point72 Private Investments, with additional participation from Qualcomm Ventures and Pavilion Capital.
Point72 Private Investments is an institutional platform comprising Point72 Ventures, a multi-stage venture capital strategy, and Point72 Hyperscale, a private equity strategy leveraging AI to build and modernize market-leading companies.
Netradyne Use of Funds
This funding will accelerate Netradyne’s growth through R&D, go-to-market strategies, and global expansion.
About Netradyne
Founded in 2015 by Avneesh Agrawal and David Julian, Netradyne provides AI-powered fleet safety and video telematics solutions. Its flagship solution, Driver•i, utilizes AI to assess driver performance, rewarding positive driving behaviors. Headquartered in San Diego, with offices in San Francisco and Bangalore, Netradyne serves over 3,000 customers globally, with a growing presence in the U.S., Canada, Mexico, Europe, and more.
Funding Details
Company: Netradyne, Inc.
Raised: $90.0M
Round: Series D
Funding Month: January 2025
Lead Investor: Point72 Private Investments
Additional Investors: Qualcomm Ventures, Pavilion Capital
Company Website: https://www.netradyne.com/
Software Category: Safety and Fleet Management
Source: https://www.businesswire.com/news/home/20250116342580/en/