Netradyne Raises $90M to Enhance AI Dashcams for Safer Roads

Netradyne Raises $90M to Enhance AI Dashcams for Safer Roads
Netradyne, a California-based startup, has secured $90 million in Series D funding, elevating its valuation to $1.25 billion. The investment, led by Point72 Private Investments, will support the expansion of its AI-enabled dashcams for commercial fleets, which have already proven to reduce crashes by 50%. Following its success in North America and India, the company aims to enter markets in Ireland and Japan. Netradyne's innovative dashcams utilize real-time alerts and advanced data analytics, accumulating over 18 billion miles of driving data to enhance safety and compliance.