Netradyne Revenue, Valuation, Funding & Investors

Netradyne is valued at $1.4B as of January 2025, a 43.5x multiple on its last reported $31M revenue.

Last Netradyne valuation

$1.4B

Series D · Jan 2025

Last Netradyne funding round

$90M

Series D · Jan 2025

Netradyne revenue

$31M

Series D · Jan 2025

Key investors in Netradyne

Netradyne Overview

About Netradyne

Netradyne is a San Diego-headquartered computer vision company enhancing fleet safety through AI-driven cameras and analytics. Its Driveri system processes video feeds from vehicle-mounted devices to score driver behavior, detect distractions, and predict collision risks. Deployed in trucking and delivery fleets across North America, Netradyne analyzes billions of miles driven annually, integrating with telematics from Samsara and Geotab for comprehensive risk management.


Founded

2015

HQ

United StatesSan Diego, CA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$31M (Jan 2025)

Valuation

$1.4B (Jan 2025)

Netradyne Valuation

Netradyne is currently valued at $1.4B, based on its Series D in January 2025.

The $90M round was led by Point72 Ventures, with participation from Qualcomm Ventures, Geodesic Capital and Pavilion Capital.

Netradyne's valuation has grown 34x from $40M at its Series A in June 2016 to $1.4B in January 2025, across 3 priced rounds.

Netradyne valuation by funding round

Revenue multiple
Netradyne valuation by funding round
DateStageValuationRevenue Multiple
Jan 2025Series D$1.4B43.5x
Jul 2021Series C$900M-
Jun 2016Series A$40M-

Netradyne Revenue

Netradyne's latest recorded revenue is $31M, as of its Series D in January 2025. At a $1.4B valuation, that implies a 43.5x revenue multiple.

Netradyne revenue by funding round

Netradyne revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2025$31M$1.4B43.5xSeries D

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Netradyne Funding History

Netradyne has raised a total of $288M across 5 funding rounds.

Netradyne's first fundraising round was a $16M Series A in June 2016. The most recent completed round was a $90M Series D in January 2025.

Netradyne funding rounds

Netradyne funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2025Series DPoint72 Ventures (lead); Qualcomm Ventures; Geodesic Capital; Pavilion Capital$90M$1.4BNetradyne is a San Diego and Bengaluru-based SaaS provider specializing in AI-powered fleet safety and video telematics solutions, including its Driver.i dashcam product that uses edge computing to enhance driver safety, reduce accidents, and support fleet management across industries like food and beverage, oil and gas, transportation, utilities, field services, passenger transit, and construction. Founded in 2015 and backed by investors such as SoftBank Vision Fund, Reliance Industries, and Hyundai Cradle, the company serves over 3,000 customers and more than 450,000 active subscribers in markets including the US, Canada, Mexico, Germany, the UK, Australia, New Zealand, and India, with plans to expand into Europe and Japan. The fresh capital will fuel research and development, including investments in generative AI, go-to-market strategies, sales and marketing, market expansion, and global growth to solidify its position in commercial fleet technology. Netradyne does not plan to develop autonomous driving systems but aims to partner with such companies using insights from its data. Existing investors include SoftBank Vision Fund, Silicon Valley Bank (from a prior $65 million debt round in 2022), and others, with this marking a continuation of growth since the $150 million Series C in 2021 led by SoftBank. The funding underscores investor confidence in Netradyne's technology for safer roads and professional drivers, as highlighted by Point72's Managing Partner Sri Chandrasekar, who has been involved since 2018. CEO Avneesh Agrawal emphasized accelerating growth, technology capabilities, and global impact on transportation safety and efficiency.
Jul 2021Series CSoftBank Group (lead); Point72 Ventures; M12$150M$900MNetradyne, founded in 2015 in San Diego with significant operations in India, develops AI-powered video safety cameras and fleet performance analytics using edge computing to enhance driver safety, reduce risky behaviors, and reward positive driving. Its flagship product, Driveri, provides vision-based recognition and insights for commercial fleets, serving over 1,000 customers across industries including some of the world's largest fleets, with reported reductions in insurance claims up to 82% for certain customers. On July 15, 2021, Netradyne raised $150 million in its Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors Point72 Ventures and M12 (Microsoft's VC arm), bringing total capital raised to over $197 million. Previous funding included $16 million Series A and $8 million follow-on from Reliance Industries in 2016 and 2018. Proceeds from the round were allocated to advancing core AI and edge computing technologies, geographic expansion beyond North America and India into regions like Europe, and hiring across R&D (emphasizing India, which hosts two-thirds of its 300+ global employees), marketing, and customer support. The investment underscores SoftBank's focus on transformative transportation tech for safer roads, as noted by Managing Partner Nagraj Kashyap. CEO Avneesh Agrawal highlighted the funding's role in solidifying global leadership in fleet safety amid driver shortages.
Dec 2019Series AM12$11M-Netradyne raised $10.52 million in December 2019 as part of its Series B funding. The company, founded in 2015, develops AI-powered fleet safety solutions using computer vision and deep learning technology to monitor driver behavior and improve road safety. By 2020, Netradyne demonstrated significant traction with over 300% annual recurring revenue growth. The company went on to raise $150 million in Series C funding in July 2021 led by SoftBank Vision Fund, and subsequently achieved unicorn status with a $2.25 billion valuation following a $90 million Series D round in January 2025.
Sep 2018Series BM12 (lead); Reliance Industries (lead); Point72 Ventures$21M-Netradyne is an artificial intelligence and edge computing company founded in 2015 that focuses on driver and fleet safety solutions for commercial fleets. The company uses computer vision, machine learning, and deep learning technologies to develop vision-based driver recognition and fleet safety platforms, with its flagship product Driveri capturing and analyzing driving experiences to reduce incidents and improve driver retention. On September 27, 2018, Netradyne announced a $21 million Series B funding round led by M12 (Microsoft's corporate venture arm) with participation from Reliance Industries Limited (which had previously invested $16 million in the Series A round), Point72 Ventures, and others. M12 secured a board seat as part of the investment. The Series B funding was intended to expand the engineering team, invest in artificial intelligence and deep learning applications across new industry segments beyond commercial fleets, and continue development of the Driveri platform's capabilities. The company later disclosed that by early 2022, it had achieved Annual Recurring Revenue of Rs 500 crore (approximately $60 million USD) and planned to reach Rs 1000 crore by end of 2022, indicating significant revenue growth in the years following the 2018 Series B round.
Jun 2016Series AReliance Industries (lead)$16M$40MNetraDyne is a US-based startup headquartered in San Diego, California, developing IoT solutions using computer vision and deep learning for automotive applications including driver assistance and fleet management, as well as drones, healthcare, and security. At the time of the investment in June 2016, the company was in its research and development stage without commercial products launched. Reliance Industries invested $16 million in compulsorily convertible preferred shares through its subsidiary Reliance Industrial Investments and Holdings Ltd, with half the amount deployed by May 31, 2016, and the remainder by March 31, 2017. This investment granted Reliance a 40% stake on a fully diluted basis, implying a $40 million post-money valuation. The deal aimed at synergies with Reliance's telecom and digital initiatives, including commercialization in India. NetraDyne's platform processes visual inputs for industries like fleet management, automotive, security, and surveillance. The funding was intended to support production ramp-up and global market expansion.

Who has invested in Netradyne?

7 investors have backed Netradyne across its funding rounds, including M12, Point72 Ventures, Reliance Industries, SoftBank Group, Qualcomm Ventures and Pavilion Capital.

Lead investors include Point72 Ventures, SoftBank Group, M12 and Reliance Industries.


Netradyne Investors

Investors in Netradyne by funding rounds participated
InvestorHQRoundsRoleFirst check
Point72 VenturesUnited StatesNew York City, NY3LeadSep 2018
M12United StatesUnited States3LeadSep 2018
Reliance IndustriesIndiaMumbai2LeadJun 2016
Qualcomm VenturesUnited StatesSan Diego, CA1ParticipantJan 2025
SoftBank GroupJapanTokyo1LeadJul 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Netradyne

Netradyne has acquired 1 company to date.

Last acquisition by Netradyne was on May 4th 2026. Netradyne acquired Moove Connected Mobility for undisclosed valuation.


Latest Acquisitions by Netradyne

Moove Connected Mobility
Description
Moove Connected Mobility is a provider of connected mobility solutions that connect vehicle data to minimize fleet manager intervention. Telematics, data analytics, and IoT enable analysis of fleet usage by location, which identifies underutilized sub-fleets over six-month periods. The company extends services to connected cars and other mobility applications.
HQ CountryNetherlands
HQ City
Utrecht
Deal Date4 May 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Netradyne Competitors

Netradyne competitors include listed companies like Aurora Innovation, Aeva and WeRide, and private ones like Soterea, Zelos and Luminar.

Public and private companies comparable to Netradyne
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Aurora InnovationUnited StatesUnited StatesPublicly listed$3M($786M)$13B1040.1x
SotereaChinaTianjinPrivate--$1.4B-
AevaUnited StatesUnited StatesPublicly listed$18M($139M)$1.1B35.6x
WeRideChinaChinaPublicly listed$102M($257M)$1.9B8.3x
ZelosChinaBeijingPrivate--$2B-
LuminarUnited StatesOrlando, FLPrivate$13M-$900M69.2x

Netradyne Public Comps

Netradyne is still privately-owned, but its public comps include Eacon Group, Cidi, Red Violet, Clarivate, Droneshield, KPIT Technologies, Red Cat Holdings, Aeva, HL Mando and Extreme Vision.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eacon Group$214M($33M)6.6x-(42.5x)-
Cidi$132M($155M)8.8x5.0x(7.5x)(22.7x)
Red Violet$90M$24M13.2x11.7x50.0x31.7x
Clarivate$2.5B$829M2.1x2.2x6.3x5.3x
Droneshield$154M$3M6.7x5.8x321.0x(254.5x)
KPIT Technologies$673M$128M2.3x2.2x11.8x11.3x
Red Cat Holdings$41M($72M)19.0x6.6x(10.7x)(8.8x)
Aeva$18M($139M)54.7x35.6x(7.1x)(8.7x)

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Common questions about Netradyne

When was Netradyne founded?Netradyne was founded in 2015.
Where is Netradyne headquartered?Netradyne is headquartered in San Diego, CA, United States.
Is Netradyne publicly listed?No, Netradyne is a private, VC-backed company.
What is Netradyne's valuation?Netradyne was last valued at $1.4B in its Series D in January 2025.
How much funding has Netradyne raised?Netradyne has raised $288M across 5 funding rounds.
What was Netradyne's last funding round?Netradyne's last funding round was a $90M Series D in January 2025, led by Point72 Ventures.
Who are Netradyne's investors?Netradyne's investors include Point72 Ventures, M12, Reliance Industries, Qualcomm Ventures, SoftBank Group, Geodesic Capital and Pavilion Capital.
What is Netradyne's revenue?Netradyne's latest recorded revenue is $31M (January 2025).
What is Netradyne's revenue multiple?Netradyne's latest valuation implies a 43.5x revenue multiple ($1.4B valuation on $31M of revenue).
Which companies are comparable to Netradyne?Companies comparable to Netradyne include Aurora Innovation, Soterea, Aeva, WeRide, Zelos and Luminar.
How many companies has Netradyne acquired?Netradyne has acquired 1 company, including Moove Connected Mobility.

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