About us

We’re on a mission to harness the power of data to revolutionize commercial insurance

How it started

While building the fleet business from scratch at Samsara, Rushil Goel observed that despite the rapid adoption of IoT/ telematics — with an estimated 50 billion connected devices by 2030 — trucking operations and insurance companies alike were missing the opportunity to leverage that data to predict risk. This meant that the critical operations that run our economy were greatly underserved and overpaying for insurance.

Together, with Abhay Mitra and Alex Carges, our founding team set out to change how fleets get value from their insurance providers by leveraging the vast amounts of data trucks produce each day to help them lower risk and save on premiums.

And the market agreed. Nirvana was named the fastest growing insurtech within its first year and we’ve sustained rapid growth since selling our first policy in 2022.

How it's going

Today, our global team is fueling our rapid expansion across the US and is dedicated to delighting agents and insureds alike. We're able to move quickly, innovate, and modernize an industry in desperate need of better solutions.

Our success is backed by top-tier investors and a world-class global reinsurance panel, ensuring we continue to innovate and provide exceptional service across the insurance landscape.

February 2022

$22M

Series A

October 2023

$57M

Series B

March 2024

Nirvana doubles A+ reinsurance capacity

“The way businesses have traditionally approached insurance is fundamentally broken — the process is confusing, slow, and comes at a high financial cost.

At Nirvana, we’re building fair, equitable insurance that prioritizes safety and proactive protection above all else.”