Netradyne is a company developing deep-learning solutions for transportation industry use. It was established in 2015 by Avneesh Agrawal and David Julian. Netradyne aims to provide solutions for transportation companies through the use of technology. The company is based in San Diego, California, United States and Bengaluru, India.
Netradyne’s main product offering is Driveri. Driveri was developed to manage the issue of road safety. Through the use of Driveri, drivers and fleet managers alike can monitor driver performances in real-time. A mobile application is provided for users, where they can access current analytics reports or driving performance patterns on a certain period. The information is collected from a device installed on the rear-view mirror in four-wheeled vehicles. The device is equipped with a deep-learning processor – named TeraFLOP – and several high definition cameras recording the events happening inside and outside the vehicle.
Since 2016, Netradyne has managed to raise a fund total of $37 million across two funding series. The company has recently held a Series B in September 2018, accumulating $21 million of capital. Investors who have financed Netradyne were M12, Reliance Industries, and Point72 Ventures.
Netradyne raises a $21,000,000 series B round from Point72 Ventures and Reliance Industries.