We're thrilled to announce that Nirvana has been selected for CB Insights' Insurtech 50 list for 2025. The Insurtech 50 spotlights the companies redefining insurance, and this recognition underscores our commitment to an AI-native insurer that uses intelligence at every step to redefine the commercial insurance landscape.
“We can dramatically reshape the future of insurance with telematics and AI. Harnessing the power of AI enables Nirvana to proactively reduce accidents and make the entire insurance experience faster, smarter, and more transparent,” said Rushil Goel, CEO of Nirvana.
"While others are trying to add AI onto legacy systems, we built AI into the core of our business—as the first AI-native insurer. This recognition only reinforces the impact we are bringing to market.”
What makes this recognition special
CB Insights' Insurtech 50 represents the industry standard for identifying technology leaders in the insurance space. The research firm's rigorous selection process evaluates companies based on factors including business model, market opportunity, competitive landscape, management team, and investor quality.
The credibility of this list speaks for itself. Highlights from the 2025 cohort include:
- $3.6B in equity funding raised over time, including $0.6B in 2025 so far.
- 60% of the winners are early-stage insurtechs, up 20 percentage points from last year’s winners.
- 260+ business relationships since 2021, including with industry leaders like Amazon Web Services, Generali, and Sun Life.
- Success probabilities among the global top 3% of private companies, signaled by a median CB Insights’ Mosaic score of 734 out of 1,000.
Our mission: Building the first AI-native insurer
We’re going beyond just adding AI into traditional insurance—we’re building the first AI-native insurer where intelligence powers every part of the platform.
With AI-powered insurance, outdated manual workflows are replaced with an intelligent system that speeds up quoting, simplifies service, and brings complete transparency to claims.
Here's how we're transforming insurance with AI:
- Quoting & Underwriting: AI parses fleet data to make quoting recommendations, helping prioritize underwriting time. Our AI driver summary also analyzes and flags key characteristics in driver pools, accelerating review.
- Claims & Service: Claims can be initiated directly from an email—AI creates the file, tags documents, and gets it in front of adjusters instantly. AI also scans policies and evaluates initial coverage automatically, giving adjusters a head start.
- Safety & Prevention: Fleet managers get insights into driver behavior, violations, and risk trends with personalized recommendations on how to improve.
Looking ahead: The future of insurance
This recognition from CB Insights validates our vision and energizes us to continue pushing the boundaries of what's possible in insurance technology. We’re committed to delivering innovative solutions that create real value and measurable results.
Stay tuned as we continue to leverage AI and telematics to build the future of smarter, more responsive insurance.
We're thrilled to announce that Nirvana has been selected for CB Insights' Insurtech 50 list for 2025. The Insurtech 50 spotlights the companies redefining insurance, and this recognition underscores our commitment to an AI-native insurer that uses intelligence at every step to redefine the commercial insurance landscape.
“We can dramatically reshape the future of insurance with telematics and AI. Harnessing the power of AI enables Nirvana to proactively reduce accidents and make the entire insurance experience faster, smarter, and more transparent,” said Rushil Goel, CEO of Nirvana.
"While others are trying to add AI onto legacy systems, we built AI into the core of our business—as the first AI-native insurer. This recognition only reinforces the impact we are bringing to market.”
What makes this recognition special
CB Insights' Insurtech 50 represents the industry standard for identifying technology leaders in the insurance space. The research firm's rigorous selection process evaluates companies based on factors including business model, market opportunity, competitive landscape, management team, and investor quality.
The credibility of this list speaks for itself. Highlights from the 2025 cohort include:
- $3.6B in equity funding raised over time, including $0.6B in 2025 so far.
- 60% of the winners are early-stage insurtechs, up 20 percentage points from last year’s winners.
- 260+ business relationships since 2021, including with industry leaders like Amazon Web Services, Generali, and Sun Life.
- Success probabilities among the global top 3% of private companies, signaled by a median CB Insights’ Mosaic score of 734 out of 1,000.
Our mission: Building the first AI-native insurer
We’re going beyond just adding AI into traditional insurance—we’re building the first AI-native insurer where intelligence powers every part of the platform.
With AI-powered insurance, outdated manual workflows are replaced with an intelligent system that speeds up quoting, simplifies service, and brings complete transparency to claims.
Here's how we're transforming insurance with AI:
- Quoting & Underwriting: AI parses fleet data to make quoting recommendations, helping prioritize underwriting time. Our AI driver summary also analyzes and flags key characteristics in driver pools, accelerating review.
- Claims & Service: Claims can be initiated directly from an email—AI creates the file, tags documents, and gets it in front of adjusters instantly. AI also scans policies and evaluates initial coverage automatically, giving adjusters a head start.
- Safety & Prevention: Fleet managers get insights into driver behavior, violations, and risk trends with personalized recommendations on how to improve.
Looking ahead: The future of insurance
This recognition from CB Insights validates our vision and energizes us to continue pushing the boundaries of what's possible in insurance technology. We’re committed to delivering innovative solutions that create real value and measurable results.
Stay tuned as we continue to leverage AI and telematics to build the future of smarter, more responsive insurance.
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