Idelic raises $8M Series A to develop solution for driver engagement, retention
Idelic's Safety Suite is said to be the most comprehensive safety and risk management platform in transportation.
Idelic, Pittsburgh, Pa., closed on an $8 million Series A financing round led by Origin Ventures, Chicago, with participation from TDF Ventures, Chevy Chase, Md.; Birchmere Ventures, Pittsburgh, Pa.; Bain Capital Ventures, Palo Alto, Calif.; and SaaS Venture Capital, Bethesda, Md. In conjunction with the financing, Scott Stern, vice president of Origin Ventures, and Matt Bressler, principal of TDF Ventures, joined the company's board of directors.