by Merlin Beyts | Nov 1, 2022 | Investment News, North America, October 2022
Elpha Secure, a cyber insurance start-up has completed a $20 million Series A round led by Canapi Ventures. Aimed at SMEs, the technology that CEO Preetam Dutta and his team have built combines cybersecurity technology with insurance products....
by Merlin Beyts | Nov 1, 2022 | Investment News, North America, October 2022
Kin, a B2C home insurance provider, has received $145 million in committed debt facility led by Runway and Avenue. The first $100 million was funded immediately while the remaining $45 million will be handed over in two tranches once the company hits...
by Merlin Beyts | Nov 1, 2022 | Investment News, North America, October 2022
Munich Re Ventures has led a growth funding round for insurtech, Amplify. CEO Hanna Wu will use the funds to improve the company’s product line as well as launch a mobile application to allow customers to manage their policies and investment policies all year round. ...
by Merlin Beyts | Oct 4, 2022 | Investment News, North America, September 2022
Missouri-based iCover, an augmented underwriting platform for life insurers, has received a boost of $5 million in pre-seed funding led by Kesan Parasuraman – a private investor who also led their previous raise. iCover are looking to expand their product lines which...
by Merlin Beyts | Oct 4, 2022 | Investment News, North America, September 2022
Stere has backed up their $2 million funding round from the end of 2021 with another raise, this time getting $5 million in a round led by Vida Capital. Speaking about the new investment and the opportunities it presents, Stere CEO and Founder Dogan Kaleli, said,...
by ITC Admin | Oct 4, 2022 | Investment News, North America, September 2022
Detroit’s CoverTree has raised $10 million in seed funding led by AV8 Ventures and Distributed Ventures who were joined by Detroit Venture Partners, Ludlow Ventures and Annox Capital. CEO Adarsh Rachmale plans to expand the team and improve the company’s technology...