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News August 18, 2021

TrustLayer Raises $15M to Build the Future of Insurance Verification

– TrustLayer, a collaborative risk management platform, announced it has closed a Series A funding round of $15.1m. – Craft Ventures led the round with participation from Abstract Ventures, Box Group, Propel Venture Partners, NFP Ventures, Sure Ventures, and PruVen Capital. – TrustLayer is the preferred solution to replace the insurance industry’s antiquated, paper-based methods for verifying coverage, introducing significant risk to supplier-driven sectors such as construction, banking, property management, and sports entertainment.