Unicorn Nest news
Just Insure Raises $8M in Funding
– Just Insure is a Los Angeles, CA-based pay-per-mile insurance technology company that uses telematics to reward safe drivers and reduce insurer bias.
– Company raised $8m in funding.
– The round was led by CrossCut Ventures, ManchesterStory and Western Technology Investments.
– The new investment will be used to scale operations and its product offering as it looks to expand into additional states.
Unicorn Nest news
reThought Raises $15.5M in Series A Funding
– reThought Insurance, a Broomfield, Colo.-based tech-enabled MGA, closed a $15.5m Series A funding.
– The round was led by Telstra Ventures with participation from Hudson Structured Capital Management and ArcTern Ventures as welll as existing venture funds Menlo Ventures, ManchesterStory and Streamlined Ventures.
– The company intends to use the funds to expand sales team, technology, research and development and growth in the flood insurance market.
Unicorn Nest news
Cowbell Cyber Grabs $20M in Series A
– Cowbell Cyber, an AI-powered cyber insurance provider, has closed $20 Million in Series A funding.
– Brewer Lane Ventures led the investment with participation from Pivot Investment Partners, Avanta Ventures, Markel Corporation, and existing investors ManchesterStory, Tri-Valley Ventures, and Holmes Murphy.