reThought Raises $15.5M in Series A Funding

02 Aug, 2021

reThought Raises $15.5M in Series A Funding
Photo by Daria Nepriakhina on Unsplash

– 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.

Commercial Innovation Management InsurTech Latin America
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