CSAA participated in the first close of a series D round for Kin Insurance, which is part of the broader insurtech space, which has enjoyed the attention of corporate venture investors.
Kin Insurance, a US-based online home insurance provider, raised $82m in series D funding from a group of investors, featuring insurance provider CSAA Insurance Group’s corporate venturing unit, Avanta Ventures. The transaction represented the first tranche of the series D round, which was led by QED Investors. Also participating in the round were Commerce Ventures, Flourish Ventures, Hudson Structured Capital Management (HSCM), Alpha Edison, Allegis NL Capital, August Capital, Geodesic Capital and Proof.VC. The company also said it had already…
