American Family and Scor participated in a round that will support the expansion of Branch's digital insurance platform through the United States.
US-based digital automotive and home insurance provider Branch closed a $24m series A round on Wednesday that included reinsurance firm Scor and insurance group American Family.
Venture capital firm Greycroft co-led the round with HSCM Bermuda, the insurance investment vehicle for asset management firm Hudson Structured Capital Management.
The round included Revolution’s Rise of the Rest Seed Fund, SignalFire, Elefund, Foundation Capital and unnamed individuals from private equity firm Stone Point Capital, while American Family invested through its American Family…
