The Telstra-backed provider of commercial insurance and broker software has reached $162m of total funding through its latest round.
US-based commercial insurance provider Corvus Insurance has added $15m to a series C round backed by telecommunications group Telstra to bring it to $115m in size.
Venture capital firms FinTLV and Aquiline Technology Growth co-led the extension, which followed a $100m close in March this year led by Insight Partners that also featured Telstra Ventures, a subsidiary of telecommunications firm Telstra, as well as all of the company’s existing institutional investors.
Founded in 2017, Corvus provides commercial insurance products…
