CSAA subsidiary Avanta Ventures returned for a round that will help the home insurance provider expand across the United States.
US-based digital insurance provider Kin Insurance raised $35m yesterday in a series B round featuring Avanta Ventures, the corporate venturing arm of insurer CSAA Insurance.
Venture capital firm Commerce Ventures led the round, which also attracted Hudson Structured Capital Management (HSCM), Flourish Ventures, QED, Alpha Edison, Allegis NL Capital, August Capital and University of Chicago (UChicago)’s Startup Investment Program.
Founded in 2016, Kin sells home insurance policies directly to consumers, relying on data analytics to recommend appropriate coverage. It has…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
