CSAA took part in the first close of a series D round for Kin Insurance, one of several companies using big data to cover higher-risk policies.
US-based online home insurance provider Kin Insurance received $82m in series D funding on Tuesday from investors including insurance provider CSAA Insurance Group’s corporate venturing unit, Avanta Ventures.
The cash represented the first tranche of Kin’s series D round and it was led by QED Investors, while Commerce Ventures, Flourish Ventures, Hudson Structured Capital Management (HSCM), Alpha Edison, Allegis NL Capital, August Capital, Geodesic Capital and Proof.VC also invested.
Kin provides home insurance through a direct-to-consumer model that uses big…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
