Axa Venture Partners and MassMutual Ventures returned for the insurance comparison marketplace’s latest round, which included Brighthouse Financial, Global Atlantic Financial, IA Financial, Lincoln Financial and Pacific Life.
US-based insurance distribution platform developer Policygenius completed a $125m series E round yesterday featuring insurers Axa, Brighthouse Financial, Global Atlantic Financial, IA Financial, Lincoln Financial, Massachusetts Mutual Life and Pacific Life.
KKR, Norwest Venture Partners (NVP) and Revolution Ventures also took part in the round, which included a credit facility from financial services provider Orix Corporation USA’s Growth Capital subsidiary and the refinancing of an existing senior loan facility with JPMorgan.
Axa and MassMutual invested through Axa Venture Partners (AVP)…
