The insurance software provider has added funding from investors including Sompo, XL Catlin, Munich Re, Grupo Sura and JetBlue to close its series A round at $31.6m.

US-based insurance platform Slice Labs has received $20m for the second tranche of its series A round, that was led by insurance cooperative The Co-operators.

XL Innovate, Munich Re/HSB Ventures, Veronorte and JetBlue Technology Ventures, respective subsidiaries of insurance provider XL Catlin, reinsurance firm Munich Re, financial services holding company Grupo Sura and airline operator JetBlue, also took part.

The close was filled out by insurance firm Sompo and venture capital firm Horizons Ventures, and increased the size of the…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.