Intact Ventures led an $11.5m round for the business insurance software provider that was also backed by Lackawanna Insurance Group.
US-based digital insurance software developer Coterie received $11.5m on Friday in a series A-1 round led by Intact Ventures, the venture capital arm of property and casualty insurance group Intact Financial.
The round also featured Lackawanna Insurance Group, a subsidiary of insurance provider Delaware Life, as well as Alpha Edison, RPM Ventures and Allos Ventures.
Coterie’s data-driven technology enables small businesses to incorporate business insurance tools into their online offerings. It also provides software that helps independent agents and brokers…
