Insurify covers series A with $23m raise

Jan 16, 2020 • Bjorn Sunde

Hearst Ventures joined existing investors MassMutual Ventures and Nationwide Ventures as the insurance comparison platform took its total funding to nearly $30m.

US-based automotive insurance comparison service Insurify has secured $23m in series A funding from investors including media group Hearst and insurance firms MassMutual and Nationwide.

The round was co-led by venture capital firm MTech Capital and Viola Fintech, a specialist fund managed by technology investment group Viola Group, while the corporates took part through Hearst Ventures, MassMutual Ventures and Nationwide Ventures respectively.

Founded in 2013, Insurify runs an online platform that allows users to compare automotive insurance packages from a…

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