The digital insurance software provider Snapsheet has closed a $29m series E featuring Nationwide, Sedgwick, State Automobile Mutual Insurance Liberty Mutual, Fidelity and USAA.

US-based virtual claims software vendor Snapsheet completed a $29m series E round yesterday that included insurance providers Nationwide, Liberty Mutual and State Automobile Mutual Insurance, as well as insurance broker Sedgwick.

Financial services groups Fidelity and USAA also participated in the round, which was led by venture capital firm Tola Capital and also backed by fellow VC firm OCA Ventures.

Liberty Mutual and Fidelity took part through Liberty Mutual Strategic Ventures and F-Prime Capital respectively, while USAA invested through an…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.