PolicyGenius Obtains $15,000,000 Series B Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff2d2bff-bc06-4869-b6df-97c6658abbea - Date
1/14/2016 - Company Name
PolicyGenius - Mailing Address
240 Kent Avenue Brooklyn, NY 11249 USA - Company Description
Frustrating is an understatement. Navigating the world of insurance is confusing, stressful and a step backward in time (hello, fax machines). And even after they’ve bought a policy, people worry they might still be on the hook for something they missed. Our simple mission: To get people the insurance coverage they need and make them feel good about it. - Website
http://www.policygenius.com - Transaction Type
Venture Equity - Transaction Amount
$15,000,000 - Transaction Round
Series B - Proceeds Purposes
The team will use the new influx of Series B funding to expand the company’s product lines and accelerate its growth in the U.S. insurance market, which is the largest in the world with more than $1 trillion of net premiums written annually. - M&A Terms
- Venture Investor
Revolution Ventures - Venture Investor
Karlin Ventures - Venture Investor
Susa Ventures - Venture Investor
AXA Strategic Ventures - Venture Investor
Transamerica Ventures - Venture Investor
MassMutual Ventures
