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Announced

Insight Partners led a $100m series C funding round in Corvus Insurance.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

United States

Friendly

Acquisition

smart commercial insurance

Private Equity

Minority

Completed

Domestic

Private

Insurance Brokers

Synopsis

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Insight Partners, a private equity firm, led a $100m series C funding round in Corvus Insurance, a provider of smart commercial insurance products powered by AI-driven risk data. “Our proven ability to extract actionable insights from novel data using AI and then apply those insights to improve our underwriting, the broker/client experience, and loss prevention for our policyholders will enable us to continue to grow in a fast and scalable way across many product lines,” Mike Lloyd, Corvus Co-founder and Chief Product Officer.

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