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New Deal


Announced

Completed

QED Investors led a $25 Series A round in Tint.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Friendly

Acquisition

Minority

artificial intelligence

Private

Completed

software

United States

machine learning

Private Equity

FinTech

Domestic

information technology

Single Bidder

Synopsis

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QED Investors, a boutique venture capital firm, led a $25 Series A round in Tint, a platform that empowers companies to protect their end-users through unique embedded insurance products, with participation from Nyca, Deciens, Y Combinator, and Webb Investment Network. "We're living through the biggest transformation in insurance since it was invented, with the potential to affect hundreds of thousands of companies and billions of consumers. Most people think that embedded insurance is about distribution, but the seismic shift comes in the products that reinvent how people consume insurance. As early employees at Turo, we saw an opportunity to launch the infrastructure that will power this revolution. We're excited to partner with QED and our existing investors to help tech platforms protect their customers with unique insurance products," Matheus Riolfi, Tint Co-founder and CEO.

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