Announced
Completed
Synopsis
Vy Capital, a private equity firm, led a $30m Series B round in Counterpart, a management liability insurtech platform, with participation from Valor Equity Partners and Felicis Ventures. “Small businesses are struggling and traditional commercial insurance carriers have been slow to respond to their needs. On top of a pandemic, inflation, labor shortages and supply constraints, in 2022 companies now also face lawsuits related to their COVID vaccination and return-to-work policies. We're committed to introducing more insurance products and tools to help small businesses navigate the new norms of operating in this dynamic business environment," Tanner Hackett, Counterpart Founder and CEO.
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