Announced
Completed
Financials
Tags
Venture Capital
Minority
Domestic
Friendly
Acquisition
Private
Private Equity
Completed
Property and Casualty Insurance
home insurance
United States
Single Bidder
Synopsis
QED Investors, a boutique venture capital, led a $82 Series D round in Kin Insurance, a direct-to-consumer home insurance company, with participation from Commerce Ventures, Flourish Ventures, Hudson Structured Capital Management, Alpha Edison, Allegis NL Capital, Avanta Ventures, and August Capital, Geodesic Capital, and PROOF.vc. “We’re modernizing an industry rife with inefficiency, and we’re doing it with our unmatched ability to move fast and respond to changes in climate, technology, and consumer preferences. Kin is a force to be reckoned with and this investment will help us extend our lead over legacy competitors that are stuck in the past,” Sean Harper, Kin Chief Executive Officer.
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