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Announced

Completed

QED Investors led a $82 Series D round in Kin Insurance.

Financials

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Transaction Value£61m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Minority

Domestic

Friendly

Acquisition

Private

Private Equity

Completed

Property and Casualty Insurance

home insurance

United States

Single Bidder

Synopsis

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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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