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Announced

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Battery Ventures led a $25m in Series B round in Obie.

Synopsis

Battery Ventures, a technology-focused investment firm, led a $25m in Series B round in Obie, an industry-leading insurtech startup, with participation from Brick and Mortar VC and DivcoWest. “We’re excited to have the ongoing support of our investors as we continue to build insurance products that drive efficiency and change the way insurance is bought and sold. This funding supports the future of embedded insurance, as we expand our partnerships across industries and offer additional insurance products to clients," Ryan Letzeiser, Obie Co-Founder and CEO.

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