Announced
Completed
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Completed
Friendly
insurance services
Insurance Brokers
United States
Acquisition
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Private
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Venture Capital
Synopsis
Ribbit Capital, a venture capital firm, led a $25m round in Vouch, a business insurance services provider. "2023 was a landmark year for Vouch, driven by our team's dedication and our investors' belief in our mission. I'm proud that we're one of the few companies in our market that has achieved our goals despite industry headwinds, balancing pursuit of our big vision with strong business performance. And most importantly, we've been there when our clients need us most, successfully resolving hundreds of claims – many of which are complex and potentially company-limiting – totaling many millions of dollars. This additional equity funding enables us to expand our insurance product set and distribution channels and also to continue investing in our technology platform," Sam Hodges, Vouch Co-founder and CEO.
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