Announced
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Synopsis
Centana Growth Partners, a growth equity firm that invests in companies within the fintech and related enterprise software eco-systems, led a $60m funding round in First Connect Insurance, a digital platform designed to level the playing field for independent agents by providing access to over 100 carriers and MGAs across home, auto, cyber, small business, life, and specialty lines, with participation from Pruven Capital, Cota Capital, and Cross Creek. “The insurance market is increasingly volatile, with agents and carriers grappling with fragmented systems and changing underwriting processes. First Connect’s commitment to addressing the unique needs of independent agents caught our attention. The Company's strong unit economics, impressive growth trajectory, and ambitious, talented team impressed us,” Sarah Kim, Centana Growth Partners Partner.
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