Fintech | Chicago

Kin Insurance Closes $35M Series B to Disrupt Insurance Industry

Kin Insurance, an insuretech making home insurance easy and affordable, closed a $35 million Series B round led by Commerce Ventures with HSCM Bermuda, Flourish Ventures, QED, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, the U of C's Startup Investment Program, and others. Kin's unique model has no agent middlemen and insurance policyholders get shares of company profits. [Full story]