Coterie raised $27M in a post-Series B funding round with Hiscox backing.
Mar 18, 2024•over 1 year ago
Amount Raised
$27 Million
Round Type
series b
Investors
Rpm VenturesWeatherford CapitalIntact VenturesHiscox
Description
Coterie, a small business-focused insurtech company, announced a $27-million post-Series B funding round with fresh backing from Hiscox and participation from existing investors Intact Ventures, Weatherford Capital, and RPM Ventures.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech