logo
logo

Coterie Insurance Raises $50M In Series B Funding To Accelerate The Transformation Of Small Business Insurance

Oct 26, 2021almost 4 years ago

Amount Raised

$50 Million

Round Type

series b

Cincinnati

Description

Coterie Insurance, the insurtech company making small business insurance easy, today announced the completion of a $50 million Series B financing round -- totaling $75 million raised since its founding in 2018.

Company Information

Company

Coterie Insurance

Location

Cincinnati, Ohio, United States

About

Coterie Insurance is on a mission to make business insurance easy. Through tech-based business insurance solutions, Coterie Insurance delivers simpler coverage, more accurate pricing, and a streamlined experience. By enabling the instant quoting and issuing of policies as well as a 100% digital underwriting process, agents and brokers can simplify and digitize their operations to better serve small businesses. Digital insurance platforms are able to leverage Coterie's simple, easy to integrate APIs, to further streamline the quoting and binding experience. Coterie's expansive appetite is the most inclusive for the small businesses of today. For more information on Coterie and the digital transformation of small business insurance, go to www.coterieinsurance.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech