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Insurate, Leading Provider Of Data-Driven Workers&Apos; Comp Solutions, Announces $4.5M Investment Led By Hscm Ventures

Oct 05, 2021•almost 4 years ago

Amount Raised

$4.5 Million

Round Type

seed

Omaha

Description

Insurate, the data science-based underwriter providing fair and transparent workers' compensation solutions to high hazard small/mid-market companies, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd. Joining the round are Foundation Capital, Revolution’s Rise of the Rest Seed Fund, Clocktower Technology Ventures, Sure Ventures, and several angel investors, including independent agents and buyers of work comp.

Company Information

Company

Insurate

Location

Omaha, Nebraska, United States

About

Insurate is a leading insurance technology provider, wholesaler, and managing general agency that leverages data science to create new occupational insurance products for America’s industrial workforce. Through data science and predictive analytics, Insurate identifies businesses that are statistically safer than average, and rewards safe businesses with access to new products and significant savings. For more information, please visit www.insurate.com About HSCM Ventures HSCM Ventures is the venture capital arm of Hudson Structured Capital Management Ltd., doing its re/insurance business as HSCM Bermuda (”HSCM”). HSCM is a registered investment adviser focused on alternative investments in the Re/Insurance and Transportation sectors. As of September 1, 2021, HSCM has more than $3.3 billion in assets under management and committed capital. For more information, please visit www.hscm.com.