logo
logo

Pathpoint Raises $30 Million In Series A Financing

Jun 29, 2021•about 4 years ago

Amount Raised

$30 Million

Round Type

series a

San Francisco

Description

Pathpoint, the insurance industry's first digital E&S distributor, announced today that it has raised $30 million in Series A funding, the third round of financing since the company's founding. Investors include Caffeinated Capital, who led the round, and repeat investors including SciFi VC, Founders Fund, and Chubb. Hiscox and other leading carriers also participated.

Company Information

Company

Pathpoint

Location

San Francisco, California, United States

About

Pathpoint, Inc. is the insurance industry's first fully-digital E&S brokerage, combining world-class technology and first-class service to give agents bindable quotes from multiple, best-in-class E&S carriers, instantly. Thanks to the efficiencies gained from the technology, Pathpoint distributes these products at lower cost than other brokers, and Pathpoint is free to all retail agents, with no software to download. As a surplus lines brokerage licensed across the U.S. and a coverholder at Lloyd's of London, Pathpoint distributes admitted and non-admitted products across multiple lines of business to U.S.-based retail agents. To learn more about Pathpoint, visit our website. SOURCE Pathpoint

Funding Insights

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