Walnut raised $4.6 million in an equity crowdfunding round led by NAventures to advance its embedded insurance technology platform.
Aug 11, 2024•about 1 year ago
Amount Raised
$4.6 Million
Investors
Highline BetaPortageDiagram VenturesTelus Global VenturesN Aventures
Description
Walnut announced the successful close of its latest funding round at $4.6 million, which will be used to expand its groundbreaking embedded insurance technology platform. Led by NAventures, the funding represents a major milestone for Walnut as it works to modernize insurance distribution.
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