Tech Company Financing Transactions
INSHUR Funding Round
INSHUR, based in New York, secured $19 million from Viola Growth, MS&AD Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/16/2024
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Undisclosed
Investors
Viola Growth (Lead Investor) (Natalie Refuah)
Proceeds Purpose
The investment will enable the business to continue scaling its operations globally, particularly in the US, establish and develop further relationships with key platform partners, and to continue to build its global team of insurance and technology experts.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
315 W 36th St.
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
INSHUR set out to modernize the way Private Hire, rideshare and TLC drivers went about getting auto insurance. Let's face it; it's a dull job, no one loves to do. An explosion of rideshare and mobile app transport businesses meant that drivers needed a more modern way to buy commercial auto insurance.
Management Team
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