Tech Company Financing Transactions
Obie Funding Round
Obie, based in Chicago, received $25 million in investment from Battery Ventures, Brick & Mortar Ventures and DivcoWest.
Transaction Overview
Company Name
Announced On
5/17/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the funds to Expand Innovative Embedded Insurance Technology.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1134 W Hubbard St. 3rd Floor
Chicago, IL 60642
USA
Chicago, IL 60642
USA
Phone
Website
Email Address
Overview
Obie is a tech-enabled insurance and risk management platform for real estate investors that fosters a transparent, streamlined, and consultative approach to acquiring and managing property insurance. We are on a mission to provide fast, transparent, and cost effective P&C Insurance for the silent majority of property investor owners in the US.
Management Team
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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