Tech Company Financing Transactions
PolicyGenius Funding Round
PolicyGenius, based in New York, secured $30 million in investment from Norwest Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
5/25/2017
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
Norwest Venture Partners (Lead Investor)
Proceeds Purpose
With its new round, PolicyGenius hopes to expand its product lines to include property and casualty policies, and also to build out relationships with its partners.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
22 West 19th St. 8th Floor
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Website
Email Address
Overview
Frustrating is an understatement. Navigating the world of insurance is confusing, stressful and a step backward in time (hello, fax machines). And even after they've bought a policy, people worry they might still be on the hook for something they missed.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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