Tech Company Financing Transactions
Loro Insurtech Funding Round
Markd and private investors joined a $750 thousand Seed funding round for Loro Insurtech. The round was announced on 6/1/2023.
Transaction Overview
Company Name
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$750,000
Round
Seed
Investors
Markd (Lead Investor)
private investors (Christian Kanu)
Proceeds Purpose
The company intends to use the funds to expand the team, accelerate product innovation, and drive adoption among insurers.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
611 South Dupont Highway 102
Dover, DE Undisclosed
USA
Dover, DE Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Loro is an online platform, which enables Insurance Companies, Managing General Agencies and Brokers to transact business online. Its main competitive advantage being ease-of-use, record speed-to-market, and no upfront investment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Loris Candylaftis
Co-Founder
Peter Tilbrook
Co-Founder
Diego Villalba
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