Tech Company Financing Transactions
Planck Re Funding Round
3L Capital, Arbor Ventures and Eight Roads participated in a $20 million funding round for Planck Re. The round was announced by the company on 5/13/2021.
Transaction Overview
Company Name
Announced On
5/13/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
It will use its new funding to build its U.S. team, expand into global markets and add products for new business segments.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
555 Madison Ave. 5th floor
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Overview
Planck Re empowers insurance companies with a commercial insurance data platform. Leveraging deep industry expertise and breakthrough data science, it generates insights that streamline the commercial underwriting process -- enabling insurance carriers to instantly and accurately underwrite any policy.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/13/2021: Handshake venture capital transaction
Next: 5/13/2021: Stampli venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs