Tech Company Financing Transactions
INSHUR Funding Round
JVP, MTech Capital and Munich Re/ HSB Ventures participated in a $26 million funding round for INSHUR. The round was recorded on 4/21/2023.
Transaction Overview
Company Name
Announced On
4/21/2023
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Inshur has also made a strategic acquisition of American Business Insurance Services (ABI) to expand and scale its operation across the United States.
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
Browse more venture capital transactions:
Prev: 4/21/2023: Enter venture capital transaction
Next: 4/23/2023: Bixby venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs