Cincinnati, Ohio-based insurtech company Coterie Insurance, which specializes in commercial insurance, has completed a $50 million series Series B financing round, totaling $75 million raised since its founding in 2018.
Series B funding was led by Weatherford Capital alongside existing investors RPM Ventures, Intact Ventures, Group 1001, and Alpha Edison. Coterie plans to use the funding to expand its mission to transform the commercial insurance market for small and micro-businesses.
Coterie is led by David McFarland, founder and CEO.
Source: Coterie
Was this article valuable?
Here are more articles you may enjoy.
After Greg Biffle Plane Crash, Police Think ‘Friends’ Stole From His NC Home 
Spirit Airlines Shuts Down After 34 Years, Blames Higher Oil Prices 
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown 
Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW 
