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.
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead
Billionaire NFL Owner Suing Over Billboards Near His LA Stadium
SIAA Announces Strategic Partnership With Progressive
Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement 

