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.
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
