Tech Company Financing Transactions
INSHUR Funding Round
Munich Re/ HSB Ventures and MTech Capital participated in a $9 million Series A venture round for INSHUR. The funding round was recorded on 2/15/2019.
Transaction Overview
Company Name
Announced On
2/15/2019
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$9,000,000
Round
Series A
Investors
Munich Re/ HSB Ventures (Lead Investor)
MTech Capital (Brian McLoughlin)
Proceeds Purpose
The investment will support expansion into new territories and accelerate reach into new insurance verticals.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Bratshpis
Co-Founder
David Daiches
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