Tech Company Financing Transactions

Layr Funding Round

Layr secured a $10 million Series A funding round on 3/23/2022. Backers included Hudson Structured Capital Management, Flyover Capital and Maschmeyer Group Ventures.

Transaction Overview

Company Name
Announced On
3/23/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to double the team and grow its presence amongst insurance agents and brokers while adding new technology advancements that enable small businesses access to the insurance marketplace.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
75 5th St. NW 2250
Atlanta, GA 30308
USA
Email Address
Overview
We are redefining the way businesses purchase and manage their commercial liability insurance by giving control of the process back to the business owner. Our entire team is determined to make high quality commercial insurance easily accessible and affordable for the more than 25 million small businesses throughout America.
Profile
Layr LinkedIn Company Profile
Social Media
Layr Company Twitter Account
Company News
Layr News
Facebook
Layr on Facebook
YouTube
Layr on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Phillip Naples
  Phillip Naples LinkedIn Profile  Phillip Naples Twitter Account  Phillip Naples News  Phillip Naples on Facebook
VP - Product Management
Andrew Egenes
  Andrew Egenes LinkedIn Profile  Andrew Egenes Twitter Account  Andrew Egenes News  Andrew Egenes on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/23/2022: Elevation venture capital transaction
Next: 3/23/2022: Tea venture capital transaction

 

Share this article

 


About Our VC Transactions Data

Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary