Kin Insurance is a game-changer in the home insurance industry, dedicated to transforming traditional home insurance into a more customer-centric and technologically efficient experience. Their commitment to leveraging data for tailored coverage and exceptional claims services reflects their focus on prioritizing members' needs. The company's use of efficient technology enables direct homeowner purchases, effectively keeping costs down. Since its establishment in 2016, Kin has experienced remarkable growth, drawing the attention of prominent investors such as QED Investors, August Capital, and Activate Capital. Through its recent $15.00M Series D investment on 05 February 2024, led by Activate Capital, Kin Insurance is poised for further success in the Financial Services, Insurance, Insurtech, and Prop Tech sectors, solidifying its position as an innovative and influential force in the industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $200.00M | - | 25 Mar 2025 | |
Series D | $15.00M | 1 | 05 Feb 2024 | |
Series D | $33.00M | 6 | Arizona Bay LLC | 13 Sep 2023 |
Series D | $15.00M | 2 | 22 Mar 2023 | |
Debt Financing | $145.00M | 6 | Skyline Capital | 28 Oct 2022 |
Maybe we’ll finally see a fintech IPO in 2024