Layr is a purpose-built insurance technology company focused on the needs of agencies and brokers. Founded in 2016, Layr operates in the AI, Financial Services, Fintech, Insurance, Insurtech, and Internet industries, with its headquarters in the United States. The company recently secured a significant $10.00M Venture Round investment on 24 October 2023, with participation from notable investors including Flyover Capital, Sandbox Sustainability Ventures, Cota Capital, Hudson Structured Capital Management, and The K Fund. Layr's primary focus is to provide an insurtech platform tailored for efficient small commercial operations. The company has developed a white-labeled, technology-first experience specifically designed to modernize small commercial insurance policyholder experiences. This innovative approach aims to enable brokerages of all sizes to effectively keep their clients happy while empowering brokers to concentrate on pursuing higher revenue. Overall, Layr's strategic positioning within the insurance technology sector, coupled with its recent substantial investment, underscores its potential for growth and impact in the market.
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