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.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Pipeline Explodes at Delfin LNG Planned Project in Louisiana 
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
