Boston insurance-tech startup Corvus to double workforce with $100 million investment
New funding round values the four-year-old company at $750m
By Jon Chesto Globe Staff,Updated March 10, 2021, 5:00 a.m.
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Corvus Insurance is spreading its wings.
The four-year-old insurance-tech startup has landed $100 million in venture capital in its latest round of funding, money that will help the Boston company double its workforce in 2021.
Corvus offers businesses cybersecurity and cargo-shipping insurance policies, with a twist: It uses sophisticated data crunching and artificial intelligence tools to underwrite its policies, safeguard policyholders, and warn its clients when they could be at risk.