Cape Analytics Raises $44M in Series C Funding
Cape Analytics, a Mountain View, Calif.-based provider of geospatial intelligence for property risk and valuation, raised $44m in Series C financing.
The round was led by Pivot Investment Partners with participation from Aquiline Technology Growth and HSCM Bermuda and existing investors Formation8 and Brewer Lane Ventures, as well as many funds associated with insurance carriers, including State Farm Ventures, The Hartford, State Auto Labs Fund, and The Cincinnati Insurance Company. In conjunction with the funding, Akbar Poonawala, Co-Founder of Pivot Investments, will be joining Cape Analytics’ Board of Directors, joining existing board members Tom Hutton and Shirish Sathaye.
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