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Corvus Raises Further $15M in Series C Financing

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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How Are Cyber Insurance Companies Assessing ...

From limiting claims payments to tying payments to policyholders actions, the cyber insurance industry is in ....

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$245M Insurtech Funding Wrap-Up: Corvus, AgentSync, Cowbell Cyber, WeLab, Hi Marley

$245M Insurtech Funding Wrap-Up: Corvus, AgentSync, Cowbell Cyber, WeLab, Hi Marley
March 12, 2021
Some serious money has been sent the way of various insurance startups over the past week. Investors backed cutting-edge commercial lines and cyber insurance products as well as advances in texting communications, producer management and licensing compliance, and digital risk management for financial institutions.
Here’s a wrap-up of some recent major funding commitments as reported by Carrier Management.
Major Haul
Corvus Insurance is prepping a major expansion and surge in its commercial lines and cyber product development now that it has secured $100 million in new venture capital financing. ....

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Corvus Raises $100M in Series C Financing to Further Advance Its Mission of Transforming Commercial Insurance

Press release content from Business Wire. The AP news staff was not involved in its creation.
Corvus Raises $100M in Series C Financing to Further Advance Its Mission of Transforming Commercial Insurance
March 10, 2021 GMT
Left: Mike Lloyd, Co-Founder, Chief Product Officer. Right: Phil Edmundson, Founder, Chief Executive Officer. (Photo: Business Wire)
Left: Mike Lloyd, Co-Founder, Chief Product Officer. Right: Phil Edmundson, Founder, Chief Executive Officer. (Photo: Business Wire)
BOSTON (BUSINESS WIRE) Mar 10, 2021
Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced it has secured $100 million in Series C funding in a round led by global venture capital and private equity firm Insight Partners, and including all of its previous institutional investors, increasing Corvus’s valuation to $750 million. This latest investment, following last year’s $33 million Series B round, brin ....

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Boston insurance-tech startup Corvus to double workforce with $100 million investment

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. ....

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