The latest investment round was led by Anthemis Group. All previous investors participated as well, along with NYCA Partners, Permira, PruVen Capital, and Viola Fintech.
The company plans to use the funds to fuel go-to-market expansion, along with risk engineering and claims management capabilities.
Founded in 2019, the Pleasanton, California-based company offers an AI-assisted, continuous underwriting platform aimed at small and medium businesses (SMBs), benchmarking risk exposure against a risk pool of more than 23 million businesses.
