Insurtech householders insurer Overtly stated has raised $100 million in Sequence D funding, led by Eden International Companions.
There was further participation within the spherical from a mixture of present and new traders together with Gradient Ventures, Clocktower Expertise Ventures, Trinity Capital, and others.
David Dwek, Eden International Associate’s CEO, has joined Overtly’s Board of Administrators.
“Overtly’s progress continues to be fueled by the assist of traders, staff, and impartial brokers who all worth the game-changing method we convey to the insurance coverage house,” stated Ty Harris, co-founder and CEO. “Eden International Companions is a perfect agency to assist our pursuit of the huge, long-term alternative to modernize householders insurance coverage in the USA, and we’re thrilled to have them as our companion. It’s an ideal match.”
Launched in 2019, Overtly stated it now serves 30,000 impartial brokers throughout 21 states within the U.S.
A yr in the past, Overtly closed on a $75 million Sequence C funding.
Subjects
Mergers & Acquisitions
Funding
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