Kin Insurance is a home insurance startup (backed by an A-rated carrier) that's here to fix home insurance. How? We use data to make the application process as simple as possible and to recommend the right coverage for each home. We cut out the inefficiencies that plague traditional carriers. They typically pay out only 50% of premiums in claims. Where does the rest go? TV commercials, building naming rights, and golden parachutes for high-paid executives. We skip these things so we can keep costs down.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 06/11/18 | $13,000,000 |
August Capital | undisclosed | |
| 08/27/19 | $47,000,000 | Venture |
August Capital Avanta Hudson Structured Capital Management UChicago Startup Investment Program | undisclosed |
| 08/13/20 | $35,000,000 | Series B |
AllegisNL Capital Alpha Edison August Capital Avanta Commerce Ventures Flourish Ventures Hudson Structured Capital Management QED Investors University of Chicago | undisclosed |
| 06/03/21 | undisclosed | Series C |
Flourish Ventures Symphony Ventures | undisclosed |
| 03/01/22 | $82,000,000 | Series D |
AllegisNL Capital Alpha Edison August Capital Avanta Ventures Commerce Ventures Flourish Ventures Geodesic Capital Hudson Structured Capital Management PROOF.VC QED Investors | undisclosed |
| 03/22/23 | $15,000,000 | Series D |
Geodesic Capital QED Investors | undisclosed |
| 09/13/23 | $33,000,000 | Series D Extension |
Allegis Capital Alpha Edison Geodesic Capital Hudson Structured Capital Management QED Investors | undisclosed |
