CINCINNATI, OH, Coterie Insurance today announced the completion of a $50 million Series B financing round.
Coterie Insurance, the insurtech company making small business insurance easy, today announced the completion of a $50 million Series B financing round -- totaling $75 million raised since its founding in 2018.
Led by Weatherford Capital alongside existing investors RPM Ventures, Intact Ventures, Group 1001, and Alpha Edison, this funding will enable Coterie to expand its mission to transform the commercial insurance market for small and micro-businesses. Using an innovative digital platform, Coterie makes insurance easier, faster and more accessible for businesses and their 32 million employees nationwide.
Coterie Insurance is on a mission to make business insurance easy. Through tech-based business insurance solutions, Coterie Insurance delivers simpler coverage, more accurate pricing, and a streamlined experience. By enabling the instant quoting and issuing of policies as well as a 100% digital underwriting process, agents and brokers can simplify and digitize their operations to better serve small businesses. Digital insurance platforms are able to leverage Coterie's simple, easy to integrate APIs, to further streamline the quoting and binding experience. Coterie's expansive appetite is the most inclusive for the small businesses of today.
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