The oversubscribed round includes new investment from Hiscox as well as existing investors Intact Ventures, Weatherford Capital, and RPM Ventures among others. Coterie has now raised over $102M in funding to date.

Coterie Insurance operates in all 50 states and D.C. where it enables independent agents and brokers to write instant small business insurance. Powered by data-backed underwriting, Coterie delivers accurate pricing and a submission-to-bind experience in less than one minute. Combining best-in-class technology with a partnership-based approach, Coterie makes the buying and selling of small business insurance effortless.