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Venture Capital News: TrustLayer Lands $15M Series A Funding

2021-08-18
SAN FRANCISCO, CA, Trustlayer, an insurance company, announced a Series A funding round of $15.1M led by Craft Ventures.
Trustlayer, a collaborative risk management platform, announced a Series A funding round of $15.1M led by Craft Ventures. Other participants in the financing include Abstract Ventures, Box Group, Propel Venture Partners, NFP Ventures, Sure Ventures, and new investor PruVen Capital.

TrustLayer uses robotic process automation (RPA) and AI to automate proof of coverage requests securely, so companies can automatically verify the insurance and licenses of their vendors, suppliers, borrowers, and tenants. TrustLayer is backed by 20 of the top 100 leading brokerages, including the Graham Company, Holmes Murphy, Heffernan Insurance Brokers, M3, and BrokerTech Ventures.
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