At-Bay Scoops Up $34M Series C Funding
SAN FRANCISCO, CA, At-Bay, the insurance company for the digital age, raises a $34 million Series C, led by Qumra Capital.
At-Bay also announced M12, Microsoft's venture fund, as an investor in the company. At-Bay raised a total of $74 million in 2020, having closed a Series B only nine months ago in March, and $91 million since founding in 2016.
M12 first invested at the end of the Series B, and doubled down on their commitment to At-Bay in the Series C, along with existing investors Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, Munich Re Ventures and entrepreneur Shlomo Kramer.
At-Bay is the insurance company for the digital age. By combining world class technology with industry leading insurance expertise, we designed an insurance company from the ground up that empowers businesses to thrive in the digital world. As a Managing General Underwriter (MGU), At-Bay underwrites insurance policies through HSB Specialty Insurance Company, rated A++ by A.M. Best Company and part of Munich Re. At-Bay is backed by Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, M12, Munich Re Ventures and entrepreneur Shlomo Kramer. www.at-bay.com
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