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Embroker Collects $100M in Series C

2021-06-10
SAN FRANCISCO, CA, Embroker has secured $100 million in Series C funding led by FTV Capital.
Embroker, the digital business insurance platform making it radically simple to get insured, today announced it has secured $100 million in Series C funding. The funding round was led by FTV Capital with additional investment from HSCM Bermuda and Gaingels and follow on from Tola Capital, Canaan Partners, Bee Partners, and MassMutual Ventures. Embroker plans to utilize the new funding to expand the company into a full-stack insurtech by building its own insurance carrier.

Embroker is a tech driven commercial insurance company that's radically improving how businesses buy and manage coverage. By leveraging a free online technology platform, data, and the expertise of a team of experienced commercial brokers, Embroker delivers better outcomes.
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