Branch raises $50M to offer bundled car & house insurance via an API

Branch raises $50M to offer bundled car & house insurance via an API

Branch Insurance coverage, a start-up offering bundled home and auto insurance coverage, has raised $50 million in a Series B financing round led by Anthemis Group. Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&& C Ventures, Structure Capital and Tower IV likewise took part in the round. With this latest funding, […] In the back of his mind, Lekas yearned to figure out a method to make insurance coverage more accessible for more individuals. Complicated policies, increasing costs and marketing warfare all contribute to a vicious cycle that results in pricey insurance,” stated Lekas. In other words, the business has partnered with business such as Rocket Home Mortgage and ADT to integrate insurance coverage at the point of sale in their items. Branch co-founder and CEO Steve Lekas.

Tire Representative, with a brand-new financing platform, raises $5 million

Tire Representative, with a brand-new financing platform, raises $5 million

Tire Agent, a Business owners Roundtable Accelerator-backed startup that is looking to bring the tire market into the 21st century, has today revealed the close of a $5 million funding round led by American Household Ventures, with participation from PERIOD, Partner Fund, NY Angels and HBS Angels. According to Customer Reports, the typical tire expenses about […] Four brand-new tires costs a little less than $400, and that doesn’t consist of added expenses like taxes, fees or installation. Tire Agent desires to make tire shopping more available and practical to customers, while likewise making the procedure more economical.”The biggest challenge for Tire Agent is getting individuals to alter the habit of going to an old-school tire store and being so used to people pressing a brand on them,” said Tire Agent founder and CEO Jared Kugel. …