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Insurtech owners insurer Overtly stated has raised $100 million in Sequence D funding, led by Eden World Companions.
There was extra participation within the spherical from a mixture of present and new traders together with Gradient Ventures, Clocktower Expertise Ventures, Trinity Capital, and others.
David Dwek, Eden World Accomplice’s CEO, has joined Overtly’s Board of Administrators.
“Overtly’s development continues to be fueled by the assist of traders, workers, and impartial brokers who all worth the game-changing method we deliver to the insurance coverage area,” stated Ty Harris, co-founder and CEO. “Eden World Companions is a perfect agency to assist our pursuit of the huge, long-term alternative to modernize owners insurance coverage in america, and we’re thrilled to have them as our accomplice. It’s an ideal match.”
Launched in 2019, Overtly stated it now serves 30,000 impartial brokers throughout 21 states within the U.S.
A yr in the past, Overtly closed on a $75 million Sequence C funding.
Subjects
Mergers & Acquisitions
Funding
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