Vouch, which offers business insurance specifically targeting startups, is today announcing a Series B of $45 million, led by Y Combinator’s Continuity Fund.
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Vouch Insurance, a platform offering business insurance for startups, said on Wednesday that it raised $45 million and would expand into California. Silicon Valley startups increasingly are offering services to other young companies, from human resources to start-up-focused credit cards.
Vouch Insurance, a platform offering business insurance for startups, said on Wednesday that it raised $45 million and would expand into California.
On Tuesday, Vouch announced that it had raised $24.5 million in Series A funding, in a round led by Ribbit Capital and SVB Financial Group, the parent organization of Silicon Valley Bank. The investment, which represents Vouch's first outside funding, was done at an undisclosed valuation.
Vouch has raised a $24.5 million Series A co-led by Ribbit Capital and SVB Financial Group. Founded in 2018, the San Francisco-based company is a creator of insurance products and risk assessment tools for early-stage startups.
A co-founder of online lending business Funding Circle Holdings PLC has teamed up with a former Silicon Valley Bank technology investor to launch a new insurance startup.
San Francisco startup Vouch Insurance raised $24.5 million in its first venture round, which was led by Ribbit Capital and SVB Financial Group, parent of Silicon Valley Bank.