Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million from investors including G Squared and Japanese insurer Sompo Holdings Inc.
The proceeds -- about seven times more than what the company raised last year -- will be used to expand in markets including the U.S., and to double the firm’s staff to 400 by the end of next year, according to Angus McDonald, co-founder and chief executive officer of Cover Genius.
"Startup" - Google News
September 28, 2021 at 06:00AM
https://ift.tt/2XZKRXI
Aussie Insurance Startup Raises Funds at A$1 Billion Valuation - Bloomberg
"Startup" - Google News
https://ift.tt/2MXTQ2S
https://ift.tt/2z7gkKJ
No comments:
Post a Comment