VOOM Raises $15 Mn to Provide Usage-Based Insurance

Already the leading commercial drone insurance provider in North America, VOOM is expanding coverage to motorcycles, light aircraft, rideshare & delivery drivers VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding today to expand its usage-based insurance model to additional mobility verticals. The funding round was co-led by JAL Ventures and UP.Partners, with the participation of F2 Capital, Arbor Ventures, Verizon Ventures, and ICON Continuity Fund and brings VOOM’s total funding...

NOW Insurance Named Matt Higgins as EVP

Higgins will play an instrumental role in the continued development of the A.I. platform, machine learning algorithms designed to enhance the customer experience NOW Insurance (NOW), an AI-enabled insurance platform designed to quickly match small business owners and professionals with affordable coverage plans, announced today the hiring of Matt Higgins as executive vice president of engineering. Higgins, who began his role in June, brings a wide breadth of technology and leadership expertise to NOW Insurance’s leadership...

handdii Raises $3M to Help Insurance Companies Digitize

The Series Seed round was led by Brick and Mortar Ventures As the insurance industry continues to seek the best way to digitize and simplify the property claims experience, claim management platform handdii is announcing a $3 million Seed round led by Brick & Mortar Ventures, with participation from Nine Four Ventures and Australia-based Scale Investors and Fifty-Second Celebration. This makes the first institutional round for handdii and puts the company in a strong position to meet increasing...

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