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FinTecBuzz

by BusinessWire

Kin Secures $145 Mn in Debt Financing to Fuel Continued Growth

Kin Secures $145 Mn in Debt Financing to Fuel Continued Growth

October 31, 20224 min

Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility. The new facility, which was led by Runway Growth Capital LLC (“Runway”) and the Avenue Venture Opportunities Fund, L.P. (“Avenue Venture Debt Fund” or “Avenue”), provides Kin with additional capital to support the expansion of the Kin Interinsurance Network, a reciprocal exchange. Runway and Avenue were joined by Aquarian Investments, Group 1001, funds...

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Kin Insurance Launches Landlord Insurance in Florida Market

Kin Insurance Launches Landlord Insurance in Florida Market

February 10, 20214 min

The insurtech provider doubles down on market leadership with launch of new digital service.

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