London-based insurtech Flock has raised $38m (£31.7m) in a sequence B investment led by way of Octopus Ventures.
In keeping with Flock’s CEO, Ed Leon Klinger, the investment spherical will permit the corporate to make bigger into new segments of the economic motor business, in addition to new geographical places.
Comparable
Flock unearths growth plans because it appears to develop within the dealer house
Flock’s leader earnings officer discusses the specialist’s plans for rising its dealer community and launching new merchandise
The insurtech will likely be “doubling down” on its data-driven strategy to possibility quantification and dynamic
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Supply Via https://www.insuranceage.co.united kingdom/insurer/7952561/fleet-specialist-flock-secures-38m-in-funding