Insurtech startup Concirrus raises $6m
CommerzVentures has made a USD6 million investment into Concirrus, a speciality analytics insurtech company.
This latest investment by CommerzVentures follows a USD 20 million Series B funding round lead by AlbionVC, which included participation from current investors IQ Capital and EOS Venture Partners, as well as several angel investors.
With new clients added to its customer portfolio in the last quarter alone, Concirrus continues to demonstrate and reinforce its strong credentials with some of the most respected leaders in the market.
Andrew Yeoman, CEO at Concirrus said:
“This investment is a clear vote of confidence in our vision and the value that we’re bringing to the insurance market.”
Read the full story here