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Recent Posts

InsurTech Kin secures $50m Series E to expand US coverage

InsurTech Kin secures $50m Series E to expand US coverage

The  tranche brings Kin’s total primary equity raised to $286m and nearly doubles its valuation from $1.1bn to $2bn.
The investment was led by QED Investors and Activate Capital, with participation from both new and existing backers.
Alongside this, it secured a $200m debt facility arranged by Wellington Management, $145m of which has already been used to refinance an existing facility. Together, the equity and debt transactions result in $105m of incremental capital for the firm.

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