prnewswire
Canadian insurtech APOLLO closes $13.5 million Series A financing round
![](https://insurtechnews.com/uploads/news/external/Bir2I0Hp.png)
Apollo Insurance Solutions Ltd. ("APOLLO Insurance") (TSXV: APLO Reserved), Canada's leading online insurance company, announced today that it has closed an oversubscribed $13.5 million Series A financing round, far exceeding its original $4 million target. Gravitas Securities Inc. led the financing which resulted in a strong and diverse shareholder base that included Trisura Group Ltd. (TSX: TSU), an international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market, and Liberty Mutual Insurance, a Fortune 100 company that is the sixth largest global property and casualty insurer based on 2019 gross written premium.