businesswire

Capitola Secures $15.6M in Series A Funding Round

New Capital Will Be Invested in Further Development of Technology for Retail and Commercial Insurance BrokersMOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Capitola, the digital marketplace for commercial insurance that connects brokers and carriers and uses AI-based risk appetite matching to streamline the placement process, today announced it has raised $15.6 million in its Series A funding round. Led by Munich Re Ventures, this round will be used to grow Capitola’s platform with an emphasis on its market…