reinsurancene

Corvus receives additional $15m through series C extension round

Boston-based insurtech firm Corvus Insurance has announced that after raising a total of $100 million through its Series C funding round, it secured an additional $15 million through an extension.

The round was led by venture capital firms FinTLV and Aquiline Technology Growth (ATG), and brings the firm’s overall funding to $162M.

Corvus’s broker-focused approach uses AI and machine learning which helps policyholders, brokers, underwriters, and reinsurers incorporate data science into the dynamic commercial insurance marketplace.