Whisker Labs Funding Led by State Farm Ventures® Oversubscribed
Whisker Labs, a rapidly growing AI company and developer of Ting, today announced the close of its oversubscribed Series C funding round led by State Farm Ventures, a wholly owned subsidiary of State Farm Mutual Automobile Insurance Company. Whisker Labs is offering a new paradigm in insurtech with Ting, bundling proactive safety and consumer simplicity. This funding allows Whisker Labs to accelerate distribution further and scale the business to meet growing demand.
"With over 100,000 homes currently using Ting, this round of funding enables Whisker Labs to serve hundreds of thousands more homes with Ting by the end of next year," said Bob Marshall, Whisker Labs' Co-Founder and CEO."