Cincinnati, Ohio-based insurtech company Coterie Insurance, which specializes in commercial insurance, has completed a $50 million series Series B financing round, totaling $75 million raised since its founding in 2018.
Series B funding was led by Weatherford Capital alongside existing investors RPM Ventures, Intact Ventures, Group 1001, and Alpha Edison. Coterie plans to use the funding to expand its mission to transform the commercial insurance market for small and micro-businesses.
Coterie is led by David McFarland, founder and CEO.
Source: Coterie
Was this article valuable?
Here are more articles you may enjoy.
How Insurers Know When It’s Time to Scale AI
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 

