Slide, an insurtech company based in Tampa, announced it is closing its oversubscribed, $100 million Series A fundraising round.
Slide uses data, artificial intelligence and machine learning to let homeowners create insurance policies, and the fundraising will help the firm expand its development, Slide officials said in a news release.
The company is headed by CEO Bruce Lucas, who previously founded Heritage Insurance, which grew into a super-regional insurer serving 15 states, the company said. The Slide fundraising round was led by Gries Investment Funds and Tampa Bay Ventures. Skyway Capital Markets served as placement agent.
Was this article valuable?
Here are more articles you may enjoy.
Wanted: War-Zone Divers to Scrape Barnacles From Ships in Persian Gulf 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
Capital Factory CEO Killed in Private-Jet Crash in Texas 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
