Assured Allies, an insurtech company focused on retirement savings, announced today the closing of $42.5 million in Series B funding.
It’s a pretty significant Series B size given the challenging fundraising environment for insurtech companies noted by several of my colleagues in recent stories.
For example, Kyle Wiggers reported that investment into the sector fell in the fourth quarter of 2022 to its “lowest level since Q1 2020,” Anna Heim spoke with investors who are still hanging in there and Mary Ann Azevedo wrote about M&A exits, which insurtech led in 2021.
All said, Assured Allies
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