Insify raises another $10.7 million for its business insurance startup

Amsterdam-based insurtech startup Insify has completed its Series A funding round with another €10 million ($10.7 million at today’s exchange rate). Overall, the startup has raised €25 million as part of its Series A round ($26.7 million).
Munich Re Ventures, the venture capital division of the large reinsurance company, is leading the extension round. Insify has already been working with Munich Re for its insurance products. Existing investors Accel, Frontline Ventures and Berlin’s Visionaries Club are investing once again in the extension. There are some new investors as well, namely Formula

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