Openly, a Boston, MA – based mostly technology-enabled supplier of premium householders insurance coverage by way of unbiased brokers, closed a $75m Sequence C funding.
Backers included Advance Enterprise Companions, Clocktower Ventures, Apparent Ventures, Gradient Ventures, PJC Ventures, Techstars, and Mtech.
The corporate intends to make use of the funds to increase its house insurance coverage product to extra states and companies, and to proceed enhancing its know-how and insurance coverage product providing.
Founders Ty Harris and Matt Wielbut, Overtly is a premium householders insurance coverage platform, providing complete protection to customers by way of unbiased brokers throughout America. Launched two and a half years in the past, the corporate at the moment affords its upscale householders merchandise in 19 well-diversified states by way of a community of over 17,000 unbiased insurance coverage brokers.