Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
The firm claims it has now raised over $82 million in total.
The Ohio-based firm plans to use the funds to expand its product line and accelerate growth.
The insurtech has since raised a more than $100 million to-date.
Diversification and a new SME product are on the cards.
The extended Series A round brings total investment to €13.3 million.
Series B financing round supported by Accel and Benchmark.
The firm is preparing to go public and plans to have advisors put in place to oversee.
Risk management firm Simility locks in $17.5 million in new funding, with help from PayPal.
Raise, which bills itself as the world’s largest gift card marketplace, has raised $60 million in a Series C funding round led by Accel, with participation from PayPal and existing investors New Enterprise Associates and Bessemer Venture Partners.