Indio Technologies, a San Francisco, CA-based insurtech startup, reportedly raised $6m in Series A funding.
The round was led by 8VC with participation from 500 Startups, Merus Capital and Compound.
The company, which has raised 8m in total funding to date, intends to use the funds to continue to advance its platform.
Led by CEO Michael Furlong, COO Matthew Watson, and CPO Adam Bratt, Indio Technologies provides an online platform for traditional commercial insurance brokers to close new business prospects faster through a digital application process, to create an online renewal experience for clients that pre-fills data from previous years applications and maps common data fields across applications and move data from excel into an intelligent online interface that tracks client changes.
FinSMEs
05/02/2018