Koop Technologies, a Pittsburgh, PA-based insurance technology company focused on the robotics ecosystem, raised an undisclosed amount in funding.
The round was led by Alley Robotics Ventures, with participation from Fusion Fund and existing investors Ubiquity Ventures, Bee Partners, WestWave Capital, and Sure Ventures.
The company intends to use the funds to promote its products across multiple distribution channels and invest in further product development.
Led by CEO Sergey Litvinenko, Koop Technologies is an insurance technology company focused on the robotics ecosystem. It has developed a platform that uses alternative data to perform risk evaluation for a range of robotics use cases, including autonomous vehicles. Koop Technologies is licensed in more than 30 U.S. states through its insurance subsidiary and partnered with some of the leading insurance carriers.
FinSMEs
18/07/2023