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Buckle Closes $60M In Funding To Expand Full-Stack Insurance Platform Across Us
Amount Raised
$60 Million
Jersey CityE CommerceFashionRetailDescription
Buckle Corp (the “Company”), an inclusive tech-enabled financial services company, has filed its Regulation D and disclosed it raised $60 million through a Series B funding round led by Volery Capital Partners with participation from Eldridge, Assurant Ventures, as well as HSCM Bermuda and other insiders. As part of this transaction, Volery Capital Partners will join Buckle’s Board of Directors. In addition to the $60 million in Series B financing, HSCM Bermuda also expanded the Company’s surplus term loan from $10 million to $20 million to provide additional capital to support the premium growth of Buckle’s Gateway Insurance Company. Buckle has closed over $100 million in debt and equity funding since inception.
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