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Corvus Raises $100M in Series C Financing to Further Advance Its Mission of Transforming Commercial Insurance
Amount Raised
$100 Million
Round Type
Series C
BostonInformation TechnologySoftwareDescription
Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced it has secured $100 million in Series C funding in a round led by global venture capital and private equity firm Insight Partners, and including all of its previous institutional investors, increasing Corvus’s valuation to $750 million. This latest investment, following last year’s $33 million Series B round, brings Corvus’s total amount raised to date to $147 million. As part of the transaction, Insight Partners’ Managing Director Deven Parekh will join the Corvus Board of Directors, and Principal David Spiro will join as a Board Observer.
Fundz sees it the moment Corvus Underwriting GmbH raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Corvus Underwriting GmbH raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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