Fundz

Kin announces $15M in fresh financing from new investor Activate Capital

PRIVATEFeb 05, 2024

Amount Raised

$15 Million

Round Type

Funding Round

ChicagoInformation TechnologyInsurance

Investors

Activate Capital

Description

Kin announces $15M in fresh financing from new investor Activate Capital. Raising at an increased valuation, greater than $1 billion, Kin can accelerate its growth investments, including multiple new markets and products. The new financing will widen the gap with legacy insurers that aren’t able to quickly respond to changes in climate, technology, and consumer preferences.

Quick answer

Kin Insurance raised $15 Million in a Funding Round round, dated February 5, 2024. Investors: Activate Capital. Kin Insurance is based in Chicago, Illinois, United States.

How much did Kin Insurance raise?
Kin Insurance raised $15 Million in a Funding Round round on February 5, 2024.
Who invested in Kin Insurance?
Activate Capital is named as investors in this round.
What does Kin Insurance do?
Kin is the home insurance company for every new normal.
Where is Kin Insurance based and how big is it?
Kin Insurance is based in Chicago, Illinois, United States. Fundz records about 647 employees.
Who are the decision-makers at Kin Insurance?
Fundz holds 1 contact at Kin Insurance, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurance around the same time

Companies in the same sectors as Kin Insurance that raised within 45 days of this round, from Fundz verified event records.

  • Arrow Risk Management raised $2.5M (Seed) on March 20, 2024.
  • The CareVoice raised $10M (Series B) on March 20, 2024.
  • Griffin Highline Capital raised $1.1M (Seed) on March 19, 2024.
  • Coterie raised $27M (Series B) on March 18, 2024.
  • First Financial Security raised $81K (Pre-Seed) on March 15, 2024.
  • RGL Partners raised $225 (Pre-Seed) on March 15, 2024.

Who to call at Kin Insurance, and when

A new round usually means Kin Insurance is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Kin Insurance raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Kin Insurance, from your own LinkedIn network

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Company Information

Company

Kin Insurance

Location

222 W MERCHANDISE MART PLAZA

Chicago, Illinois, United States

About

Kin is the home insurance company for every new normal. By leveraging proprietary technology, Kin delivers fully digital homeowners insurance with an elegant user experience, accurate pricing, and fast, high-quality claims service. Kin offers homeowners, landlord, condo, and mobile home insurance through the Kin Interinsurance Network (KIN), a reciprocal exchange owned by its customers who share in the underwriting profit. Because of its efficient technology and direct-to-consumer model, Kin provides affordable pricing without compromising coverage.

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Related People

1 contact
Verified contactsJerry F., DirectorSee plans and pricing
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Kin Insurance 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.