Amount Raised
$145 Million
Round Type
Debt Financing
ChicagoInformation TechnologyInsuranceDescription
Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility. The new facility, which was led by Runway Growth Capital LLC (“Runway”) and the Avenue Venture Opportunities Fund, L.P. ("Avenue Venture Debt Fund" or "Avenue"), provides Kin with additional capital to support the expansion of the Kin Interinsurance Network, a reciprocal exchange.
Quick answer
Kin Insurance raised $145 Million in a Debt Financing round, dated October 28, 2022. Kin Insurance is based in Chicago, Illinois, United States.
- How much did Kin Insurance raise?
- Kin Insurance raised $145 Million in a Debt Financing round on October 28, 2022.
- 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.
- Green Shield Risk Solutions raised an undisclosed amount on November 17, 2022.
- Clearcover raised $153M on November 10, 2022.
- Likewize raised an undisclosed amount (Corporate Round) on November 9, 2022.
- Cover Genius raised $70M (Funding Round) on November 1, 2022.
- LogRock raised $2M (Seed) on October 27, 2022.
- Perfuturo raised an undisclosed amount on October 13, 2022.
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
- The decision-makers there, with verified emails
- Who you already know at Kin Insurance, from your own LinkedIn network
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Fundz sees it the moment Kin Insurance raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Kin Insurance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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