Tag: Goldman Sachs

Gracie Point, a global provider of life insurance premium finance, has successfully closed an equity capital raise backed by Searchlight Capital Partners and Hudson Structured Capital Management (HSCM Bermuda).

Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.

Automotive insurance marketplace DealerPolicy has pulled in $110m from a Series C funding round led by Goldman Sachs Asset Management.

US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

This year has seen numerous FinTech unicorns and Unqork has continued this trend following the close of a $207m Series C round that increased its valuation to $2bn.

Despite coronavirus fears, the last week saw a number of FinTech companies raise money.

Ethical life insurance platform Ethos has raised $60m in its Series C round led by GV (formerly Google Ventures).

InsurTech company Cytora has struck a deal with insurer Convex to use its AI-powered insurance underwriting platform to improve Convex’s risk selection and underwriting...