[Insurance Journal] Insurtech Kin Increases Series D Funding Round to $109 Million
Kin, the direct-to-consumer home insurance company, announced it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022. The investment came from Geodesic Capital, QED Investors, and additional investors, bringing the total Series D funds raised to $109 million.
Since the first close of its Series D round in March 2022, Kin said, it has continued its “systematic, capital efficient growth, more than doubling its gross written premium while making gains in operational efficiency and driving toward profitability.”