Loading organizations...
§ Private Profile · Cincinnati, OH, USA
Insurtech company simplifying small business insurance for SMBs, offering commercial P&C lines like GL and BOP using API-based technology.
Coterie Insurance is a Cincinnati, Ohio-based insurtech company that provides API-driven commercial property and casualty insurance solutions tailored specifically for small and medium-sized businesses. The proprietary platform utilizes automated, data-backed underwriting to enable independent agents, brokers, and software partners to quote and bind policies, such as General Liability and Business Owners Policies, in under one minute. By embedding its digital insurance products directly into the daily workflows of accounting, lending, payroll, and payment processing platforms, the company efficiently serves commercial clients across all fifty United States. The enterprise has successfully raised $75 million in total equity funding to date, securing financial backing from a syndicate of prominent institutional investors including Weatherford Capital, Alpha Edison, Group 1001, and RPM Ventures. Coterie Insurance was officially founded in 2018 by co-founders David McFarland, Tim Metzner, and Kevin Mackey.
Coterie Insurance has raised $97.0M across 4 funding rounds.
Coterie Insurance has raised $97.0M in total across 4 funding rounds.
Coterie Insurance has raised $97.0M across 4 funding rounds. Most recently, it raised $27.0M Other Equity in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 19, 2024 | $27M Venture Round | Hiscox | Intact Ventures, RPM Ventures, Drew Weatherford | Announced |
| Oct 28, 2021 | $50M Series B | Will Weatherford | Alpha Edison, Group 1001, Intact Ventures, RPM Ventures | Announced |
| Feb 5, 2021 | $11.5M Series A | Karim Hirji | Allos Ventures, Alpha Edison, Group 1001, Lackawanna Insurance Group, RPM Ventures | Announced |
| Mar 20, 2020 | $8.5M Series A | — | Allos Ventures, RPM Ventures | Announced |
Coterie Insurance has raised $97.0M in total across 4 funding rounds.
Coterie Insurance's investors include Hiscox, Intact Ventures, RPM Ventures, Drew Weatherford, Will Weatherford, Alpha Edison, Group 1001, Karim Hirji, Allos Ventures, Lackawanna Insurance Group.