We don't get to write many news updates on firms disrupting the insurance space. it's a space we are keenly watching and are actively looking to invest in.
Boston-based insurance company Consumer United closed on Tuesday a new round of funding worth $14 million, co-led by Back Bay firm Spark Capital and Thayer Street Partners. Other participating investors include Village Ventures and Five Elms, according to BetaBoston. This round brings Consumer United’s total financing to around $70.2 million.