San Francsico based insuretech company bunker has raised $6m in Series A funding led by Omidyar Network. Founded in 2015 and led by Chad Nitschke, CEO, Bunker provided a free digital platform for enterprises, suppliers and independent contractors.
Its newly launched contract-related insurance marketplace identifies small business insurance buyers before they search or click on a social media ad, delivering the exact policies at the moment they’re needed. Through its wholly owned subsidiary Bunker Protect, Inc., Bunker Technologies, is a licensed insurance broker in all 50 states. The company, which has a second office in Madison, WI, intends to use the funds to expand operations.