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Atlanta based insurtech startup that uses AI and machine learning to help small businesses customize commercial insurance bundles raised $5m in seed funding led by Sandbox Insurtech Ventures.
Co-founded in 2016 by Phillip Naples, a commercial insurance broker with more than 20 years of experience and one of his former customers Andrew Egenes, a serial entrepreneur, and incubated in the first cohort of Lloyd’s Lab, Layr combines a customer-centric approach with technology to automate the time-intensive legacy process of sourcing, purchasing, and managing business insurance through its cloud insurance platform.
http://www.finsmes.com/2020/07/layr-raises-5m-in-seed-funding.html
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