Since its official launch in 2017, Kin has provided home insurance in Florida and Texas, but plans to make its offerings available nationally by the year’s end. Its latest round of financing, backed by the Silicon Valley VC firm August Capital, will help the company launch new products over the next two quarters. Previously, Kin raised $4 million from leading venture capitalists and angel investors, among them Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, and Portag3 Ventures.

https://www.prweb.com/releases/2018/06/prweb15543334.htm