New York based insurtech company focused on rent raised $95m in growth funding led by Tiger Global Management.
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Rhino raises $95m in growth funding
TechCrunch spoke with Jain, who is also the CEO of Kairos, a brand portfolio that includes the insurance startup, about its new investment. Kairos, Jain said, wants to lower costs for younger generations. Rhino fits that goal as upfront costs for renting can be prohibitive and its service could make the process less dependent on renters having lots of cash that they can lock up for the period of their lease.
