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Clearcover raises $200m in Series D funding

Chicago based car insurance startup raised $200m in Series D funding led by Eldridge. 

“We like many other insurers saw COVID-19 as a light tailwind. We’re a digital auto insurer, people still had to buy car insurance. They were shopping online more than ever,” Chief Executive Officer Kyle Nakatsuji told Reuters ahead of the announcement.

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insurtech, car insurance, chicago