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Buckle raises $60m in Series B funding

Jersey City based provider of insurance and credit products to gig workers raised $60m in Series B funding led by Volery Capital Partners.

“This new raise helps validate Buckle’s positive momentum across its insurance programs and reinforces our belief in the opportunity for growth the Company faces today,” said Marty Young, co-founder and CEO of Buckle. “Through our capital efficient, multi-carrier strategy, we’re expanding our digital insurance platform nationwide so that we can offer a range of attractive insurance options to U.S. gig economy workers, many of whom have been considered essential workers throughout the pandemic.”

Tags

insurtech, lending