California based reinsurance startup raised $25m in Series A led by Acrew Capital.
| less than a minute read
Kettle raises $25m in Series A funding
“We are thrilled to be helping provide insight and relief to the California insurance market,” Manning said. “There are 14 million structures in California, and, in 2020, [approximately] 11,500 of them burned down – less than 0.1%. While the risks of wildfire have certainly increased over the past decade, the key is understanding exactly where the risk is. If we can do that, we can bring stability back to the California insurance market.”
