New York based embedded insurance startup raised $3.6m in Seed funding co-led by Stack Ventures and Cambrian Ventures.
Vic Yeh, CEO and co-founder of Oyster, said, “The property and casualty (P&C) insurance industry has historically been highly fragmented with low customer satisfaction and beyond this, getting insurance is still a tedious, manual process that’s overdue for change. Consumers expect simple, transparent, and digitally-led experiences when interacting with everyday facets of their lives. We’ve built an all-star innovative team ready to drive innovation in the P&C industry.”