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Flock raises $38m in Series B funding

UK based fleet insurance company raised $38m in Series B funding led by Octopus Ventures.

“The first product we launched was in the drone industry. It was a pay-as-you-fly drone insurance product that used drone data. And, actually, that was our stepping stone into commercial motor. We built technology. And we built a capability to use real-time data by being born in the drone industry.”

Tags

insurance, real time data