WEFOX CLOSES RECORD SERIES C FUNDING ROUND FOR INSURTECH ● wefox closes record US$650 million series C funding round valuing the insurtech at US$3 billion (post-money valuation) ● Largest series C funding round for an insurtech globally ● Round was significantly oversubscribed ● Funding round was led by Target Global with participation from existing investors, including OMERS Ventures, G Squared, Merian, Horizons Ventures, Eurazeo, Mubadala Capital, Salesforce Ventures, Speedinvest, CreditEase, GR Capital and Seedcamp ● New investors included FinTLV, LGT and its affiliated impact investing platform Lightrock, Partners Group, EDBI,…
WEFOX CLOSES RECORD SERIES C FUNDING ROUND FOR INSURTECH
