Slice Labs Inc., a NYC-based insurtech startup, raised an additional funding from Munich Re / HSB Ventures, the corporate venture capital arm of Munich Re.
The amount of the deal was not disclosed.
The investment aims to support Slice’s upcoming product launch in the US.
Led by CEO Tim Attia, Slice Labs is launching an on-demand, pay-per-use insurance for the on-demand economy which aims to be cost-effective, easy to acquire and provide superior coverage. The company had previously secured seed funding from Horizons Ventures and XL Innovate.