Kin Insurance, a Chicago, IL and Miami, FL-based home insurance startup, secured $4m in funding.
Investors included Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures and Portag3 Ventures, as well as angels including founders and alumni from other top tech companies such as Avant, Square, Capital One, Linkedin and Facebook.
The company is using the funds to expand operations.
Founded in 2016 by fintech veterans Sean Harper, Lucas Ward and Sebastian Villarreal, Kin Insurance has built a data and technology platform for customers to get home insurance insurance products online. Kin is built on modern technology without paper and legacy IT systems, and does not rely on local brokers for distribution.
The company has launched Kin Insurance in its first state, Florida.