Breeze, a Omaha, Neb.-based insurtech startup, raised $10m in Series A funding.
The round was led by Link Ventures, with participation from Northwestern Mutual Future Ventures, Silicon Valley Bank, M25, Fiat Ventures, and Invest Nebraska.
The company intends to use the funds to accelerate the growth of its core products — disability and critical illness insurance — add new products, carriers, and agents to its digital platform, build out its software development, customer service, distribution, and marketing teams.
Launched in 2020 by Colin Nabity and Cody Leach, Breeze has built insurance technology that makes it easier to apply and underwrite supplemental insurance products like income protection and critical illness insurance. The company offers consumers a completely digital way to quote, apply, and bind policies that offer protection in the event of cancer, heart attacks, strokes, and other medical conditions that can lead to a loss of income and cause financial trauma.