Slide Insurance, a Tampa, FL-based full-stack insurtech focused on homeowners insurance, closed a $35m senior credit facility with Regions Bank.
This credit facility builds on the funding Slide secured in its $105m venture-back series A round which closed in November 2021.
Founded by Bruce and Shannon Lucas, Slide is a full-stack homeowner’s insurtech that makes it easy for modern consumers to choose the right coverage for their needs and budgets. Slide’s technology leverages artificial intelligence and big data to hyper-personalize, optimize, and streamline every part of the insurance process. Slide launched operations in February 2022 and has quickly grown to become the largest full-stack homeowners insurtech in the country with over $570M of premiums in force.
FinSMEs
22/06/2023