20 November 2019:
Vouch Insurance has raised $45 million in Series B round of funding. The funding round was led by Y Combinator Continuity.
Vouch also announced its launch in California. With this funding, Vouch has raised $70 million in financing to date.
Anu Hariharan, Partner at Y Combinator Continuity, said, “Y Combinator and Vouch share a common goal – giving founders the support they need to build successful, innovative companies, Vouch is built specifically for startups, so founders have the peace of mind that their business is covered. This platform is fundamental to the startup community, as it enables founders to focus on growing their companies — which is why we were bullish on leading the Series B.”
Sam Hodges, CEO and co-founder of Vouch, said, “Vouch helps founders manage the risks associated with starting up a new company, so they can focus on creating and growing businesses that change the world. We believe that’s a purpose worth pursuing. As an entrepreneur, I’ve spent most of my career building companies at the intersection of technology and financial services.”
Sam Hodges, added, “I know first-hand that along the journey of building and growing a business, teams will face numerous high-stakes challenges. Vouch is here to support entrepreneurs and mitigate those challenges from the beginning, leaving more room for growth.”
(Image – Vouch Insurance)