Openly Expands Allianz Partnership and Closes Growth Investment Round to Scale U.S. Footprint
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4 Articles
Openly Closes on Investment Round, Eyes Future Growth
The latest from Openly as they secure more investment for future growth; Openly, a tech-enabled homeowners insurance provider, has announced the close of a growth investment round led by existing investors Eden Global Partners, Advance Venture [...] The post Openly Closes on Investment Round, Eyes Future Growth appeared first on .
Boston-based Insurtech Openly secures fresh capital – with the participation of investors such as Allianz X. With a new tailwind, the company aims to accelerate its US expansion, expand broker networks and advance innovative insurance solutions for an increasingly risky future. Openly strengthens its balance sheet with fresh capital and enhanced reinsurance protection© Openly Boston-based Insurtech Openly has recently completed a new round of fi…
The Boston start-up Openly secures fresh capital for its expansion in the US residential insurance market. The current growth financing round was led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz subsidiary Allianz X. In addition, Openly has expanded its long-term reinsurance partnership with Allianz Re. The post US-Insurtech Openly expands Allianz partnership first a…
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