Comulate raises $20M to help insurers work more smoothly

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Unimaginable disasters like the fires in Los Angeles cause hundreds of billions of dollars in destruction, and put a huge focus on the role the insurance industry plays in the process of rebuilding. Those events also lead to major financial losses at the insurance companies themselves, and longer term, all of this will put a spotlight on how well insurance companies are run behind the scenes.

Today, a startup that’s building technology for that purpose is announcing a funding round on the back of fast growth: Comulate, which builds tools to help…



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Comulate raises $20M to help insurers work more smoothly


Unimaginable disasters like the fires in Los Angeles cause hundreds of billions of dollars in destruction, and put a huge focus on the role the insurance industry plays in the process of rebuilding. Those events also lead to major financial losses at the insurance companies themselves, and longer term, all of this will put a spotlight on how well insurance companies are run behind the scenes.

Today, a startup that’s building technology for that purpose is announcing a funding round on the back of fast growth: Comulate, which builds tools to help…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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