Kin Raises $63.9 Million in Series C Round

(Image credit: Michelle Raponi.)

Kin, a home insurance company focused on data-driven underwriting to provide accurate rates for individual properties in disaster-prone areas, has raised $63.9 million in a Series C round, bringing its total funding to more than $116 million. The Series C round was led by Senator Investment Group and Hudson Structured Capital Management with participation from the University of Chicago through its Startup Investment Program, along with Allegis NL Capital, and Alpha Edison.

Kin offers homeowners’, landlord, condo and mobile home insurance through the Kin Insurance Network (KIN), a reciprocal exchange owned by its customers, who share

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