Insurance startup Gabi raises $27M to double its product, engineering and marketing teams
https://techcrunch.com/2020/01/29/insurance-startup-gabi-raises-27m-to-double-its-product-engineering-and-marketing-teams/
Gabi, a startup built to help consumers save money on home and auto insurance, announced today that it has closed a $27 million Series B.
The company intends on using its new capital to rapidly expand its team and invest in its product. Nearly every startup does something similar after it collects new cash, so what makes Gabi’s round interesting? Its space is attracting lots of capital, it has some notable, venture-backed competitors and its business model helped the company close its latest round. All that made the Gabi deal quite interesting.