Stable raises $46.5M in Greycroft-led round to help businesses manage ‘volatile’ commodity prices
https://techcrunch.com/2021/10/04/insurtech-stable-raises-46-5m-in-greycroft-led-round-to-help-businesses-manage-volatile-commodity-prices/
Stable, an insurtech aiming to help minimize a businesses’ risk due to volatile commodity prices, today announced it has raised $46.5 million in a Series A round of funding led by Greycroft.
Notion Capital, Anthemis, Continental Grain and existing backers Syngenta and Ascot also participated in the financing, which brings the Chicago-based startup’s total raised to about $50 million since its 2016 inception. Anthemis led its $3.5 million seed round in early 2020.