Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/03/09/zego-unicorn/

Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million.

Leading the London-based company’s C round — giving it a $1.1 billion valuation and a unicorn status — is DST Global. Other new backers include General Catalyst, whose founder and MD, Joel Cutler, joins Zego’s board.

Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

Mar 10, 2021, 12:19am UTC
https://techcrunch.com/2021/03/09/zego-unicorn/ > Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. > Leading the London-based company’s C round — giving it a $1.1 billion valuation and a unicorn status — is DST Global. Other new backers include General Catalyst, whose founder and MD, Joel Cutler, joins Zego’s board.