counterpart

counterpart

Photo by James Opas | Modified by Joshua Letona

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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Los Angeles-based insurtech platform Counterpart has raised $30 million in new funding through a Series B round led by Dubai-based venture firm Vy Capital, Counterpart announced Tuesday.

Chicago-based Valor Equity Partners and Silicon Valley-based Felicis Ventures also invested in the round, which brings the L.A.-based startup’s total funding to $40 million.

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Photo by Ulises Baga on Unsplash

Counterpart Inc., a Walnut, Calif.-based insurtech using technology and data to transform the management liability insurance market, has raised $10 million in funding led by Valor Equity Partners.

The insurtech field is wide open for startups like Counterpart and larger online insurance rival Next Insurance, which have made forays into the personal insurance market in recent years. To date, the Silicon Valley-based Next Insurance, which also provides small business liability insurance, has raised a total of $631 million.

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