Corvus Raises Further $15M in Series C Financing

USA – Corvus Insurance, a Boston, MA-based provider of smart commercial insurance products powered by AI-driven risk data, secured a $15m extension to its recent Series C funding.

The round was led by FinTLV and Aquiline Technology Growth. These latest investments will add to Corvus’s three rounds of venture capital previously announced including its $100M Series C funding bringing overall funding to $162M.The company intends to use the funds to continue to expand operations and its business reach. Led by Phil Edmundson, founder and CEO, Corvus Insurance is a provider of commercial insurance products built on advanced data science, with an AI-driven approach to empowering brokers and policyholders to predict and prevent loss. With each Smart Commercial Insurance® policy, the company supplies proprietary Dynamic Loss Prevention® reports to inform policyholders of critical cyber risk areas and provide actionable security recommendations. The company has offices across the U.S.26/05/2021