This Chicago tech company just raised $43 million and is about to take on car insurance in the land of Allstate and State Farm
Chicago startup Clearcover has raised $43 milli.....»»
Collective Health, a health-tech startup that seeks to simplify employer-provided health-care, raises $205 million in funding round
Collective Health, a San Francisco, Calif.-based health-care technology startup that seeks to simplify employer-sponsored health insurance, has raised $205 million in its latest funding round, the company said......»»
Snapsheet raises $29 million as it expands beyond auto insurance
Chicago insurance-tech startup Snapsheet landed a new round of funding as it expands its smartphone-based insurance claim solution beyond auto insurance. Snapsheet announced Monday that it raised $29 million in fresh funding in a round led by Tol.....»»
Chicago startup thinks it can fix the problem cities have with electric scooter "wheelmageddon"
Dockless electric scooters are one of the hottest industries in tech today. One such company, Bird, has raised more than $400 million and is valued at $2 billion—even though it was founded just last year. Lime, a competitor, has also raised over $40.....»»
State Farm reaches preliminary deal in conspiracy lawsuit
Insurance giant State Farm on Tuesday reached a $250 million preliminary settlement in a federal class-action lawsuit claiming the company funneled money to the campaign of an Illinois Supreme Court candidate......»»
Opternative raises $9M to expand Its online vision test business
Chicago eye care tech company Opternative has raised a new round of funding to hire more employees as it grows its online vision test business. Opternative announced Thursday that it raised $9 million in a round led by Trust Ventures, a new, Aust.....»»
Health care tech firm raises $100M in equity funding
Lumeris, a Maryland Heights-based health care technology business, has raised $100 million in equity capital, the privately held company said Monday......»»
D.C. climate tech unicorn raises another $50M
The company has raised more than $676 million since its founding a decade ago......»»
Amount raises $100M at $1B valuation, becoming Chicago’s newest unicorn
A fintech startup that spun out of Chicago-based Avant has raised a mega-round of funding, valuing it at $1 billion and making it Chicago's latest "unicorn" company. Amount announced Tuesday that it raised $100 million in a Series D round led b.....»»
Chicago VC firm 7wireVentures raises $150M fund
Another Chicago venture capital firm has closed a new fund as the city's tech scene looks to continue its hot streak of deals in 2021. 7wireVentures, a health care-focused VC firm, announced it raised $150 million for its latest fund. The new fund fo.....»»
DFW tech company wants to be "Carfax for homes," quietly raises almost $10M
A Rockwall company has quietly raised nearly $10 million with a mobile service that’s all about the home. Zyyah launched its new app in the iPhone App Store in March with limited functionality for beta testing — and is set to fully launch by .....»»
40 Under 40 2021: John Wagner
Wagner has served as president of John Wagner State Farm Insurance since September 2017, growing the business from scratch to $1.5 million in revenue......»»
Biotech company spun out of Ohio State University research raises $116M in latest round
When it was founded back in 2018, Entrada raised $59 million, which was the largest amount raised in an initial financing round for an OSU startup......»»
Hospitality industry tech startup Bbot raises $4 million
Bbot, which makes technology used for contactless food service mobile ordering and creating digital menus, said it's raised $4 million in additional funding. The New York City company said the latest funding round was led by Rally Ventures, an .....»»
Charlotte tech company to expand software platform with $130M in new funding
Charlotte-based LeanTaaS has raised a $130 million Series D funding round that it will use to expand its suite of products......»»
Bay Area software startup Harness hits $1.7B valuation with $115M funding
Another San Francisco tech company has signaled its entry into the 2021 unicorn club. Harness, which offers a platform for software delivery, announced Thursday that it has raised a $115 million Series C round, bringing its valuation to $1.7 billion......»»
Quizlet raises $30M, joins billion-dollar valuation club
Education tech firm Quizlet is the latest member of the billion-dollar valuation club. The San Francisco company, founded in 2005 by a sophomore in high school, raised a $30 million series C this week with a valuation of $1 billion. That’s nearly .....»»
Tech company pivots its household help network to deliver groceries
Six months after Umbrella raised $5 million from investors for its AAA-like membership service to help senior citizens with household tasks, Covid-19 disrupted its business model. Sending gig... To view the full story, click the title link......»»
State Farm and other car insurance companies are giving refunds due to coronavirus — how you can get yours
The country’s largest auto insurer is sending $2 billion back to customers, joining Allstate, Geico, Liberty Mutual, USAA, Chubb and other insurers making deals for customers......»»
State Farm and other car insurance companies are giving refunds because of coronavirus — here’s how you can get your discount
The country’s largest auto insurer is sending $2 billion back to customers, joining Allstate, Geico, Liberty Mutual, USAA, Chubb and other insurers making deals for customers......»»
Allstate to return $600M to customers as people drive less, file fewer insurance claims during pandemic
Because people are driving a lot less due to the coronavirus crisis and filing a lot fewer claims, Allstate Corp. said it will return $600 million to its customers. The Northbrook, Illinois-based insurance company (NYSE: ALL) said most of its custom.....»»