Insurtech Kin grabs financing from Activate Capital, the home insurance game-changer.

February 11, 2024
1 min read


  • Insurtech company Kin has raised $15 million in financing from Activate Capital, a growth-stage VC firm.
  • The funding will be used to accelerate Kin’s growth investments and expand into new markets and products.
  • Kin is a direct-to-consumer digital insurer that focuses on the homeowners insurance market.

Insurtech company Kin has secured $15m in financing from venture capital firm Activate Capital. The direct-to-consumer digital insurer aims to use the funds to accelerate its growth investments and expand into new markets and products. Kin operates primarily in the homeowners insurance market and claims to offer coverage that is more convenient and affordable by eliminating the need for external agents. It uses a technology platform that provides a seamless user experience, customised coverage options, and fast, high-quality claims service. Kin already serves around 115,000 policyholders in eight US states.

Latest from Blog

Your Daily InsurTech Briefing – 2024-06-24

Let’s see what’s in the news today. Labor Insurance Supplies Market Latest Trends, Technological Advancement, Driving Factors and Forecast to 2030 The Labor Insurance Supplies Market has witnessed continuous growth in the

CRC Group boosts leadership team

TLDR: CRC Group, a leading wholesale specialty insurance distributor in North America, has appointed three new executives to its leadership team. Jessica Marshall is now the chief marketing officer, Mike Baeurle is

Your Daily InsurTech Briefing – 2024-06-23

Let’s see what’s in the news today. Why actuarial expertise is now key for insurers As the insurance sector undergoes a rapid evolution in regard to its pricing challenges, José María Castelo

Technology claims: industry adapts.

Claims Technology Adaptation in the Insurance Industry TLDR: Key Points: Rapid advancements in Insurtech and technology have disrupted the insurance industry, particularly in claims processing. The adoption of technology in claims processes,