“Kin Insurance: Beyond $1bn valuation, Ruling the Unicorn world!”

TLDR: Kin Insurance, a digital home insurance provider, has reached a valuation of over $1bn and achieved Unicorn status following a $15m funding round led by Activate Capital. The funding will support Kin’s expansion efforts and enable the introduction of new products. The company currently operates in eight states and serves approximately 115,000 policyholders.

Kin Insurance has reached a valuation of over $1bn and achieved Unicorn status following a $15m funding round. The investment, led by Activate Capital, will enable Kin to accelerate its expansion efforts and introduce innovative products. The company operates in eight states and serves around 115,000 policyholders.