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Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology
Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round. The round was led by Motive Ventures along with Tokio Marine Future Fund, marking a significant step in Korr’s journey to modernize insurance technology. Early investors include Plug and Play Ventures. Founded in 2021, Korr’s cloud-native core operating system migrates on-premise legacy systems to the cloud, improving customer experience and slashing operational expenditure.
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