Spot: Announced it has raised $17.5 million in funding
- Spot, the tech startup modernizing insurance by providing digital, on-demand injury insurance to tens of thousands of customers
- Announced it has raised $17.5 million in funding, including $15 million in equity and $2.5 million in debt
- The round was led by GreatPoint Ventures, with participation from Montage Ventures, Mutual of Omaha, MS&AD
- The company will use the new capital to grow the team, forge new partnerships, and ramp up marketing efforts
- The first company to provide customized injury insurance policies through strategic partnerships with companies
- The company invented “on-the-mountain” coverage for skiers and snowboarders, which can be purchased along with a lift ticket
