Alpha monster advanced shark tank11/1/2023 ![]() ![]() Omnichannel, led by Higgins - an executive fellow at Harvard Business School - in November raised $206.5 million in an initial public offering. ![]() The insurer recently said it surpassed $100 million in annual recurring premium after just 21 months as a carrier in an industry that still sees more than 90% of home coverage sold through brick-and-mortar agencies. Earlier backers include August Capital and Commerce Ventures. Kin raised $63.9 million in a recent funding round from investors including Senator Investment Group, Hudson Structured Capital Management, the University of Chicago’s startup investment program, Allegis NL Capital and Alpha Edison. It is led by co-founders Sean Harper, the chief executive officer, and Lucas Ward, who is president and chief technology officer. ![]() Chicago-based Kin says it offers affordable coverage in “catastrophe-prone” regions including California, Florida and Louisiana directly to consumers online.
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