Corvus Raises $100M Series C Financing
Gunderson Dettmer represented client Corvus Insurance, a leading provider of smart commercial insurance products powered by AI-driven risk data, in its $100 million Series C financing led by Insight Partners.
In the announcement of the transaction, founder and CEO of Corvus Phil Edmundson said, “At Corvus, we are employing the power of data to build insurance products that result in a safer world. During these times of unprecedented cyber attacks, we are arming brokers and their policyholders with the most intuitive tools and capabilities to mitigate risks for companies of all sizes. With the biggest fundraising round of a cyber insurance company to date, we will continue to realize our vision in making our world a safer place.”
The Gunderson deal team was led by Nevin Fox and included Jay Hachigian, Erik Thompson and Kelly Flanagan.