States Title Raises $150 Million to Modernize Home Closing Experience
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Machine intelligence helps remove friction and frustration from title and escrow processes; new debt financing accelerates expansion of local resale and centralized refinance business
The platform benefits lenders, real estate professionals, title agents, and homeowners, and has become even more crucial as the impacts of COVID-19 and record-low interest rates have created a huge tailwind behind home purchase and refinance. SAN FRANCISCO (PRWEB) February 17, 2021
States Title, a leading force for disruptive change in the real estate industry, today announced $150 million in debt financing from HSCM Bermuda, who has previously invested in the company. The financing follows a $123 million Series C filed last May and will be used to accelerate traction on an aggressive roadmap and market expansion to fundamentally transform the home c
Corvus Insurance Offers Complimentary Cyber Risk Reports to Public Utilities
The reports help utilities entities to identify gaps in security in order to mitigate risk of hacks that can disrupt operations and potentially endanger citizens.
BOSTON, MA / ACCESSWIRE / February 12, 2021 / Corvus Insurance, a leading provider of commercial insurance products powered by AI-driven risk data, announces a new initiative providing cyber risk analysis and reports for public utilities who maintain critical infrastructure. The reports are provided free of charge and can be requested through the company s website.
Proofs of concept by security researchers have in the past shown the possibility of attacks on critical infrastructure, and a recent real-world example has rekindled fears over the security of critical suppliers of water, electricity and natural gas. The Corvus initiative offering the company s Dynamic Loss Prevention Reports is a response to the heightened need to ensure all possible
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Micromobbin’
Last week I highlighted how Lime was getting into the shared moped business. Now, shared moped startup Revel is getting into the EV charging game. I wonder if we are starting to witness the beginning of a business diversification trend in micromobility?
Revel said it is building a DC fast-charging station for electric vehicles in New York City, the first in a new business venture that will eventually spread to other cities. The company said this new “Superhub,” which is located at the former Pfizer building in Brooklyn, will contain 30 chargers and be open to the public 24 hours a day. This will be the first in a network of Superhubs opened by Revel across New York City, the company said.
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Company Begins 2021 with 250% Year-over-Year Growth, Technological Innovations, and Milestone New Hires
BOSTON, MA / ACCESSWIRE / January 21, 2021 / Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced that it exited 2020 at a $100M annual premium run rate, capping off a year that was marked by accelerated growth for the company. Corvus spent 2020 executing on a plan to reimagine commercial insurance, recognizing the market reality that traditional insurers are not meeting the dynamic needs of brokers and policyholders. Continual technological advancements throughout the year have placed Corvus in a leadership position across multiple commercial insurance products, dramatically increasing adoption and overall growth metrics.