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Share this article Share this article WALNUT CREEK, Calif., Feb. 3, 2021 /PRNewswire/ -- Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, is participating in a seed round financing for TrustLayer, a next-gen collaborative risk management platform and the insurance industry's first real-time proof of insurance verification solution. Abstract Ventures led the investment along with Propel Venture Partners, NFP Ventures, and Precursor Ventures. With an abundance of interest, the round was heavily oversubscribed, a refl...

Posted February 4th, 2021 for Telefónica 1.8 million euros were invested in 15 startups in Spain, 29% more than in the previous year. Countercraft, Ludus, Kymatio, Proppos, Humanox, Pridatec, Galgus, Alias Robots, Kenmei, Payflow and YBVR are the projects Wayra Spain invested in at its headquarters in Madrid and Barcelona, while Wayra X invested in Peoople, Blabla, Nannyfy and Suscrip. 2020 was also the year in which for the first time Telefónica acquired two startups partly owned by Wayra (Govertis and iHacklabs) with the aim of enhancing Telefónica Tech’s cybersecurity capabilit...

Insurance Verification Startup TrustLayer Raises $6.6M from BrokerTech, Ventures February 3, 2021 TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance brokers and others. “Verification of insurance and business credentials is a pain point for millions of businesses and demands a solution that is automated and secure,” said John Fohr, co-founder and CEO of TrustLayer, said in prepared remarks. Abstract Ventures led the round along with Propel Venture Partners, NF...

TrustLayer raises $6M seed to become the ‘Carta for insurance’ TrustLayer, which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 million in a seed round. Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. Interestingly, the startup also got some industry validation in the way of investors. Twenty of the top 100 insurance agencies in the U.S. (as well as some of their C-suite execs) put money in the round. Those agencies include Holmes Murphy, Heffe...

Startups on new-age tech surge in India Top Searches Startups on new-age tech surge in India Sindhu Hariharan / TNN / Updated: Jan 18, 2021, 15:06 IST FacebookTwitterLinkedinEMail (File photo) CHENNAI: A maturing ecosystem and tailwinds on the digital front due to Covid have expanded the ‘deep technology’ component of the Indian startup ecosystem. Deep tech includes the use of emerging and new-age tech such as AI, machine learning (ML), augmented & virtual reality, blockchain, robotics and 3D printing. At 19%, now nearly one in five tech startups are leveraging deep-tech solutions for th...