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Slingshot Insurance raises $27M seed for checkout insurance

1 reports1 report sources3 hours agoUpdate

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Slingshot Insurance, a Minneapolis-based AI-native embedded insurance startup, has raised $27 million in seed funding co-led by Rally Ventures and Skyward Group, with insurance veterans including Jim Hays participating; Hays will join its board. The company is emerging from stealth and says its first program will launch this month. For now, Slingshot earns revenue as a technology provider working with outside insurers, charging a 5% technology fee to administer programs through its platform.

AI-generated from reports · 1 hours agoUpdate

Latest updatesOct 22 21:00
Slingshot raises $27M seed to build an insurer for small checkout policies

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Oct 22
  1. Crunchbase NewsTop Deals
    Slingshot raises $27M seed to build an insurer for small checkout policies

    Slingshot Insurance, an AI-native embedded insurance startup, has raised $27 million in seed funding co-led by Rally Ventures and Skyward Group. The Minneapolis company.

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