Aussie Insurance Startup Cover Genius Raises Funds at A$1 Billion Valuation

Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million from investors including G Squared and Japanese insurer Sompo Holdings Inc. The proceeds — about seven times more than what the company raised last year — will be used to expand in markets including the U.S.,… Continue reading Aussie Insurance Startup Cover Genius Raises Funds at A$1 Billion Valuation