180° Insurance raises $6.4 million

Brazilian insurance startup 180° Insurance has raised $6.4 million in equity and $2.8 million in debt in a pre-Series B round. The round was led by existing investors 8VC, Monashees, and Canary with the participation of FJ Labs.

Founded in 2020, the startup operates through a B2B2C model, providing a solution for companies to sell insurance digitally. The startup raised $46 million to date.

“Even with positive cash flow and a strong cash position, we decided to capitalize on the interest from our current investors and accelerate our growth. AI has already transformed our operations. Today, more than 80% of claims are regulated by our proprietary models. Now we see a new frontier where our distribution partners will be able to use AI agents across the entire customer entire insurance lifecycle. This raise, combined with the subordinated capital, gives us the flexibility and momentum to lead this transformation.” – Mauro Levi D’Ancona, co-founder and CEO of 180° Insurance.