Synchrono Group raises $7 million

Digital underwriting provider Synchrono Group has raised $7 million, from two investors, according to an SEC filing made public on Wednesday.

Founded in 2019, Synchrono Group (a team of ~18) offers “tech-augmented insurance underwriting at the modern pace of business.” Last summer, the company which operates under the brandname SynchronoSure, raised $3.8 million and launched its third product. To date, the company raised ~$12.78 million.

“Create bindable quotes for your customers within minutes. Cut underwriting response time from over 48 hours to less than one. Let technology simplify your process so you can add more hours to your every day,” its website explains.