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According to LinkedIn, Zego had around 500 employees prior to these layoffs.
PruVen Capital participated in the round.
The Chicago-based startup is licensed in ~34 states.
SmartBank says that its total number of downloads exceeded 100,000 in December, and now it aims to reach 1 million by the end of 2023.
The UK-based startup said it found it difficult to acquire customers in a highly competitive space.
Tokio Marine and State Farm Ventures participated in the round.
Earlier this year, the Brooklyn-based startup announced a $3.3 million investment.
Since Porch Group's acquisition of the insurer/MGA, HOA has launched its homeowners insurance operations in 14 new states.
wefox intends to use the funding for product development and expand across Europe, Asia and the US.
The new MGA is led by Connie Germano.
The startup plans to launch in California in the next few years.
Sanas is the world's first real-time accent translation technology company.
The California-based startup looking to make premium wealth management services accessible to everyone.
Mercado Libre is the largest e-commerce ecosystem in Latin America.
The startup says that insurance a future product.
