MassMutual and Nationwide participated in the round.

The transaction is subject to customary closing conditions.

The companies will collaborate on a digital, data-driven approach to motor fleet insurance.

The new funding will go towards both horizontal and vertical M&A opportunities and increasing the workforce.

The transaction will result in a pre-tax gain of $28 million after considering transaction-related expenses.

The company has a target to have over $100 million of committed capital for 2024.

Synectics Solutions offers a suite of solutions to enhance AXA UK’s fraud prevention measures.

The company claims to give businesses access to "heavily discounted" services and products.

Cyberwrite will provide MAPGRE with a cyber insurance risk platform.

UK customers will have access to commission-free trading of more than 6,000 US-listed stocks.

Last week, Cruise co-founder and CEO Kyle Vogt announced his resignation from the company. 

The deal is valued at $2.3 billion.

Every offers back office services for startups.

The transaction is expected to close in the first quarter of 2024.