Branch raises $50 million

Columbus-based Branch has raised $50 million in a Series B funding round led by Anthemis Group. Other investors participating in the round include Acrew, Cherry Creek Holdings, Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV. With this latest financing, Branch has raised $82.5 million in total funding since its inception.

Branch is now live in Arizona, Colorado, Oklahoma, Indiana, Illinois, Missouri, Ohio, Texas and Maryland. The startup predicts it will be available in more than 80% of the U.S. before the end of the year.