David Siegel (Founder)
Raincoat's embedded parametric insurance model enables distribution channels to offer protection against the occurrence of a specific event.
The team will initially concentrate on real estate assets in North America across multiple segments.
The company is valued at $1.2 Billion.
The investment was led by TCV.
Two Sigma Ventures announced the close of Two Sigma Ventures III, LP, a $288 million venture capital fund focused on investing in...