French CBien announces $8.72M Seed Funding

Paris-based digital inventory platform CBien announced it has raised €8 million in a Seed round bringing its total funding to date to $10.32 million. MAIF Avenir (investors in blockchain apps developer Ledger) participated in the round. The company, which was established in 2013, provides a mobile app to allow users to manage and protect their belongings. Barcode scanner included. Also, the startup takes pride in its access to “three partners, which make over 50% of the home insurance market in France”. Keyword: access. Bottom Line: expansion on the horizon. Look.

Recall 2017 insurance-related investments here.