TowerIQ Raises $2M, Hires Former CTO of Plastiq to Build Digital Communication Platform For Insurance Industry
CNA Financial Corporation (CNA)
Last cna financial corporation earnings: 2/10 06:00 am
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Source: Business Wire
BOSTON--(BUSINESS WIRE)-- TowerIQ, a market neutral communication platform for the insurance industry today announced that it has raised $2M in seed funding. The round was led by Hyperplane Venture Capital, and includes additional investments from Vestigo Ventures and Clocktower Ventures. TowerIQ partners with insurance brokers, agents and carriers to provide policy holders with a modern, digital experience. The TowerIQ platform allows agencies and brokers to facilitate user-friendly and compliant communications from application to binding of an insurance policy. Alongside the fundraise, the company also announced the hiring of former Plastiq CTO, Michail Medvinsky. Michail brings deep enterprise technology experience, having previously been VP of Software Development at Fidelity and Senior Technologist at MineralTree. The addition of Michail will allow TowerIQ to accelerate machine learning applications,
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