www.kin.comFinTech / InsuranceFounded: 2016Funding to Date: $238MM
Kin Insurance is a home insurance tech company with direct-to-consumer user experience programming to customize coverage. By leveraging property data, the company provides customized home coverage plans that suit each individual and their circumstances. Kin Insurance also has a Kin Interinsurance Network that acts as a customer exchange, all included on a mobile app. Kin Insurance was founded by Lucas Ward, Sean Harper, Sebastian Villarreal, and Stephen Wooten in 2016 and is headquartered in Chicago, IL.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/05/2024 | Series D-5 | $5MM | $xx.xx | $1B | Activate Capital | |
Price per Share
$xx.xx
Shares Outstanding
227,272
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Activate Capital
|
||||||
03/01/2022 | Series D-4 | $5MM | $xx.xx | $873.87MM | QED Investors, Commerce Ventures, Flourish Ventures, Hudson Structured Capital Management, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, Geodesic Capital, PROOF.VC | |
Price per Share
$xx.xx
Shares Outstanding
83,153
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
QED Investors, Commerce Ventures, Flourish Ventures, Hudson Structured Capital Management, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, Geodesic Capital, PROOF.VC
|
||||||
03/01/2022 | Series D-3 | $95MM | $xx.xx | $873.87MM | QED Investors, Commerce Ventures, Flourish Ventures, Hudson Structured Capital Management, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, Geodesic Capital, PROOF.VC | |
Price per Share
$xx.xx
Shares Outstanding
1,579,924
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
QED Investors, Commerce Ventures, Flourish Ventures, Hudson Structured Capital Management, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, Geodesic Capital, PROOF.VC
|
||||||
06/03/2021 | Series D-2 | $16.13MM | $xx.xx | $601.3MM | Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures, Flourish Ventures | |
Price per Share
$xx.xx
Shares Outstanding
347,495
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures, Flourish Ventures
|
||||||
06/03/2021 | Series D-1 | $60.5MM | $xx.xx | $601.3MM | Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures, Flourish Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,303,119
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures, Flourish Ventures
|
||||||
08/13/2020 | Series B-3 | $3.08MM | $xx.xx | $180.64MM | Hudson Structured Capital Management, Flourish Ventures, QED Investors, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, University of Chicago | |
Price per Share
$xx.xx
Shares Outstanding
351,181
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Hudson Structured Capital Management, Flourish Ventures, QED Investors, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, University of Chicago
|
||||||
08/13/2020 | Series B-2 | $12.62MM | $xx.xx | $180.64MM | Hudson Structured Capital Management, Flourish Ventures, QED Investors, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, University of Chicago | |
Price per Share
$xx.xx
Shares Outstanding
1,525,203
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Hudson Structured Capital Management, Flourish Ventures, QED Investors, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, University of Chicago
|
||||||
08/13/2020 | Series B-1 | $23.56MM | $xx.xx | $180.64MM | Hudson Structured Capital Management, Flourish Ventures, QED Investors, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, University of Chicago | |
Price per Share
$xx.xx
Shares Outstanding
1,569,540
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Hudson Structured Capital Management, Flourish Ventures, QED Investors, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, University of Chicago
|
||||||
02/15/2018 | Series A | $12.86MM | $xx.xx | $52.24MM | August Capital, Commerce Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,954,831
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
August Capital, Commerce Ventures
|
||||||
08/01/2017 | Series Seed-6 | $44,996 | $xx.xx | $14.4MM | Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook | |
Price per Share
$xx.xx
Shares Outstanding
18,047
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook
|
||||||
08/01/2017 | Series Seed-5 | $234,994 | $xx.xx | $14.4MM | Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook | |
Price per Share
$xx.xx
Shares Outstanding
113,101
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook
|
||||||
08/01/2017 | Series Seed-4 | $344,995 | $xx.xx | $14.4MM | Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook | |
Price per Share
$xx.xx
Shares Outstanding
207,555
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook
|
||||||
08/01/2017 | Series Seed-3 | $19,999 | $xx.xx | $14.4MM | Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook | |
Price per Share
$xx.xx
Shares Outstanding
16,043
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook
|
||||||
08/01/2017 | Series Seed-2 | $124,999 | $xx.xx | $14.4MM | Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook | |
Price per Share
$xx.xx
Shares Outstanding
151,086
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook
|
||||||
08/01/2017 | Series Seed-1 | $3.46MM | $xx.xx | $14.4MM | Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook | |
Price per Share
$xx.xx
Shares Outstanding
1,111,127
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures, Portag3 Ventures, Avant, Square, Capital One, LinkedIn, Facebook
|