Obie, a real estate-focused insurance technology company, has raised $25.5 million in a funding round led by Battery Ventures.
Since the company’s last raise – a $10.4 million Series A – nearly two years ago, the startup says it has gone from securing insurance for over $3 billion worth of property to $20 billion worth. It has now raised a total of $39 million since its 2017 inception.
Obie’s software specifically targets small-to-medium size apartment landlords who own single-family rentals and/or larger apartment buildings.
Chicago-based and Y Combinator graduate Obie says its platform stands out because it offers instant quotes (by instant, they mean in...
