Insurtech GRACE secures €5.9M Seed to protect luxury items https://t.co/nAunmqzv0z https://t.co/sgR0JkzjPF
Grace raises €5.9 million seed to offer insurance to luxury goods: https://t.co/E1XQhxv1y1 by TechCrunch #infosec #cybersecurity #technology #news
Grace raises €5.9 million seed to offer insurance to luxury goods https://t.co/oLg6hu4HAw
French startup Grace has successfully raised €5.9 million in seed funding to provide insurance for luxury goods. The funding round was led by fintech firms including fintech_io and Speedinvest, with participation from investors such as Firstminute Capital, Purple (Laurent Ritter), Kimaventures, Bpifrance, Andreessen Horowitz (a16z), and Sequoia. This investment aims to enhance the startup's offerings in the luxury insurance market, which is increasingly leveraging technology for fraud prevention and customer service.