Skip to main content

Liberty Mutual, Kiplin Capital Lead $7.3mn REIN Funding Round

Liberty Mutual Strategic Ventures, Kiplin Capital and individual and family office investors, Jason Griswold (Founder, Brown Aviation Lease), Christopher Ellis (Managing Director at AvPro, Inc), Bert Roberts (former CEO of MCI), Steve Rabbitt (Formerly Founder/CEO at The Registry), and Anderson Bell (Senior Executive, AvPro, Inc.) have joined together to invest $7.3mn in REIN, an insurtech company offering a flexible, data-driven platform designed to create usage-based insurance products. The REIN platform is built to use unstructured business data to better understand risk, specifically the emerging risks linked to continued technological advancement within mobility, robotics and online ecosystems. With REIN, companies can better adapt to changing customer behaviour, and the unprecedented demand for speed...