- Insurtech startup Battleface just lately raised $12 million in a Sequence A funding round backed by Duolingo investor Travel Cash.
- The disruption prompted by COVID-19 is only envisioned to boost demand for journey insurance coverage in the potential, with professionals predicting a $40 billion industry price by the conclusion of the 10 years.
- Business enterprise Insider bought an special glimpse at the pitch deck the business utilized to provide traders on board.
- Take a look at Business Insider’s homepage for much more stories.
Battleface, a vacation insurance coverage startup centered in Colombus, Ohio, not too long ago lifted $12 million in a Series A funding round backed by Duolingo investor Generate Funds.
Amid the disruption triggered by the COVID-19 pandemic, the travel insurance policies field is forecast to retain expanding above the up coming ten years, with authorities predicting a market benefit of nearly $40 billion by 2027.
Battleface creates, distributes and services specialty vacation insurance plan merchandise for audiences in both equally retail and wholesale.
The firm’s CEO Sasha Gainullin beforehand created world wide operations for AIG Travel Guard and has labored with Battleface due to the fact its inception.
Look at out the pitch deck Battleface made use of to bring buyers on board down below: