HSCM among backers for Kin $145mn facility
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HSCM among backers for Kin $145mn facility

Farhin Lilywala
31 October 2022
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InsurTech Kin has closed on a $145mn credit facility, led by Runway Growth Capital and the Avenue Venture Opportunities Fund, to support the expansion of its reciprocal exchange, the Kin Interinsurance Network.

Runway and Avenue were joined by Aquarian Investments, Group 1001, Skyline Capital, and funds managed by Hudson Structured Capital Management.

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Farhin Lilywala
Section Editor, Distribution & Specialty
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