Coterie collects $11.5M in latest funding round

Insurtech startup Coterie secured $11.5 million in an oversubscribed series A-1 financing round.

Intact Ventures Inc. led the financing, with participation from Alpha Edison and Lackawanna Insurance Group.

Existing investors RPM Ventures, Allos Ventures and several others also participated in the fundraising, which brings the total capital raised to $25 million.