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Crop Pro Insurance raises $8M

Crop Pro Insurance LLC, a Des Moines, Iowa-based managing general agency specializing in federal and private crop insurance, closed an $8 million series A round of financing co-led by agriculture investors Finistere Ventures and Seed 2 Growth Ventures.

GuideOne Insurance also participated in the fundraising round.

Crop Pro expects to use the investment to expand its team and step up the development of its products and services.

AmTrust Financial Services Inc. unit Technology Insurance Co. Inc. acquired Crop Pro Insurance in 2015.