Wednesday, March 2, 2022

Counterpart Connects With $30M

Los Angeles-based Counterpart, a developer of liability management software, has raised $30M in a Series B funding round, the company said on Tuesday. According to the company, the funding was led by Vy Capital, and also included Valor Equity Partners. The company says it has now raised $40M in total. Counterpart says it is looking to help small businesses with management liability insurance, which it says is very difficult for businesses to purchase, due to underwriting inefficiencies, confusing terms and coverage, and increased costs. Tanner Hackett is Founder and CEO of Counterpart.