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TNW | Investors-funding

Cachet raises new funding to insure Europe’s gig and mobility platforms

The Tallinn insurtech, which insures platforms such as Bolt, Voi, and Turo, will spend it on products and sales.

Tarun Mottlia

Via TNW | Investors-funding

·Excerpt
Cachet raises new funding to insure Europe’s gig and mobility platforms
Image: The Cachet team in Tallinn Credit: Cachet

Tallinn startup Cachet, which sells insurance to ride-hailing, scooter, and gig-work apps, has closed a funding round led by Spintop Ventures. The deal raises its total capital to about €11 million.

Moreover, Truffle Capital and Icebreaker.vc, both earlier backers, joined the round.

Cachet acts as a licensed broker rather than an insurer. Its policies are shaped by real use of each car, scooter, or worker, and they plug straight into the apps. Cachet runs the policies and claims, and large…

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