Markd Closes $100M Debut VC Fund for InsurTechs

As reported on PYMTS.com
Photo by PYMTS.com

InsurTech venture capital firm Markd on Thursday (March 24) closed its $100 million debut fund for early- and growth-stage startups “with the potential to propel the digital transformation of the insurance industry,” according to a company press release.

Markd founder and managing partner Parker Beauchamp and an undisclosed industry partner are among the anchor investors in Markd’s Fund 1, per the release, which also said InsurTech funding topped a record-high $10.5 billion last year.

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