Openly Inc. announced that it has received $39.999984 million in funding from Advance Venture Partners, LLC, Gradient Ventures, Obvious Ventures, L.P., Greenlight Capital Re, Ltd., PJC
December 16, 2020
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On December 17, 2020, Openly Inc. closed the transaction. The transaction led by new investor Advance Venture Partners, LLC . The transaction included participation from 5 investors including existing investors Gradient Ventures, Obvious Ventures, L.P., Greenlight Capital Re, Ltd. (NasdaqGS:GLRE) and PJC.
Greenlight Capital Re, Ltd. provides multiline property and casualty insurance and reinsurance through its licensed and regulated reinsurance entities in the Cayman Islands and Ireland, and its Lloyd's platform, Greenlight Innovation Syndicate 3456. Its property business covers personal lines, commercial lines exposures and automobile physical damage. The property business includes both catastrophe and non-catastrophe coverage. Its casualty business covers general liability, motor liability, professional liability, and workers compensation exposures. The Company's multi-line business includes the Funds at Lloyd's business. Its other business covers accident and health, financial (including transactional liability, mortgage insurance, surety, and trade credit), marine, energy, as well as other specialty business, such as aviation, crop, cyber, political, and terrorism exposures. Its subsidiaries include Greenlight Reinsurance, Ltd., Greenlight Re Marketing (UK) Limited, and others.
Openly Inc. announced that it has received $39.999984 million in funding from Advance Venture Partners, LLC, Gradient Ventures, Obvious Ventures, L.P., Greenlight Capital Re, Ltd., PJC