Grace Secures $6.4M Seed Round for Luxury Goods Insurance

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17 hours ago

Summary

Grace, a luxury goods insurance company, secures $6.4m seed round. The company provides fraud detection, claim processing, and logistic coordination for luxury brands. With this funding, Grace aims to scale across Europe and cover over 200,000 luxury items by the end of the year.

Key Points

Grace is an insurance company that specializes in luxury goods
The company has secured a $6.4 million seed round led by FinTech Collective and Speedinvest
With this funding, Grace aims to scale across Europe and cover over 200,000 luxury items by the end of the year

Why It Matters

This funding will allow Grace to expand its services and provide more comprehensive protection for luxury goods, making it easier for consumers to protect their purchases.

Author

Dominic-Madori Davis

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