Beam raises $80M as the dental insurer looks to keep up rapid historical growth â€“ TechCrunch
Both are new investors in Beam.
Prior investors Drive Capital and Georgian Partners also put capital into the funding event.
The investment comes after rapid growth at the company, a common theme amongst neo-insurance providers.
The startup cohort often leans on digital information collection to better information on consumer behavior.
Once the neo-insurers have enough data to prove their underwriting models, they can rapidly scale their businesses, something investors covet.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
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