Kin secures $145mn credit facility to expand its reciprocal
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Kin secures $145mn credit facility to expand its reciprocal

Farhin Lilywala
October 28, 2022
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InsurTech Kin has closed on a $145mn credit facility, led by Runway Growth Capital and the Avenue Venture Opportunities Fund, to support the expansion of its reciprocal exchange, the Kin Interinsurance Network.

Runway and Avenue were joined by Aquarian Investments, Group 1001, Skyline Capital, and funds managed by Hudson Structured Capital Management.

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Farhin Lilywala
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