CoverHound Closes Series A Round, Bringing Total Amount to $6.5 Million Led by RRE Ventures

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CoverHound Closes Series A Round, Bringing Total Amount to $6.5 Million Led by RRE Ventures Powered By Docstoc
					
				
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posted:2/12/2013
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Description: SAN FRANCISCO--(BUSINESS WIRE)--CoverHound, an insurance startup that is redefining how people shop for and manage their insurance, today announced that it has raised a $4.5 million Series A round of funding. The new round, led by RRE Ventures with additional participation from Bullpen Capital and existing investor Blumberg Capital, brings the company’s total funding to date to $6.5 million. “Insurance is a massive industry that’s seen far too little innovation and is still terribly inefficient.
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