Car insurance startup Clearcover drives off with Series C

Clearcover, a car insurance provider, has raised US$50 million in Series C funding.

Clearcover, a car insurance provider, has raised US$50 million in Series C funding. OMERS Ventures led the round with participation from American Family Ventures, Cox Enterprises and IA Capital Group. In conjunction with the funding, Michael Yang, a managing partner at OMERS Ventures, will join Clearcover’s board.

Source: Press Release