About 7 years ago, early insurtech companies promised to disrupt the insurance industry with new tech, but today, most of those companies have either been acquired or are floundering in the public markets.
The Carevoice... raised $10 million from a Series B financing led by U.K.-based Apis Insurtech Fund I, which contributed to most of the round.
...one of its investors became 'valuation sensitive' and greatly reduced the startup's revenue multiple.
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