Friday, 24 March, 2023

Insurtech startup Policygenius cuts staff by 25% within 3 months of raising $125M

<p>Policygenius, an insurtech firm, &nbsp;according to reports has cut off nearly a quarter of its workforce. According to several sources, the number of employees affected is estimated to be about 170. In less than three months, Policygenius secured $125 &nbsp;in a Series E investment. &nbsp; Policygenius, since its inception, has raised over $250 M from investors such as KKR, Norwest Venture Partners, and others.</p>