Comulate company had previously only raised $5 million from investors that included Spark Capital. It’s not disclosing valuation.
Jordan Katz, the CEO who co-founded the company with CTO Michael Mattheakis, said in an interview that the pair did not set out to build a startup targeting the insurance industry.
Initially, the two — who respectively worked at Asana and Brex — wanted to build tools for people like themselves. “SaaS for SaaS,” said Katz. There was one small problem, however.