30M

R&Q to Promote Stake in Obra Joint Enterprise for $30M, Expects “Vital Pre-Tax Loss” – Model Slux

by

R&Q Insurance coverage Holdings, (R&Q) the Bermuda-based non-life speciality insurer that focuses on program administration and legacy insurance coverage enterprise, introduced it has agreed to promote its stake in a three way partnership with Obra Capital for $30 million. On the identical time, R&Q revealed it anticipates “a major pre-tax loss” for 2023, which it … Read more

Clerk, the authentication startup, lands $30M and inks a strategic take care of Stripe – Model Slux

by

Clerk, a startup creating a set of embeddable UIs, APIs and admin dashboards that app builders can use to authenticate and handle customers, has raised $30 million in a Collection B spherical led by CRV with participation from Stripe, Andreessen Horowitz and Madrona. The proceeds carry Clerk’s whole raised to $55.5 million, and co-founder and … Read more

x