Censio Obtains $10,000,000 Series A Round

  • Feed Type
  • Date
    10/7/2015
  • Company Name
    Censio
  • Mailing Address
    114 Western Ave. Allston, MA 02134 USA
  • Company Description
    Censio was founded in 2012 by a group of engineers & entrepreneurs passionate about making driving safer and more affordable. When we looked closer, the stats were staggering – the vast majority of safe drivers end up subsidizing the handful of risky and expensive drivers.
  • Website
    http://www.cens.io
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funding will enable Censio to continue developing its leading Usage Based Insurance (UBI) applications and services for the world’s largest insurance carriers in the U.S. and in Europe.
  • M&A Terms
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Bain Capital Ventures
  • Venture Investor
    Lakestar