Posted in News & Updates, on 09/17/2015
We Closed a $6.5M Financing and Added Facebook’s Dir. of Analytics to our Board
Today, I’m happy to announce that we closed a $6.5 M financing round and added two new Board Members: Ken Rudin, Director of Analytics at Facebook and Sean Park, founder of Anthemis Group – the global VC firm that led the round. See official media release here. The new capital will help us continue our expansion into new geographies while accelerating the development of our products, eventually leading to a whole new way to insure.
Ken Rudin, Director of Analytics at Facebook
“By connecting people to the information about their things and surfacing valuable ways for them to use that data, I think Trov is going to become a ‘must-have’ lifestyle app,” said Ken Rudin. “I’m genuinely excited to help them grow.”
On his new position on Trov’s Board of Directors, Sean Park - Founder and Chairman of Anthemis Group said, “Trov is a tremendous addition to our global portfolio of disruptive, digitally-native financial service companies.” In regards to Trov’s future expansion in the insurance industry, Park said, “We believe Trov’s impact in the insurance sector will be significant, driving fundamentally new business models and underwriting approaches based on contextually rich data about personal possessions.”
The entire team at Trov is excited to welcome these two experienced tech leaders to our Board. We know that they will help us to advance our product and make Trov an essential platform around the world. Stay tuned for more exciting announcements over the next few weeks – we have some great new developments on the way!