InsurTech Kin in talks with SPAC led by Shark Tank judge: Bloomberg
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InsurTech Kin in talks with SPAC led by Shark Tank judge: Bloomberg

Kin logo residential houses background.jpg

Kin Insurance, an InsurTech that has just finalized a $64mn series C investment round, is in talks to merge with a special purpose acquisition company (SPAC) led by Shark Tank judge Matt Higgins, Bloomberg has reported.

A deal would potentially value the start-up at more than $1bn, making Kin the latest InsurTech to pass the unicorn threshold.

The

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