Rainbow raises $12mn in seed funding from Arch Capital, others
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Rainbow raises $12mn in seed funding from Arch Capital, others

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Small business insurance MGU Rainbow has raised $12mn in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners and Arch Capital.

The company's flagship program, an admitted business owner's policy (BOP) product tailored to the restaurant industry and distributed through independent insurance agents and digital partners, is currently live in 8 states and expected to be available in over 25...

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