REIN Technologies has filed a notice of an exempt offering of securities to raise $4,500,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, REIN Technologies is raising up to $4,500,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Jack Griswold played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About REIN Technologies
In 2015, Steve and Jason learned that insuring a small commercial drone could be more complex than insuring a manned aircraft. They set out to solve this problem by creating an insurtech platform that makes it easy for global brands and insurance carriers to create data-powered insurance programs for emerging risk products, like drones. REIN teamed up with Liberty Mutual to launch DroneInsurance.com in 2017. Two years later, REIN has expanded its solution to more verticals, starting with a first-of-its-kind commercial auto insurance program with Volvo. REIN’s story may have started with drones, but our team of technology and insurance operators are working tirelessly to bring our solution to new heights and across all data-intensive industries.
To learn more about REIN Technologies, visit http://www.rein.ai/
Contact:
Jack Griswold, Chief Executive Officer
800-947-9564
SOURCE: http://www.intelligence360.io
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