INSUBCONTINENT EXCLUSIVE:
With roughly one million customers across Brazil and a new round of financing, the mobile phone insurance provider Pitzi now finds itself
with a $100 million valuation.The size of its latest round, which was led by QED Investors and included commitments from existing investors
like Thrive Capital and Valiant Partners, was undisclosed.PItzi acts as a reseller for insurance companies to offer products around mobile
phone insurance across Brazil
Thrive, Kaszek Ventures, Flybridge and DCM
Hatkoff, founder and CEO of Pitzi, in a statement.The investment by QED Investors puts Pitzi in some pretty good company when it comes to
Latin American financial technology startups
lender, Creditas; the business lender, Konfio; and the rental financing company Quinto Andar.As a result of the investment, Bill Cilluffo, a
according to a statement.For Hatkoff, the cell phone is a window into other products and services in the insurance industry thanks to the