Kansas City-based Mylo, a digital insurance broker launched by Lockton Cos. Inc., raised $28 million in a Series A funding round led by Guggenheim Partners.
Despite the capital injection, Lockton remains the majority investor in Mylo, launched in 2015.
“This outside investment validates Mylo’s business strategy and will help support its success in disrupting the insurance marketplace,” Lockton Chairman David Lockton said in a release.
Mylo, short for “My Lockton,” represents one of…
Kansas City-based Mylo, a digital insurance broker launched by Lockton Cos. Inc., raised $28 million in a Series A funding round led by Guggenheim Partners.
Despite the capital injection, Lockton remains the majority investor in Mylo, launched in 2015.
“This outside investment validates Mylo’s business strategy and will help support its success in disrupting the insurance marketplace,” Lockton Chairman David Lockton said in a release.
Mylo, short for “My Lockton,” represents one of…