{"id":830571,"date":"2022-10-28T19:00:20","date_gmt":"2022-10-28T17:00:20","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/kin-secures-145-million-in-debt-financing-to-fuel-continued-growth\/"},"modified":"2022-10-28T19:00:20","modified_gmt":"2022-10-28T17:00:20","slug":"kin-secures-145-million-in-debt-financing-to-fuel-continued-growth","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/kin-secures-145-million-in-debt-financing-to-fuel-continued-growth\/","title":{"rendered":"Kin Secures $145 Million in Debt Financing to Fuel Continued Growth"},"content":{"rendered":"CHICAGO--(BUSINESS WIRE)--Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility. The new facility, which was led by Runway Growth Capital LLC (\u201cRunway\u201d) and the Avenue Venture Opportunities Fund, L.P. (\"Avenue Venture Debt Fund\" or \"Avenue\"), provides Kin with additional capital to support the expansion of the Kin Interinsurance Network, a reciprocal exchange.\n\n\n\nRunway and Avenue were joined by Aquarian Investments, Group 1001, funds managed by Hudson Structured Capital Management, and Skyline Capital on the facility, of which a total of $100 million was funded at close. The remaining funds will be available to Kin in two tranches as the co<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>CHICAGO&#8211;(BUSINESS WIRE)&#8211;Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility. The new facility, which was led by Runway Growth Capital LLC (\u201cRunway\u201d) and the Avenue Venture Opportunities Fund, L.P. (&#8220;Avenue Venture Debt Fund&#8221; or &#8220;Avenue&#8221;), provides Kin with additional capital to support [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-830571","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kin Secures $145 Million in Debt Financing to Fuel Continued Growth - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/kin-secures-145-million-in-debt-financing-to-fuel-continued-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kin Secures $145 Million in Debt Financing to Fuel Continued Growth - BeBeez\" \/>\n<meta property=\"og:description\" content=\"CHICAGO--(BUSINESS WIRE)--Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility. 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