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Grace raises €5.9M seed to offer insurance to luxury goods
Grace, an insurance company for luxury goods, announced a $6.4 million (€5.9 million) seed round led by FinTechCollective and Speedinvest. Grace, an
“There was clearly a massive gap between the service levels luxury brands promise and what happens post-purchase when something goes wrong,” Dana said. Roy said that Grace doesn’t compete with just one company as it stands at the intersection of embedded insurance, luxury services, and post-purchase protection. Dana said the fresh capital would be used to help the company scale across Europe and hire more people in product engineering.
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