Insureon Receives $31M in Funding

Insureon, an online provider of small business insurance, including workers’ compensation coverage, will receive $31 million in new funding led by Oak HC/FT, the company announced on Tuesday. Also participating in the round was Accretive, a private investment firm specializing in technology companies, which led the company’s previous rounds of financing. The funding will allow Insureon to continue its technology development and increase sales and marketing to small businesses. The Chicago-based company’s technology and online marketplace platform allows small business...