Hi Marley said to raise $8m in new round

Insurance chatbot Hi Marley has reportedly secured $8m in a new funding round, according to a new US Securities and Exchange filing,

Hi Marley has received the capital from nine individual investors, the document claims. It is unclear whether the firm is raising more funds for the round.

The InsurTech previously secured $8.7m in its Series A round back in June last year. The round was supported by True Ventures and Underscore VC.

Boston-based Hi Marley offers an AI-powered conversation platform designed to help insurance firms communicate with customers and other partners. The platform streamlines communication around claims, underwriting and service interactions to help boost retention and lifetime value while lowering costs.

The API has been designed to easily integrate with other insurance firms and combines intelligent messaging with a human touch to improve customer experience. The solution can be leveraged for auto, home and business insurance.

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