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Stradling

InsurTech’s Avinew Raises $5M in Seed Funding with Stradling’s Assistance

Daily Journal Dealmakers
February 2019

Stradling advised Avinew, the InsurTech company focused on insurance for self-driving cars and similar vehicles, in raising $5 million in seed funding. The deal was announced Jan. 30.

Ryan B. Azlein, a Stradling shareholder in Santa Monica, led the firm’s team. He received support from associate Evan H. McCormick of the same office.

The investment was led by Crosscut, with participation from American Family VenturesDraper Frontier and RPM Ventures.