The Funded: An insurance startup raised $15.6M on what’s become a typically slow Monday


The Bay Area funding scene seems to have settled into a regular rhythm of late of famine then feast.

For the last month or so, Mondays have typically seen few funding announcements. But then the region's startups have usually announced a flurry of deals in the following days. Then the next Monday, pattern repeats.

The last week is a case in point. Last Monday, just one local company announced a new funding round. But five companies announced rounds at midweek and six at the end of the week.

Now,…

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