Lemonade rival Jetty secures $11.5mn series A funding

New York renters' insurance start-up Jetty has secured
$11.5mn of funding in a series A round led by Peter Thiel's
Valar Ventures.
Original seed investors Ribbit Capital, SV Angel, BoxGroup and
Red Swan also took part in the round.
The company, which has balance sheet capacity from Munich Re and
writes on State National paper,launched in April after receiving in its first equity financing
round in 2016.
Jetty offers products including property and liability cover,
medical payments insurance and.