Breeze

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Nebraska insurtech startup Breeze raises $10 million in record-setting Series A round

Omaha-based insurtech company Breeze announced yesterday that it had raised the largest first round of institutional capital ever invested in a Nebraska software startup.

The company’s $10 million Series A round will help advance its mission “to protect American families in their most financially vulnerable moments,” according to a press release issued yesterday.

The financing round was led by Link Ventures, a Boston-based fund that found Breeze through its proprietary sourcing algorithms. Additional investments came from Northwestern Mutual Future Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska.

Launched in 2020 by Colin Nabity and Cody Leach, Breeze has built an insurtech platform that makes it easier to apply for and underwrite supplemental insurance products such as income protection and critical illness insurance.
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“This record-breaking financing is the largest first round of institutional capital into a Nebraska-based software startup,” said Ben Williamson of Invest Nebraska. “What’s even more impressive is the quality of capital sourced from fintech, insurtech, and industry experts—it’s a massive vote of confidence that high-growth insurtech companies can succeed here in Nebraska.”

This startup is based in Omaha. Their office is on the Conagra campus downtown. This is big news for Omaha's startup community!