Coherent Raises $14 Million

Coherent is a Hong Kong based startup that helps insurance providers transition into the digital space. After recently raising $14 million in a Series A round, the company is looking to expand its client base in Asia as the pandemic has caused a large number of companies to enforce digital services. The company also offers three tools for working with customers. Coherent Connect is a social media marketing campaign manager; Coherent Explainer is a sales tool for breaking down quotes; and Coherent Flow allows agents to sell policies to customers remotely with features like video chat and electronic signatures.