Talem Health Analytics, which makes software for auto insurers, has closed a $2.3 million equity funding round led by Build Ventures, which will allow the Sydney-based company to extend its reach in the insurance industry.
The company issued a statement announcing the round on Thursday, adding that investors in the round included Halifax-based Innovacorp, the HOLT Accelerator in Montreal, and new and existing angel investors.
“We see the Talem platform as a positive disruptor for the auto insurance sector,” Rob Barbara, General Partner at Build Ventures, said in a statement. “This