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Trov Collects Venture Capital Investment

Wednesday, April 27, 2016 5:40:00 AM PDT | VentureDeal



Danville, California  --  Internet technology company Trov has received $25.5 million in its third round of institutional venture capital financing.

Trov has created a service that enables people to receive on-demand insurance for their possessions.

Oak HC/FT led the round, which also included previous investor Anthemis Group and other investors.

The company said it would use the funding proceeds to launch its service in Australia, followed by the United States.

Company CEO Scott Walchek founded the firm in 2012.

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