Area insurance startup raises $100 million

TAMPA — Insurtech firm Slide, with a platform that utilizes artificial intelligence  and machine learning for homeowners, has raised $100 million in a Series A funding round.

The Tampa-based company, which says it uses its “cutting-edge technology to hyper-personalize, optimize and streamline every part of the insurance process,” oversubscribed its capital raise, according to a statement. The funding, the release states, will allow Slide to “accelerate the development of its data-driven technology and operations.” Slide intends to make its debut in the homeowners and commercial residential insurance marketplace in 2022.