Matrix Partners Leads $15M Series A Round In Chinese Insurance Start-up IFR

Shanghai-based insurance start-up Ins For Renascence (IFR) has raised a series round worth of around RMB100 million (US$14.5 million) led by Matrix Partners, according to Matrix Partners’ announcement on its official WeChat account.  Founded in 2017, IFR specializes in pre-insurance risk control and product customization in the field of personal insurance. Based on big data, machine learning, and cloud computing, it mines multi-dimensional data such as consumption behaviors, data on customers’ medical care, finance, travel and fraud, and provides solutions for …

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