# Korr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/korr

- Industry: Software
- Headquarters: New York, US
- Website: www.korr.co
- Total disclosed funding: $3.2M
- Latest round: Seed (Jan 11, 2024)
- Investors on record: 3

## About

Based in New York, US, and founded in 2021 by Kylie Ritchie, Gregory Ritchie (CEO), and Kimberly McClinch, Korr Technologies NYC, LLC is a developer of a cloud-native core operating system intended to improve customer experience and reduce operational expenditure. In January 2024, Korr raised USD 3.2 million in seed funding led by Motive Ventures, with participation from World Innovation Lab (WiL) and Plug and Play Ventures.

Korr is a creator of an insurance management platform developed a mechanism for designing and managing insurance products. The company takes a cloud-native, API-first strategy to managing data processing, risk management, and customer relations. This saves time for clients and allows them to execute jobs more efficiently. Furthermore, the company's platform automates insurance processing, risk management, and customer relations.  

The company plans to use the January 2024 funding to further develop its product and support expansion.

## Funding rounds

- Seed, Jan 11, 2024, $3.2M — Plug and Play, World Innovation Lab, Motive Partners

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- World Innovation Lab — Seed
- Motive Partners (https://capitalatlas.ai/funds/motive-partners) — Seed