LONDON (Reuters) - British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya's Social Capital, Flock said on Thursday.
Flock started out insuring commercial drones, and added car and van fleets last year. It provides so-called usage-based insurance, adjusting premiums according to real-time information such as weather conditions and distance travelled.
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