Bank / Credit Union

Slide Insurance raises $35M to build credit facility with Regions Bank

July 11, 2023

Slide Insurance, an insurtech company, has raised $35 million to build a senior credit facility with Regions Bank in Tampa, Florida, according to a press release.

"Securing the capital structure to support our technology development and growth has been a key focus since our inception," Bruce Lucas, founder and CEO, Slide, said in the release. "Our start-up year has been exceptional. We appreciate the opportunity to collaborate with Regions Bank on our inaugural credit facility that enhances our financial position and growth objectives."