Grace raises €5.9 million seed to offer insurance to luxury goods

Grace, an insurance company for luxury goods, announced a $6.4 million (€5.9 million) seed round led by FinTechCollective and Speedinvest. 

Grace, an insurance company for luxury goods, works with luxury brands to protect purchased consumer goods. If an item is stolen or damaged, a consumer can create a claim through the Grace app. For the brand, the Grace app also provides fraud detection, claim processing, and logistic coordination. On Wednesday the company announced a $6.4 million (€5.9 million) seed round led by FinTechCollective and…