Kin, a digital insurer specialising in homeowners' insurance, has secured $50m in an “oversubscribed” Series E round, achieving a pre-money valuation of $2bn. The round was led by QED Investors and Activate Capital. The contribution of both new and existing investors has brought Kin's total equity funding to $286m, almost doubling the company's valuation since the last round. In addition, Kin secured a $200m debt facility, of which $145m has been allocated to repay previous debts. Wellington Management ...