Gabi Raises $27M in Series B Funding

Gabi, a San Francisco-based home and auto insurance company, raised $27m in Series B funding. The round was led by Mubadala Capital with participation from Canvas Ventures, Northwestern Mutual Future Ventures, Correlation Ventures, Securian Ventures, A.Capital Ventures, Project A, CMFG Ventures, Burst Capital, and AngelList. The company intends to use the funds to continue to expand its business reach.