Morrison Foerster advised Foxen Holdings on its $44 million Series A financing.
Foxen is a developer of proprietary technology designed to provide mutually beneficial financial services for the advancement of property owners, managers and their residents. The company's platform offers risk management software, insurance verification and monitoring services which collectively enable successful management of renters insurance requirements at properties and streamlining of product offerings. The funding round was led by growth equity investor Summit Partners, with participation from Level Equity.
The MoFo team included San Francisco attorney Michael Glaser, and San Diego attorneys Jim Krenn, Andrew Dixon, Patrick Boyle, and Brooke Maker.