Toronto-based FindBob raises $1.6 million with Iowans’ help

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Toronto-based FindBob, which addresses the need for a succession plan in insurance and financial services, has finished a $1.6 million seed round led by Grinnell Mutual, BetaKit reported. Also participating were Ames Seed Capital and MaRS Investment Accelerator Fund, with follow-on investment from the Global Insurance Accelerator and Canadian and U.S. angel investors. The average age of the North American independent producer is 59 years old, with over $2.5 trillion in assets under management controlled by producers in their 60s.