Key European InsurTech investment stats in Q1 – Q3 2025:
- European InsurTech funding declined by 38% YoY
- WUK emerged as the main European InsurTech hub as companies secured four of the top 10 deals
- Quantexa, a global AI, data and analytics software company pioneering Decision Intelligence solutions, topped the list of largest European InsurTech deals of the first three quarters with a $175m Series F funding round
European InsurTech funding declined by 38% YoY
Across the first three quarters of 2025, the European InsurTech sector secured $479.9m from 36 deals, representing a substantial decline in both funding and activity compared with the same period in 2024.
Funding fell by 38% from the $772.1m raised in the first three quarters of 2024, while deal volume dropped by 25%, decreasing from 48 to 36 transactions.
This contraction indicates a tightening investment environment, likely driven by cautious capital deployment and ongoing macroeconomic pressures.
The sharper slowdown in funding relative to deal count suggests that investors have become more selective regarding larger rounds, resulting in fewer big-ticket investments shaping the market.
UK emerged as the main European InsurTech hub as companies secured four of the top 10 deals
The distribution of top 10 deals also highlights meaningful shifts in the regional InsurTech landscape.
In the first three quarters of 2025, the UK led with four top deals, followed by France and Germany with two each, while the Netherlands and Ireland each secured one.
This reflects a more balanced spread than in the previous year, when France dominated with five top deals, ahead of the United Kingdom with two, the Netherlands with two, and Germany with one.
The reduced dominance of France and the strengthened presence of the UK in 2025 suggest evolving competitive dynamics, with investment momentum dispersing more evenly across Europe’s leading InsurTech hubs.
Quantexa, a global AI, data and analytics software company pioneering Decision Intelligence solutions, topped the list of largest European InsurTech deals of the first three quarters with a $175m Series F funding round
The round was led by Teachers’ Venture Growth, part of the Ontario Teachers’ Pension Plan.
The investment valued the UK-based company at $2.6bn and will support its ongoing platform innovation, strategic expansion into North America, and pursuit of targeted acquisitions.
With a Decision Intelligence platform designed to unify siloed data and enhance operational decision-making across sectors such as financial crime, risk, fraud, and KYC, Quantexa has seen rapid growth, adding 23 new customers in 2024 and achieving nearly 40% licence revenue growth.
The funding will also accelerate partnerships, including its AI-powered offerings through Microsoft Fabric and Azure Marketplace, while enabling deeper public sector engagement as the company expands its footprint of 16 offices and more than 800 employees globally.
