Key European InsurTech investment stats in Q1 2026:
- European InsurTech funding surged by 73% QoQ in Q1
- Funding is projected to grow by nearly 3x in 2026 as investors prioritise larger deals
- Artificial Labs, a provider of digital broking and underwriting technology for the specialty and commercial insurance markets, raised $45m in a Series B round, marking one of the biggest European InsurTech deals of the quarter
European InsurTech funding surged by 73% QoQ in Q1
European InsurTech recorded $380.5m in funding across 14 deals in Q1 2026, representing a 61% increase compared to the $235.6m raised across 12 deals in Q1 2025.
While the $519.6m raised across all 43 deals throughout the whole of 2025 remains the larger headline figure, Q1 2026 has already captured 73% of that full-year total within a single quarter.
Deal activity also edged higher, with Q1 2026 recording two more transactions than the equivalent quarter a year earlier.
Funding is projected to grow by nearly 3x in 2026 as investors prioritise larger deals
If the current quarterly pace were to continue across the remaining three quarters of 2026, the sector would be on course to raise $1.5bn across around 56 deals for the full year, which would represent a near-tripling of 2025’s full-year funding total.
The average deal value in Q1 2026 stood at $27.2m, a notable step up from the $19.6m recorded in Q1 2025 and well above the $12.1m average across all deals completed throughout 2025.
The sharp divergence between the full-year 2025 average and the most recent quarter points to a shift in investor behaviour, with capital increasingly being directed towards fewer but more substantial opportunities.
Rather than spreading commitments broadly, investors appear to be concentrating resources on businesses that can demonstrate clear scalability or competitive differentiation within the European InsurTech landscape.
Artificial Labs, a provider of digital broking and underwriting technology for the specialty and commercial insurance markets, raised $45m in a Series B round, marking one of the biggest European InsurTech deals of the quarter
The round was led by CommerzVentures, with participation from Move Capital Fund I and existing investors Augmentum Fintech, 6 Degrees Capital, FOM and TrueSight Ventures.
Founded in London, the company digitises complex placement and underwriting workflows, enabling brokers and carriers to optimise capacity deployment and scale more effectively across the specialty insurance value chain.
The raise will support a planned doubling of headcount over the next 12 months, an expansion into the US market in 2026 and continued consolidation of its leadership position in the London Market.
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