Key US InsurTech investment stats in H1 2026:
- US InsurTech investments surged 90% YoY
- Trend analysis shows a projected 46% growth in funding for 2026 driven by increase in larger deals
- Gyde, an AI-native brokerage platform designed to help brokers guide clients through insurance, health and wealth decisions, raised $60m in a funding round, marking one of the biggest US InsurTech deals of the first half of the year
US InsurTech investments surged 90% YoY
US InsurTech companies raised $1.7bn across 52 deals in H1 2026, a 90% increase in funding compared to the $870.9m recorded in H1 2025, even as deal count edged down by 4% from 54 transactions over the same period.
The combination of sharply higher capital and a marginally lower number of deals pushed the average deal size up 97% to $31.9m from $16.1m in H1 2025, and well above the $19.9m average recorded across 2025.
That shift points to a market in which investors are writing larger cheques into a similarly sized pool of companies.
Set against 2025’s total of $2.3bn across 114 deals, H1 2026 already accounts for 73% of last year’s funding from just 46% of its deal volume.
Trend analysis shows a projected 46% growth in funding for 2026 driven by increase in larger deals
Should the investment pace from H1 continue, 2026 would close with 104 deals and $3.3bn in total funding, representing an 9% decline in deal volume but a 47% increase in capital raised compared to 2025.
The funding breakdown reveals just how much of H1 2026’s growth was driven by larger transactions.
Deals of $100m or more raised $989m in H1 2026, nearly ten times the $100m generated by equivalent deals in H1 2025, and their share of total half-year funding surged from 11% to 60%.
Across 2025, larger transactions contributed $764m, or 34% of annual funding, itself a figure that now looks modest against H1 2026’s pace.
Smaller deals, meanwhile, raised $667.7m in H1 2026, a 13% decrease from the $770.9m recorded in H1 2025, with their share of total funding falling sharply from 89% to 40%.
The reversal in the relative weight of the two segments is striking.
In H1 2025, sub-$100m deals accounted for nearly nine in every ten dollars raised. In H1 2026, it is larger transactions that dominate, signalling a pronounced shift in where US InsurTech capital is being concentrated.
Gyde, an AI-native brokerage platform designed to help brokers guide clients through insurance, health and wealth decisions, raised $60m in a funding round, marking one of the biggest US InsurTech deals of the first half of the year
The round was led by Lightspeed, with participation from Optum Ventures, Crystal Venture Partners, Virtue, MVP Ventures and a number of endowment funds.
The company targets a structural gap in the insurance brokerage industry, where brokers have historically been constrained by outdated tools and fragmented systems across the Medicare Advantage, Employee Benefits and Individual markets.
At the core of its offering are GydeOS, its broker-facing operating system, and Gia, an intelligent assistant, which together automate administrative tasks while freeing brokers to focus on higher-value client advisory work.
Proceeds will be used to accelerate platform development and expand its partner cohort across the insurance market.
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