Funding Rounds

Prosus backs Alan’s €480m Series G at €5.5bn valuation

Alan, a prevention insurance platform serving over 1.1 million members, has secured a €480m ($550m) Series G financing round, valuing the business at €5.5bn...

Matic secures Primus Capital investment and Policygenius deal

Matic, an embedded insurance platform, has secured a minority investment from private equity firm Primus Capital and completed the acquisition of Policygenius' property and...

Mitigata raises $15m Series B for AI cyber resilience

Mitigata, India's first AI-native cyber resilience platform, has closed a $15m Series B funding round to accelerate its ambition of building the country's largest...

Honeycomb Insurance raises $40m in new funding round

Honeycomb Insurance, a Chicago-based digital insurer specialising in apartment buildings and condo associations, has closed a $40m funding round, bringing its total capital raised...
Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

AI InsurTech Honeycomb secures $40m to fuel expansion

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic automation platform across global insurance markets.

Pace raises $46m Series B to scale AI insurance operations

Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic...
Pace raises $46m Series B to scale AI insurance agents

Pace raises $46m Series B to scale AI insurance agents

Pace, an AI operations partner for insurers, has closed a $46m Series B funding round co-led by Thrive Capital and Sequoia Capital, with additional...

Benefitbay raises $18m Series A to scale ICHRA platform

Benefitbay, a leading Individual Coverage Health Reimbursement Arrangement (ICHRA) platform serving brokerages, employers and employees across the US, has reportedly closed an $18m Series...
Novella, an AI-powered wholesale insurance broker, has raised $21m to expand its brokerage operations across the US, hire additional producers and continue developing its proprietary AI platform.

InsurTech wholesaler Novella bags $21m in funding

Novella, an AI-powered wholesale insurance broker, has raised $21m to expand its brokerage operations across the US, hire additional producers and continue developing its...
Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by Permanent Capital Ventures.

Outmarket AI lands $17m to expand insurance platform

Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by...

News Stories

Sixfold study finds underwriters optimistic about AI

Sixfold study finds underwriters optimistic about AI

Sixfold, an AI underwriting company working with global insurers, has published new research revealing that AI is fuelling widespread optimism among underwriting professionals rather...
KYND launches cyber risk analytics platform for insurers

KYND launches cyber risk analytics platform for insurers

KYND, a cyber risk intelligence provider, has launched Portfolio Analytics, a platform designed to help cyber insurers gain visibility into portfolio-wide exposures and track...
Palantir new deal brings AI deeper into Mexico’s insurance market

Palantir new deal brings AI deeper into Mexico’s insurance market

Palantir Technologies, an AI software provider, has expanded its partnership with GNP Seguros, Mexico’s largest insurer, as the carrier increases its use of artificial...

USAA expands Zinnia deal amid annuity market highs

Zinnia, a life and annuity technology firm, is deepening its work with insurance carriers, including an expanded agreement with USAA, as demand for annuities...
Fleet maintenance faces AI shake-up as Targa launches new tool

Fleet maintenance faces AI shake-up as Targa launches new tool

Targa Telematics, an AIoT and connected mobility technology provider, has launched an agentic AI-powered maintenance platform designed to automate fleet operations and improve vehicle...
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