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...
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 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...
Kin Insurance lands $335m bond to bolster US storm protection
Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.
The raise...
Corgi hits unicorn status after $160m Series B
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.
The round brings Corgi’s total funding to...
Wopta secures €5m to expand AI-led insurance model
Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m.
The...
Global InsurTech funding extends decline as investment falls 50% in April
Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m.
That represents a...
KKR leads $125m Series C into Reserv
Reserv, an AI-native third-party administrator (TPA) and software provider for the property and casualty (P&C) insurance market, has secured $125m in a Series C...
ViteSicure advances growth with €2.5m raise
ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing...
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