Cyber InsurTech Baobab secures €12m to expand in Europe
Cyber insurance startup Baobab, a Germany-based InsurTech firm specialising in AI-driven cyber protection, has raised €12m in a Series A funding round aimed at expanding its operations across Europe.
bolttech secures $147m Series C and hits $2.1bn valuation
Global InsurTech bolttech has successfully closed its Series C funding round, raising $147m and securing a post-money valuation of $2.1bn.
Bereavement support FinTech Empathy lands $72m to expand AI-driven LifeVault platform
Empathy, a technology company redefining how individuals cope with grief and manage end-of-life logistics, has raised $72m in a Series C funding round to further scale its compassionate support platform.
Kota raises $14.5m to expand embedded insurance benefits platform
Kota, an Irish InsurTech firm transforming how businesses deliver employee benefits, has secured $14.5m in Series A funding.
Bain Capital backs $2.1bn raise for FinTech leader Acrisure
Acrisure, the global FinTech firm offering AI-driven financial services, has secured $2.1bn through a new capital raise backed by several major investors, bolstering its plans to grow internationally and enhance its platform.
Health insurance automation firm HOOTL lands new Middle East investment to accelerate UAE expansion
RIIG – HOOTL, a provider of AI-powered cybersecurity and health tech solutions, has raised a new round of funding from investors in the United Arab Emirates, marking a key milestone in the company’s international expansion.
Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan Stanley
Tinubu, a leading provider of cloud-based enterprise software for the specialty insurance industry, has raised $45m in growth capital to fuel its product innovation and global expansion.
InsurTech giant HUB International lands $1.6bn funding to hit $29bn valuation
HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.
Bestow lands $120m Series D to transform life insurance tech
Bestow, a US-based InsurTech company that provides end-to-end software solutions for life insurers, has raised $120m in an oversubscribed Series D funding round.
EQT Ventures backs MarvelX with $6m to automate insurance workflows
Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.
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