Funding Rounds

House of Insurtech said to raise $400,000 in seed funding

House of Insurtech, which has built a quote and buy and policy administration system, has reportedly raised $400,000 in its seed funding.

RV rental marketplace Outdoorsy banks $120m to boost expansion of its InsurTech arm Roamly

Global online RV rental and outdoor travel marketplace, Outdoorsy, raised $120m in equity and debt financing to drive its growth and expansion of its InsurTech business, Roamly.

InsurTech Redkik reels in fresh investment to transform marine cargo insurance

Global InsurTech with a mission to simplify the marine cargo insurance industry Redkik closed an investment round led by business angel Ilari Schouwvlieger, along with North Karelia Growth Fund managed by venture capital firm Redstone, and StartUp Fund Joensuu.

BimaPe said to close $545,000 in pre-seed funding

India-based InsurTech company BimaPe has reportedly netted $545,000 in its pre-seed funding round.

How payment companies struck gold among the 51 rounds raised last week

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

Partech backs InsurTech Hoggo in $11m Series A

Health and risk insurance firm Hoggo has raised $11m from a Series A round led by venture capital firm Partech.

Kovrr to team up with MAPFRE RE to support cyber risk management

Cyber risk modelling company Kovrr will deploy its technology into reinsurance firm MAPFRE RE, as part of a new deal.

CyberSmart scores $10m in its oversubscribed Series A round

Automated cybersecurity platform CyberSmart has scored $10m in its oversubscribed Series A funding round, which will help its global expansion efforts.

InsurTech Insurama bags $6m seed funding

Spanish insurance distribution business Insurama has secured $6m from a recent seed funding round.

Jaguar Land Rover backs ex-Apple exec-founded Caura in $4.2m round to develop in-car payments

UK-based vehicle management platform Caura secured $4.2m in seed funding to develop its application and integrate with in-car infotainment systems.

News Stories

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
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