Funding Rounds

How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.

ELEMENT bags €16m in funding after strong 2021 start

Digital insurance solution provider ELEMENT has raised €16m in funding after a strong start to 2021.

Odie Pet Insurance collects $3m in funding to support technology development

Odie Pet Insurance has raised more than $3m in a funding round, which will help it bolster its technology.

One Concern extends partnership with SOMPO Holdings with fresh investment

One Concern has received a $45m strategic investment from Japanese insurance firm SOMPO Holdings, kicking its partnership into the next stage.

Bought By Many raises Series D at $2bn pre-money valuation

UK-based pet insurance company Bought By Many has closed its Series D on $350m, putting its pre-money valuation at $2bn. The capital was supplied by...

Anorak bags £5m in funding round support the growth of its network.

Automated life insurance advice platform Anorak has bagged £5m to support its ambition to become the most innovative life-focused InsurTech in Europe.

HealthyHealth collects $10m Series A to support product launch

HealthyHealth Group, which claims to transform the life and health insurance underwriting journey, has collected $10m in its Series A funding round.

Robinhood, Stripe, Wise, Nubank execs among others back InsurTech Justos in seed round

Brazilian auto insurance startup Justos raised $2.8m in a seed round led by one of the largest VC firms in Latin America Kaszek along with a slew of experienced angel investors including CEOs of seven unicorns.

MotoRefi secures Goldman Sachs backing in $45m Series B

US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.

Cloud-based InsurTech Novidea adds $15m to its recently closed Series B round

Cloud-based solutions provider for the insurance industry Novidea increased its Series B funding by $15m, adding to $15m raised just six months ago.

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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