Funding Rounds

Kin Insurance said to collect $63.9m in funding

Home insurance platform Kin Insurance has reportedly collected $63.9m in its Series C round, which was raised to support global expansion efforts.

Jay-Z’s Roc Nation supports the $200m Series D of InsurTech unicorn Ethos

Ethos, which provides easy access to life insurance, has hit a $2bn valuation after the close of its $200m Series D funding round.

Why Wealthsimple and CyberTech success stories stood out among the 25 FinTech rounds raised...

CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.

AI chatbot developer Ada joins the unicorn club after Series C close

Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.

UNest teams up with Haven Life to offer rewards to customers

UNest, an investment platform aimed at parents, has formed a partnership with customer-centric life insurance agency Haven Life,

AI-driven fraud protection company for InsurTechs Shift Technology earns the horn after $220m round

SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry Shift Technology closed a $220m fundraising bringing its valuation to over $1bn.

Andreessen Horowitz leads Headway’s $70m Series B to help therapists accept insurance

Mental health startup Headway banked $70m in Series B funding led by Andreessen Horowitz in a bid to make mental healthcare more accessible and affordable.

InsurTech Sprout.ai lands £8m to speed up insurance claims process

London-based AI-driven InsurTech Sprout.ai bagged £8m in Series A funding led by Octopus Ventures.

Relay Platform said to close $5.2m in seed funding

Relay Platform, which helps brokers and underwriters place insurance and reinsurance quicker, has reportedly collected $5.2m in seed funding.

Kenyan InsurTech Lami secures $1.8m to scale its API platform across Africa

Nairobi-based InsurTech Lami Technologies secured $1.8m in a seed funding round led by Accion Venture Lab.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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