Funding Rounds

Corporate spend management firms and celebrity-backed companies among the 42 FinTech rounds raised last...

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

InsurTech platform Arturo receives $25m in Series B funding

Arturo, which offers AI-powered insights and predictive analytics from aerial and satellite imagery, has collected $25m in its Series B funding round.

Wunderite lands $3m seed funding to provide software for insurance agents

Boston-based provider of data exchange for commercial insurance Wunderite secured a $3m seed funding round led by Spark Capital, which has also backed Affirm, Coinbase and Plaid.

Sigo raises $1.5m to support launch of auto insurance policy of Latinx community

Sigo, which helps underserved populations to access affordable auto insurance, has bagged $1.5m in its seed funding round.

Qover snares $25m Series B to accelerate global development

Brussels-headquartered InsurTech Qover has closed a $25m Series B funding round led by Prime Ventures.

InsurTech companies raised nearly $2.3bn in Q1 driven by large late-stage deals in United...

Companies in the sector completed 126 deals globally with six $100m+ transactions closed in the US The global InsurTech industry saw tremendous growth in...

The 34 FinTech rounds from the last week you can’t afford to miss

FinTech companies continue to blaze a trail with CyberTech and InsurTech enterprises in the lead. The 34 ventures in the sector that topped up their accounts last week prove that.

InsurTech Archipelago scoops up $34m in new funding

San Francisco-based AI-driven technology and data analytics company focused on commercial property risks Archipelago raised $34m in Series B funding.

Brella Insurance scores $15m Series A as it gears for US growth

US-based Brella Insurance has collected $15m in its Series A funding round, which was led by Brewer Lane Ventures.

Ornikar reels in $120m in Series C funding to expand its insurance offering

Paris-based online driver training and road awareness platform Ornikar raised $120m in led by KKR in an effort to scale up its car insurance product.

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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