Funding Rounds

The 26 FinTech deals of last week show the unicorns are on the rise

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

FOXO Technologies closes funding to help it build insurance that helps keep you alive

FOXO Technologies, which leverages AI-driven bioinformatics and microarray technologies for the life science space, has closed a $10m investment round.

Sikich acquires Process Stream to expand its product suite

Sikich, which designs a range of tools for financial services, has acquired Process Stream to expand its product suite.

Pandemic fuels $13.4bn in InsurTech investment since 2020 as the insurance industry is being...

Funding in 2021 is on pace for a new record driven by large deals over $50m

InsurTech Fenris Digital hauls in $2.7m to streamline insurance process

InsurTech firm Fenris Digital raised $2.7m in a funding round led by IDEA Fund Partners.

Proximity Space launches insurance brokerage for coworking spaces

Proximity Space, a workspace management software company, has launched a new insurance brokerage to cover coworking and flex space operators.

The 22 FinTech rounds from the last week you must know about

After the Easter long weekend, 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.

Urban Jungle bags £8m as it looks to double its team

UK-based InsurTech Urban Jungle has reportedly closed its largest funding round as it looks to double its headcount.

Next Insurance doubles its valuation to $4bn after fresh investment

InsurTech unicorn Next Insurance has doubled its valuation to $4bn, following the close of a new $250m investment round.

Cyber risk management and insurance platform Trava scores $3.5m seed round

Trava, an integrated cyber risk management and insurance platform, has netted $3.5m in its seed round.

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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