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

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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