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

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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