Funding Rounds

Indico secures $22m in its Series B round as it looks to bolster its...

Intelligent process automation company Indico has secured $22m in its Series B as it looks to broaden its footprint in industry.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

NOW Insurance scores $1.25m in its seed extension round

NOW Insurance, an AI-powered platform that matches small business owners with affordable insurance, has scored $1.25m in its seed extension round.

Salty Dot comes out of stealth after $16m funding round

Embedded insurance technology company Salty Dot has launched out of stealth mode, alongside the close of a $16m funding round.

Cyber insurance startup At-Bay secures $34m in its Series C round

Cyber insurance company At-Bay has raised $34m in its Series C round, which brings its total equity raised during 2020 to $74m.

battleface scores $12m in its second fundraise of 2020

Specialty travel insurance provider battleface has netted $12m in its Series A funding round, which was supplied by US-based venture firm Drive Capital.

iptiQ leads Getsafe’s $30m Series B funding round

InsurTech startup Getsafe has secured $30m in funding through a Series B round led by Swiss Re’s digital platform iptiQ.

Luko secures €50m Series B round

French InsurTech startup Luko has closed a €50m Series B funding round led by EQT Ventures to scale its insurance solutions backed by social responsibility efforts.

What do these 28 FinTech rounds from last week reveal about the industry

Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.

Artivatic.ai picks up investment from Scale Ventures and IAN

India-based InsurTech startup Artivatic.ai has raised what it refers to as a bridge funding round led by Scale Ventures and existing investor IAN.

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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