Funding Rounds

AgentSync secures $6.7m seed extension

InsurTech AgentSync has secured $6.7m in a new funding round led by Craft Ventures.

Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

Hippo snaps up another $350m as the InsurTech industry seems to be reaching new...

Hippo is having a great 2020, having officially secured its unicorn status this summer and it now bagging a $350m investment just as the InsurTech industry seems to be recovering from a previous slump.

InsurTech100 company Novidea secures $15m Series B

Insurance software developer Novidea has closes its Series B round on $15m, as it looks to capitalise on its strong growth.

Sofia said to close $19m Series A round led by Index Ventures

Sofia, a telemedicine and insurance startup, has reportedly received $19m in its Series A investment round.

Healthy lifestyle reward platform Paceline scores $5m in its seed round

Paceline, which offers financial benefits for health living, has scored $5m in its seed round, which was co-led by Montage Ventures and Propel Venture Partners.

Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

Property insurance underwriting platform Flyreel soars to $10m Series A close

Flyreel, an AI-powered residential and commercial property insurance service, has closed its Series A round on $10m.

InsurTech platform HOVER scores $60m in its Series D

HOVER, an end-to-end platform for improvement and property insurance professionals, has closed its Series D on $60m.

InsurTech100 company Bdeo nets €5m in its funding round

Spanish InsurTech startup Bdeo, which utilises visual intelligence to insurance claims, has received €5m in its latest funding 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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