Funding Rounds

ProNavigator capitalises on strong growth to close CAD 5.6m funding round

AI-powered insurance assistant ProNavigator has seen adoption of its technology accelerate during the pandemic, helping it to close a CAD 5.6m ($4.2m) round.

PasarPolis bags $54m in Series B round

Indonesian InsurTech innovator PasarPolis has secured another $54m in a funding round to improve its AI-based claim automation platform and into its onboarding platform for agents.

What these 25 funding rounds tell you about where the FinTech industry is going

Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.

AXIS Insurance partners with AllDigital Specialty

Specialty insurance firm AXIS Insurance has teamed up with AllDigital Specialty so it can launch a new insurance platform aimed at the US small private company management liability market.

Breathe Life scores $11.5m in round comprising equity, debt and grants

Breathe Life, an end-to-end solution for life insurers, has received $11.5m in a funding round comprised of equity funding, debt financing and a grant.

Wrapbook scores $3.6m in its seed round led by Equal Ventures

Wrapbook, which builds payroll, insurance and compliance technology, has bagged $3.6m in its seed round of funding.

Zensurance closes its Series B round to help grow the team

Canadian digital commercial insurance platform Zensurance has closed its Series B round to increase its hiring efforts.

Eden Health nets $25m for its Series B round

Heathcare and insurance company Eden Health has bagged $25m in its Series B round, which was led by Flare Capital Partners.

29 FinTech funding rounds from the last week that you can’t afford to miss

While Robinhood's massive Series G round may have secured the most headlines last week, InsurTech and PropTech ventures bagged the most capital injections.

Waterdrop said to raise $230m in its latest capital injection

Waterdrop, a China-based online insurance platform, has reportedly netted $230m in a new 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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