Funding Rounds

Jooycar said to close $750,000 round as it positions itself for US launch

Jooycar, an InsurTech platform based in Chile, has reportedly secured $750,000 in funding to help it move into the US market, despite the current pandemic.

Data platform Powerlytics closes $4m round

Data provider Powerlytics has scored $4m in a funding round from FinTech-focused investor Brewer Lane Ventures.

InsurTech startup Betterview closes funding round on $7.5m

Betterview, which builds predictive analytics for the property insurance space, has closed its new funding round on $7.5m.

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

PolicyStreet bagged $1.8m in new Series A round

Malaysian InsurTech startup PolicyStreet has reported raised about $1.8m in a Series A round led by KK Fund.

Pie Insurance bags $127m in funding as it looks to create an affiliated business

Workers compensation InsurTech Pie Insurance has bagged $127m in a new financing and capital funding round, which will support the acquisition of other insurance companies.

Inclusivity Solutions closes second tranche of Series A

South Africa-based Inclusivity Solutions has secured $1.3m in the second tranche of its Series A round, bringing the total funding to $2.6m.

Riskcovry closes pre-series A round on INR 9.3 crore ($1.2m)

Digital Insurance platform Riskcovry has reportedly closed its pre-Series A round on INR 9.3 crore ($1.2m).

Clara Insurance raises seed round as it preps for summer launch

Clara Insurance, which helps employers give better cover to their employees, has netted $5.5m in its seed round to support its platform launch.

Auto insurance startup By Miles closes Series B on £15m

Pay-per-mile car insurance platform By Miles has secured £15m in its Series B round which was led by CommerzVentures.

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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