Vertical Insure lands $8.5m raise
Vertical Insure, a Minneapolis-based InsurTech has raised $8.5m in equity financing, as disclosed in a Form D filing with the SEC on 12 June.
Zorro secures $20m to transform AI-powered health benefits
Zorro, a next-generation benefits administration platform, has secured $20m in Series A funding as it looks to transform how healthcare benefits are delivered to brokers, employers and employees across the United States.
PremFina secures £350m facility for UK expansion
PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.
Crabi bags $13.6m to expand digital auto cover in Mexico
Crabi, a full-stack digital auto insurance company based in Mexico, has secured $13.6m in a new funding round to boost its AI-powered insurance offering and expand access to affordable vehicle coverage nationwide.
Cyber InsurTech Baobab secures €12m to expand in Europe
Cyber insurance startup Baobab, a Germany-based InsurTech firm specialising in AI-driven cyber protection, has raised €12m in a Series A funding round aimed at expanding its operations across Europe.
bolttech secures $147m Series C and hits $2.1bn valuation
Global InsurTech bolttech has successfully closed its Series C funding round, raising $147m and securing a post-money valuation of $2.1bn.
Bereavement support FinTech Empathy lands $72m to expand AI-driven LifeVault platform
Empathy, a technology company redefining how individuals cope with grief and manage end-of-life logistics, has raised $72m in a Series C funding round to further scale its compassionate support platform.
Kota raises $14.5m to expand embedded insurance benefits platform
Kota, an Irish InsurTech firm transforming how businesses deliver employee benefits, has secured $14.5m in Series A funding.
Bain Capital backs $2.1bn raise for FinTech leader Acrisure
Acrisure, the global FinTech firm offering AI-driven financial services, has secured $2.1bn through a new capital raise backed by several major investors, bolstering its plans to grow internationally and enhance its platform.
Health insurance automation firm HOOTL lands new Middle East investment to accelerate UAE expansion
RIIG – HOOTL, a provider of AI-powered cybersecurity and health tech solutions, has raised a new round of funding from investors in the United Arab Emirates, marking a key milestone in the company’s international expansion.
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