Funding Rounds

EQT Ventures backs MarvelX with $6m to automate insurance workflows

EQT Ventures backs MarvelX with $6m to automate insurance workflows

Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.
Landlord InsurTech firm Steadily secures $30m Series C to expand nationwide footprint

Landlord InsurTech firm Steadily secures $30m Series C to expand nationwide footprint

Steadily, a landlord-focused InsurTech based in the United States, has raised $30m in a Series C funding round as it looks to accelerate its national expansion and enhance its technology platform.
AI-powered InsurTech platform 1Fort, which focuses on streamlining commercial insurance processes for brokers and agents, has announced a $7.5m oversubscribed funding round.

AI-driven InsurTech 1Fort raises $7.5m to transform broker workflows

AI-powered InsurTech platform 1Fort, which focuses on streamlining commercial insurance processes for brokers and agents, has announced a $7.5m oversubscribed funding round.
Chapter, a US-based Medicare navigation platform, has closed a $75m Series D funding round to bolster its mission of transforming retirement healthcare experiences.

Chapter bags $75m to scale personalised Medicare guidance platform

Chapter, a US-based Medicare navigation platform, has closed a $75m Series D funding round to bolster its mission of transforming retirement healthcare experiences.
Luma Financial Technologies, a FinTech company specialising in structured products and insurance solutions, has secured $63m in a Series C funding round.

Luma Financial Technologies raises $63m to expand global reach

Luma Financial Technologies, a FinTech company specialising in structured products and insurance solutions, has secured $63m in a Series C funding round.
Paris-based Klaimy, a French InsurTech startup focused on revolutionising medical document processing, has raised €1.2m in pre-seed funding to advance its AI-powered solutions for insurers.

French InsurTech Klaimy raises €1.2m to transform medical document processing with AI

Paris-based Klaimy, a French InsurTech startup focused on revolutionising medical document processing, has raised €1.2m in pre-seed funding to advance its AI-powered solutions for insurers.
British InsurTech firm Marshmallow, which provides car and van insurance for people who have recently moved to the UK, has raised around £68m in new funding.

UK InsurTech Marshmallow secures £68m to push past £1.5bn valuation

British InsurTech firm Marshmallow, which provides car and van insurance for people who have recently moved to the UK, has raised around £68m in new funding.
Zurich Insurance Group, a global insurance leader based in Switzerland, has deepened its commitment to digital innovation by investing in Ominimo, a fast-growing InsurTech startup focused on AI-powered motor insurance.

Zurich invests in InsurTech Ominimo to boost AI-powered car insurance in Europe

Zurich Insurance Group, a global insurance leader based in Switzerland, has deepened its commitment to digital innovation by investing in Ominimo, a fast-growing InsurTech startup focused on AI-powered motor insurance.
Embri, a UK-based embedded insurance platform that helps retailers offer protection at the point of sale, has announced the launch of its latest funding round via the crowdfunding platform Crowdcube.

Embedded InsurTech platform Embri launches Crowdcube raise to fuel UK expansion

Embri, a UK-based embedded insurance platform that helps retailers offer protection at the point of sale, has announced the launch of its latest funding round via the crowdfunding platform Crowdcube.
Meanwhile, a digital asset-focused InsurTech company offering life insurance solutions, has raised $40m in a Series A funding round.

Meanwhile raises $40m Series A to expand digital asset life insurance offering

Meanwhile, a digital asset-focused InsurTech company offering life insurance solutions, has raised $40m in a Series A funding round.

News Stories

FutureProof launches AI condo insurance for Southeast US

FutureProof launches AI condo insurance for Southeast US

FutureProof Technologies, a venture-backed InsurTech using artificial intelligence to overhaul property underwriting, has unveiled a new personal lines property insurance programme in partnership with...
Previsico names Mark Trumper as new CEO

Previsico names Mark Trumper as new CEO

Previsico, the live flood forecasting InsurTech spun out of Loughborough University, has named Mark Trumper as its new chief executive officer to drive the...
Pace raises $46m Series B to scale AI insurance agents

Pace raises $46m Series B to scale AI insurance agents

Pace, an AI operations partner for insurers, has closed a $46m Series B funding round co-led by Thrive Capital and Sequoia Capital, with additional...

OAK Global launches ROOT Intelligence InsurTech arm

OAK Global, a global risk partner underwriting through two Lloyd's syndicates, has unveiled ROOT Intelligence, a newly formed technology company designed to accelerate its...

Benefitbay raises $18m Series A to scale ICHRA platform

Benefitbay, a leading Individual Coverage Health Reimbursement Arrangement (ICHRA) platform serving brokerages, employers and employees across the US, has reportedly closed an $18m Series...
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