Funding Rounds

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Online insurance broker Coverfox raises $15m for Series C

Insurance broker platform Coverfox has reportedly raised $15m for its Series C funding round, which was led by US insurer Transamerica.
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Tractable pulls in $8m for machine-vision insurance technology

Machine vision InsurTech startup Tractable has raised $8m in a Series A round led by Ignition Partners. Zetta Venture Partners and a host of individual from across the insurance space also participated.

IoT-based insurer Neos bags ?5m from Aviva Ventures and Munich Re

Connected home insurance company Neos has raised ?5m in a Series A round led by Aviva Ventures and Munich Re.

Acko grabs $30m in largest Indian InsurTech round to date

Acko General Insurance has raised the largest round for an Indian InsurTech startup to date. The Mumbai-based startup picked up $30m in a Seed round.

Protect My Car parks $7m for car warranty and insurance services

Car warranty and insurance startup Protect My Car has secured $7m in a Series C funding round from Great White Shark Opportunity Fund.
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InsureStreet takes £500,000 to replace cash rental deposits

InsurStreet has picked up angel funding for its InsurTech alternative to rental deposits. The London-based company is taking on £512,000 from angel investors.
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Clearsurance raises $4m Series A funding round

Massachusetts-based Clearsurance has closed a $4m Series A funding round to continue service development.
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Pie Insurance nabs $4.3m in seed funding round

Washington DC-based Worker compensation insurance business Pie Insurance has raised a $4.3m seed funding round.
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Wellthie scores $5m to help brokers catch up in InsurTech

Tech provider for the insurance space Wellthie has raised $5m in a Series A round led by IA Capital Group. IA Capital Group led the round.
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InMyBag pockets £300k to insure freelancers’ laptops

London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.

News Stories

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla.

Roamly unveils real-time insurance for Tesla fleets

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and...
Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies within a single day.

Root speeds up agent onboarding with 24-hour programme

Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies...

Valor backs Counterpart with $50m Series C raise

Counterpart, a specialty InsurTech firm pioneering Agentic Insurance™ for the AI era, has completed a $50m Series C funding round, bringing its cumulative total...
MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans, enabling users to re-run quotes and compare financial products directly within the ChatGPT interface.

MoneySuperMarket adds home, pet insurance to ChatGPT app

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans,...
Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership to expand embedded insurance and value-added services across Germany and international markets.

Mehrwerk teams with bolttech to expand embedded services

Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership...
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