Funding Rounds

Weecover, Spain's leading embedded insurance provider, has successfully raised €4.2m in its latest funding round as it sets its sights on international expansion.

Spanish InsurTech Weecover raises €4.2m to fuel global expansion

Weecover, Spain's leading embedded insurance provider, has successfully raised €4.2m in its latest funding round as it sets its sights on international expansion.
South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.

South African InsurTech Naked secures $38m to drive AI-powered growth

South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.
Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round.

Qumis secures $2.2m to transform insurance workflows with AI

Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round.
Instabase, a leading applied artificial intelligence (AI) platform for unstructured data, has announced its $100m Series D funding round.

Instabase bags $100m to expand its AI-powered data platform

Instabase, a leading applied artificial intelligence (AI) platform for unstructured data, has announced its $100m Series D funding round.
Latin American InsurTech Olé Life, a fully digital life insurance platform, has raised $13m in a Series B funding round led by PayPal Ventures.

Latin American InsurTech Olé Life secures $13m Series B funding from PayPal Ventures

Latin American InsurTech Olé Life, a fully digital life insurance platform, has raised $13m in a Series B funding round led by PayPal Ventures.
Rainbow, a digitally-enabled managing general underwriter (MGU) specialising in small business insurance, has announced the close of an $8m Series A funding round.

Rainbow raises $8m to expand small business insurance offerings

Rainbow, a digitally-enabled managing general underwriter (MGU) specialising in small business insurance, has announced the close of an $8m Series A funding round.
Deep Vector secures $1.5m seed funding to transform insurance data extraction with AI

Deep Vector secures $1.5m seed funding to transform insurance data extraction with AI

Deep Vector, an AI platform specialising in the analysis of underwriting documents, has successfully completed its seed funding round, raising $1.5m.
Parsyl, a cargo insurance provider operating in the US and London, has announced it raised $20m in a Series C funding round.

Cargo insurance provider Parsyl secures $20m in Series C funding

Parsyl, a cargo insurance provider operating in the US and London, has announced it raised $20m in a Series C funding round.
Matic Insurance, a provider of embedded insurance solutions, has announced it secured $30m in growth funding from Vistara Growth.

Matic Insurance lands $30m to scale embedded insurance solutions

Matic Insurance, a provider of embedded insurance solutions, has announced it secured $30m in growth funding from Vistara Growth.
AI-driven InsurTech Jones secures $15m Series B for insurance verification innovation

AI-driven InsurTech Jones secures $15m Series B for insurance verification innovation

Jones, an InsurTech company revolutionising insurance verification through AI, has secured $15m in a Series B funding round to advance its innovative solutions for the real estate and construction sectors.
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Latest Analysis

News Stories

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something usable for pricing, underwriting, and risk decisions, quickly, consistently, and at scale. That is where most organisations are still falling short. With Elevate Data now generally available, Earnix is focusing on a different problem, not how to store more data, but how to make it decision-ready.

Why data readiness is now the real bottleneck in insurance analytics

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims services and reshape how insurers handle motor and mobility-related claims.

OCTO teams with Sedgwick to enhance insurance claims data

OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims...

Kidbrooke: fixing the personalisation gap in WTP comms

The Dutch pension sector has a communication problem and it is hiding in plain sight inside a document that looks entirely correct, according to WealthTech company Kidbrooke.
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