Funding Rounds

Honeycomb Insurance raises $40m in new funding round

Honeycomb Insurance, a Chicago-based digital insurer specialising in apartment buildings and condo associations, has closed a $40m funding round, bringing its total capital raised...
Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

AI InsurTech Honeycomb secures $40m to fuel expansion

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic automation platform across global insurance markets.

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

Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic...
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...

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...
Novella, an AI-powered wholesale insurance broker, has raised $21m to expand its brokerage operations across the US, hire additional producers and continue developing its proprietary AI platform.

InsurTech wholesaler Novella bags $21m in funding

Novella, an AI-powered wholesale insurance broker, has raised $21m to expand its brokerage operations across the US, hire additional producers and continue developing its...
Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by Permanent Capital Ventures.

Outmarket AI lands $17m to expand insurance platform

Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by...
Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...
Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m.

Wopta secures €5m to expand AI-led insurance model

Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m. The...

News Stories

Can AI fix benefits season? Vertafore says yes with new agent

Can AI fix benefits season? Vertafore is betting on it

Vertafore, a Denver-based insurance technology provider, has launched an AI agent designed to reduce the time required to set up employee benefit plans, targeting...
INSTANDA and Diesta partner on insurance finance operations

INSTANDA and Diesta partner on insurance finance operations

INSTANDA, a global AI-augmented no-code policy administration system, has formed a strategic partnership with Diesta, a payments infrastructure firm designed specifically for the insurance...
Cowbell unveils OMNI to transform specialty insurance

Cowbell unveils OMNI to transform specialty insurance

Cowbell, an AI-native cyber and specialty insurance provider for small and medium-sized enterprises, has launched OMNI, an AI-native Decision Intelligence System designed to reshape...

Why autonomous AI could void your cyber insurance in 2026

Adoption of AI across the investment management industry has never been higher, with firms deploying the technology to summarise research, monitor threats, automate workflows...

Why Ostrum AM bet on Ortec’s GLASS and PRISM tools

Ortec Finance, a provider of investment modelling solutions, has been chosen by Ostrum Asset Management, an insurance and institutional investment specialist affiliated with Natixis...
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