Funding Rounds

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.
Finnish technology company ICEYE has secured $65m in an extension to its growth funding round to bolster its natural catastrophe solutions.

ICEYE raises $65m to bolster natural catastrophe solutions

Finnish technology company ICEYE has secured $65m in an extension to its growth funding round to bolster its natural catastrophe solutions.
Paris-based InsurTech startup Little John has raised €1.1m in pre-seed funding to develop its generative AI platform tailored for independent insurance brokers.

Paris-based Little John raises €1.1m to empower independent insurance brokers

Paris-based InsurTech startup Little John has raised €1.1m in pre-seed funding to develop its generative AI platform tailored for independent insurance brokers.

News Stories

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
Interconnected risks are breaking insurance's old models

Interconnected risks are breaking insurance’s old models

Insurance models are being tested by a risk environment in which exposures increasingly overlap, evolve quickly and create consequences beyond their original category. Earnix,...
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