Novocuff secures $26m funding round led by AXA IM Alts
AXA IM Alts, a global leader in alternative investments, has announced a lead investment of $14m as part of a $26m financing round into Novocuff, a women’s health medical device company dedicated to improving pregnancy outcomes and reducing preterm births.
Cyber insurance leader Cowbell secures $60m Series C investment from Zurich
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced a successful closure of a $60m Series C equity investment round.
IntelePeer bags $140m to advance AI automation in customer service
IntelePeer, a leading provider of AI-powered communications automation, has announced the successful completion of a $140m growth funding and debt financing round.
Insurance broker District Cover secures $7m in funding round backed by Andreessen Horowitz
District Cover, a small business insurance broker, has successfully raised over $7m in a funding round that featured participation from Andreessen Horowitz.
Asset-intensive reinsurer Martello Re secures $935m in equity funding round
Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.
Child disability insurance pioneer Juno raises $8.5m in Series A funding
Juno, the first company in the U.S. to provide child disability insurance, has announced the successful closure of an $8.5m Series A funding round.
Gradient AI raises $36m to advance AI solutions in insurance
Gradient AI, an independent provider of artificial intelligence (AI) solutions for the insurance industry, has successfully raised $36m.
Managing general underwriter SageSure closes $60m Gateway Re catastrophe bond
SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, has successfully closed the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60m.
Mundi Ventures receives €25m boost from AECID for InsurTech startups
The Agencia Española de Cooperación Internacional para el Desarrollo (AECID), the primary management body of the Cooperación Española, will invest €25m in Mundi Ventures, a management firm dedicated to supporting InsurTech startups and adjacent sectors.
Insurance broker TWFG targets $176m in IPO
The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).
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