Funding Rounds

InsurTech innovator CarbonPool secures $12m to fortify carbon credit markets

InsurTech innovator CarbonPool secures $12m to fortify carbon credit markets

CarbonPool, a trailblazing company at the intersection of insurance technology and environmental sustainability, has successfully completed a funding round, raising a significant CHF 10.5 million ($12m).
Microinsurance provider MIC Global has successfully raised $6 million in a seed funding round, with Launchpad Capital leading the investment. 

MIC Global bags $6m in funding round led by Launchpad Capital

Microinsurance provider MIC Global has successfully raised $6 million in a seed funding round, with Launchpad Capital leading the investment. 
UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.

UK InsurTech funding defies global trends

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.
InsurTech Ansel, formerly known as Brella, has successfully raised $20m to expand access to the simplified supplemental insurance market. 

Ansel secures $20m in funding round led by Portage

InsurTech Ansel, formerly known as Brella, has successfully raised $20m to expand access to the simplified supplemental insurance market. 
Keystone Agency Partners (KAP), the prominent insurance brokerage platform, has secured an additional $330m in financing, surpassing a total raised capital of $1bn.

Keystone Agency Partners surpasses $1bn in capital raised with additional $330m financing boost

Keystone Agency Partners (KAP), the prominent insurance brokerage platform, has secured an additional $330m in financing, surpassing a total raised capital of $1bn.
Lemonade announces extension of CAC financing agreement with General Catalyst

Lemonade announces extension of CAC financing agreement with General Catalyst

Lemonade and General Catalyst (GC) – AKA ‘Synthetic Agents’ – have announced the extension and expansion of their financing relationship, solidifying their partnership goal to fuel Lemonade’s...
Bharatsure, a Mumbai-based Insurtech startup specialising in Infrastructure-as-a-Service (IaaS) solutions for insurance distributors, has secured $1m in its latest funding round.

Mumbai-based InsurTech Bharatsure bags $1m in latest funding round

Bharatsure, a Mumbai-based Insurtech startup specialising in Infrastructure-as-a-Service (IaaS) solutions, has secured $1m in its latest funding round.
Korr, a New York City-based InsurTech startup, has successfully bagged $3.2m in their seed funding round.

New York-based InsurTech Korr lands $3.2m in seed round led by Motive Ventures

Korr, a New York City-based InsurTech startup, has successfully bagged $3.2m in their seed funding round.
hyperexponential lands £73m in Series B backed by major US VCs

hyperexponential lands $73m in Series B backed by major US VCs

hyperexponential, a global leader in pricing decision intelligence (PDI) software, has concluded a £73m Series B funding round which was funded by a host of major US Venture Capitalists (VCs).
Rainbow

Rainbow secures $12m for small business insurance innovation

Rainbow, a digital managing general underwriter specialising in small business insurance, has recently secured a significant $12 million in seed funding.

News Stories

Wtp shifts pension accountability to insurers

Wtp shifts pension accountability to insurers

WealthTech company Kidbrooke has outlined why the Netherlands' transition to the Wet toekomst pensioenen (Wtp) has redrawn the lines of accountability in pension communication. In...
Travel InsurTech Insurteam bags $1.3m to scale

Travel InsurTech Insurteam bags $1.3m to scale

Swiss InsurTech startup Insurteam, which automates sales and claims management for the travel insurance sector, has completed a $1.3m funding round aimed at driving...
Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same time, dealers expect rapid decisions and competitive offers at the point of sale.

Why Canadian auto lenders are rethinking pricing strategies

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same...
Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise legacy systems are forcing lenders to rethink how lending journeys are designed.

Why personalisation is becoming essential in mortgage lending

Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise...
InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer acquisition across the United States.

Eleos Life raises $3m from Mercurius Media Capital

InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer...
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