Funding Rounds

Artificial Labs, a leading algorithmic underwriting InsurTech, has successfully concluded an £8M Series A+ funding round, marking a significant milestone in its growth trajectory.

Artificial Labs raises £8M Series A+ round to drive growth

Artificial Labs, a leading algorithmic underwriting InsurTech, has successfully concluded an £8M Series A+ funding round, marking a significant milestone in its growth trajectory.
Kin Insurance, the pioneering digital, direct-to-consumer home insurance company, has secured $15m in financing to take its value passed $1bn and secure the highly-coveted Unicorn status.

Kin Insurance surpasses $1bn valuation and gains Unicorn status

Kin Insurance, the pioneering digital, direct-to-consumer home insurance company, has secured $15m in financing to take its value passed $1bn and secure the highly-coveted Unicorn status.
Wisedocs secures $9.5m in Series A to revolutionise InsurTech with AI

Wisedocs secures $9.5m in Series A to revolutionise InsurTech with AI

Wisedocs, a leading name in the InsurTech sector, has successfully closed an impressive $9.5m in an oversubscribed Series A financing round.
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.

News Stories

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
NatWest launches home cover tracker with Uinsure

NatWest launches home cover tracker with Uinsure

NatWest, one of the UK's largest retail banks, has joined forces with InsurTech platform Uinsure in an exclusive tie-up aimed at making home cover...
Navacord enters Newfoundland through Steers deal

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...
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