Funding Rounds

Pasito, an InsurTech company focused on AI-native workflows for group health, life and retirement benefits, has raised $21m in new funding to accelerate automation across the benefits ecosystem.

InsurTech Pasito secures $21m Series A to scale AI benefits platform

Pasito, an InsurTech company focused on AI-native workflows for group health, life and retirement benefits, has raised $21m in new funding to accelerate automation...
Artificial Labs raises $45m Series B for global growth

Artificial Labs raises $45m Series B for global growth

Artificial Labs, a provider of digital broking and underwriting technology for specialty and commercial insurance, has closed a $45m Series B funding round to...

InsurTech funding reaches $420m in January as US firms secure mega deals

Global investment in InsurTech firms surpassed $420m in January, as investors continued to back artificial intelligence-driven platforms. Funding was led by two US-based insurers that...
Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers around the world.

AI underwriting InsurTech Sixfold raises $30m Series B round

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers...
Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market.

German HealthTech Recare raises €37m for hospital workflow AI

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m...
Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of its software among some of the largest brokerage houses in the country.

US InsurTech Fulcrum secures $25m for insurance automation platform

Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of...
Pace, an agentic AI startup automating insurance operations, has raised $10m in a Series A led by Sequoia Capital to accelerate AI adoption across insurance workflows.

Pace secures $10m Series A to modernise insurance workflows

Pace, an agentic AI startup automating insurance operations, has raised $10m in a Series A led by Sequoia Capital to accelerate AI adoption across...
Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas, a company focused on insuring modern digital risks, has emerged from stealth alongside a seed funding round to introduce parametric insurance designed to cover cloud service downtime.
Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

InsurTech Igloo secures $5m from Tokio Marine

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

AI InsurTech Armilla AI secures $25m funding round

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against...

News Stories

FutureProof launches AI condo insurance for Southeast US

FutureProof launches AI condo insurance for Southeast US

FutureProof Technologies, a venture-backed InsurTech using artificial intelligence to overhaul property underwriting, has unveiled a new personal lines property insurance programme in partnership with...
Previsico names Mark Trumper as new CEO

Previsico names Mark Trumper as new CEO

Previsico, the live flood forecasting InsurTech spun out of Loughborough University, has named Mark Trumper as its new chief executive officer to drive the...
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...

OAK Global launches ROOT Intelligence InsurTech arm

OAK Global, a global risk partner underwriting through two Lloyd's syndicates, has unveiled ROOT Intelligence, a newly formed technology company designed to accelerate its...

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...
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