Funding Rounds

CIBC backs AI-driven InsurTech Gradient AI's expansion

CIBC backs AI-driven InsurTech Gradient AI’s expansion

CIBC Innovation Banking, a specialist lender with over 25 years of experience in growth-stage technology companies, has provided growth capital financing to Gradient AI,...
AI insurer Harper secures $47m in seed and Series A

AI insurer Harper secures $47m in seed and Series A

Harper, an AI-powered commercial insurance brokerage, has raised $47m in combined seed and Series A funding. The round was led by Emergence Capital, with participation...

General Magic raises $7.2m to speed up insurance quotes

General Magic, an AI agent platform for the insurance industry, has raised a $7.2m seed funding round, bringing its total funding to $8.4m. The round...
Qumis, a commercial InsurTech specialising in attorney-trained artificial intelligence for insurance coverage intelligence, has announced a $4.3m injection of seed capital as it looks to accelerate growth in a rapidly evolving insurance technology market.

Insurance AI platform Qumis bags $4.3m seed investment

Qumis, a commercial InsurTech specialising in attorney-trained artificial intelligence for insurance coverage intelligence, has announced a $4.3m injection of seed capital as it looks...
mea, an AI-native InsurTech, has announced a significant minority growth equity investment as it looks to accelerate its global expansion and deepen engagement with customers across the (re)insurance market.

InsurTech firm mea secures $50m growth investment from SEP

mea, an AI-native InsurTech, has announced a significant minority growth equity investment as it looks to accelerate its global expansion and deepen engagement with...
Lassie, the prevention-first pet insurer, has raised $75m in Series C funding as it looks to scale across Europe and challenge traditional models of pet insurance with a stronger focus on preventive care and automation.

Lassie lands $75m Series C as it targets European expansion

Lassie, the prevention-first pet insurer, has raised $75m in Series C funding as it looks to scale across Europe and challenge traditional models of...
InsurTech firm ManageMy has secured $45m in new funding as it accelerates international expansion and steps up investment in artificial intelligence-driven capabilities.

InsurTech platform ManageMy lands $45m to expand internationally

InsurTech firm ManageMy has secured $45m in new funding as it accelerates international expansion and steps up investment in artificial intelligence-driven capabilities. The $45m raise...
Equal Parts, an InsurTech platform focused on transforming independent insurance agencies through acquisition and technology, has raised $23m in fresh funding as it looks to scale rapidly across the US market.

InsurTech Equal Parts secures $23m to scale independent agencies

Equal Parts, an InsurTech platform focused on transforming independent insurance agencies through acquisition and technology, has raised $23m in fresh funding as it looks...
Howden Group, a global insurance and reinsurance intermediary, has raised approximately $703m in gross proceeds through a debt issuance designed to strengthen its funding capacity and support future growth initiatives.

Howden Group strengthens balance sheet with $703m debt raise

Howden Group, a global insurance and reinsurance intermediary, has raised approximately $703m in gross proceeds through a debt issuance designed to strengthen its funding...
Advance, a FinTech platform focused on insurance payments and premium management, has raised $8.55m in seed funding as it looks to modernise how insurance intermediaries manage and move money.

Advance secures $8.55m to modernise insurance payments

Advance, a FinTech platform focused on insurance payments and premium management, has raised $8.55m in seed funding as it looks to modernise how insurance...

News Stories

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,...
Seltzer bets on Pennsylvania insurance growth with Trego

Seltzer bets on Pennsylvania insurance growth with Trego

Seltzer Group Partners, a Pennsylvania-based insurance provider, has acquired Trego Insurance Agency, bringing the Berks County agency's commercial and personal lines business into its...
Thoma Bravo's $4bn bet signals InsurTech consolidation

Thoma Bravo’s $4bn bet signals InsurTech consolidation

Accelerant, an InsurTech platform operating a data-driven risk exchange for the specialty insurance market, is set to be acquired by Thoma Bravo in an...
Applied Systems automates broker email quoting

Applied Systems automates broker email quoting

Applied Systems, an insurance software provider connecting agencies, brokers and carriers across the global risk value chain, has launched a new agentic email-to-quote submission...
Kita deepens Tokio Marine tie-up on carbon credit risk

Kita deepens Tokio Marine tie-up on carbon credit risk

Kita, a specialist provider of political risk insurance for carbon credit transactions and a Lloyd's Coverholder based in London, has secured a strategic investment...
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