Funding Rounds

Homethrive secures $20m Series B for family caregiving support

Homethrive, which describes itself as a “caregiving benefit innovator”, has raised $20m in Series B funding in a round led by Human Capital.

Hippo’s First Connect to offer cyber insurance by Chubb

First Connect has partnered with Blink to offer personal cyber insurance to independent agents that participate in First Connect’s InsurTech marketplace platform.

Amex backs Trellis’ insurance vision

Digital insurer Trellis has received an investment from Amex Ventures, bringing its total funding to $17m since inception.

Auto loan refinancer Caribou joins unicorn club

Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.

Swedish pet insurer Lassie gets paws on €11m

Sweden-based pet insurance platform Lassie has reportedly collected #11m in its Series A, which was led by Felix Capital.

West Hill Capital backs Skyline’s parametric vision

InsurTech parametric specialist Skyline Partners has gained $1.75m in funding from West Hill Capital, a specialist corporate finance and VC firm, bringing the total raised to $3.5m.

Neptune Mutual pulls in $5.3m for parametric digital asset protection

Neptune Mutual, a marketplace for parametric coverage protection of digital assets, has closed a private funding round of $5.3m.

Gig-worker champion Cachet lands funding

Cachet, a Tallinn-based InsurTech focused on platform worker insurance, has raised €5.5m to expand to gig workers across Europe.

Indonesian InsurTech Qoala scores $65m

Indonesia-based InsurTech startup Qoala has secured $65m in its Series B funding round.

SiriusPoint backs Avinew for autonomous vehicles

Global insurer and reinsurer SiriusPoint has invested in the autonomous vehicle revolution technology via a partnership with managing general agent (MGA) Avinew.

News Stories

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
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...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week