What were the biggest deals in InsurTech in 2021?
2021 was another year of growth for the InsurTech industry, with funding setting an annual record of $9.1bn only nine months into the year. But what were the biggest deals?
Acrisure receives eye-watering $725m, now valued at $23bn
Global insurer and FinTech Acrisure has raised $725m in Series B-2 preferred equity to fuel its ongoing expansion.
InsurTech Air Doctor scores $20m
Medical care and travel startup Air Doctor has raised $20m in a funding led by Lightspeed Ventures to enter its next phase of growth.
Asian InsurTech startup anycover secures pre-seed
Singapore-based InsurTech startup anycover has raised $450,000 in a pre-seed funding round led by Powerhouse Ventures
InsurTech startup Urban Jungle scores $23m
UK-based InsurTech startup Urban Jungle has raised $23m in a Series A funding round led by North American venture capital investor Intact Ventures.
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.














