Funding Rounds

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

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.

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...
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