Funding Rounds

Layr lands $10 Series A

InsurTech startup Layr, which uses artificial intelligence and machine learning to help brokerages and agencies manage their small commercial books, has raised $10m in Series A funding.
iink Payments bags $2.8m to streamline insurance claim payments

iink Payments bags $2.8m to streamline insurance claim payments

Digital payments network iink Payments has closed its seed round on $2.8m, which was led by Motivate Venture Capital.

InsurTech Policygenius nabs $125m after 2 years of strong growth

Policygenius, a digital insurance platform, has collected $125m in funding, as it capitalises on two years of strong growth.

Onuu raises $6m for financial security mission

Onuu, an Austin-based provider of banking and insurance solutions, has raised $6m in Seed A funding led by Latinx-led VC Leap Global Partners.

TNEDICCA lands funding for data-driven auto insurance coverage

TNEDICCA, a provider of location-based traffic crash intelligence and predictive analytics for insurance pricing, has closed a $1.75m Series A funding round.

Cowbell Cyber rakes in $100m from Anthemis-led Series B

Cowbell Cyber, a provider of AI-powered cyber insurance, has secured $100m in Series B funding.

Socotra secures Series C

Socotra, a provider of a cloud-native platform for insurers, has closed a $50m Series C funding round led by Insight Partners.

France-base +Simple raises ?90m and closes three acquisitions

French digital insurance brokerage +Simple has closed a growth financing round on ?90m, which was led by global investment firm KKR.

Canadian InsurTech APOLLO scores Series B

Canadian digital insurer APOLLO Insurance Solutions has closed a Series B funding round, alongside the start of a new strategic partnership.

Loadsure secures funding to insurance the freight industry

InsurTech MGA Loadsure has raised $11m in Series A funding led by MMC Ventures for its freight insurance technology.

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...
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