Funding Rounds

Boston-based LightSpun, an InsurTech platform formerly known as 32Health, has raised $13m in a Series A funding round to accelerate the growth of its AI-driven dental insurance administration platform.

LightSpun raises $13m to scale AI-powered dental insurance

Boston-based LightSpun, an InsurTech platform formerly known as 32Health, has raised $13m in a Series A funding round to accelerate the growth of its...
Paid leave provider Parento secures $5.9m seed funding

Paid leave provider Parento secures $5.9m seed funding

Parento, a US-based provider of parental leave insurance and support services, has raised $5.9m in a Seed II funding round to expand its offering to businesses of all sizes.
Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions in partnership with JVP, the venture capital firm that initially backed the company.

Earnix raises $290m to expand AI insurance platform

Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions...
Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States.

Digital insurer Kin bags $50m Series E

Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States. The  tranche...
Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round.

Elysian secures $6m to transform commercial claims with AI

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round. The round was led by Portage, with additional participation...
COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s total funding to approximately $50m.

AI-native InsurTech COVU secures $16m to boost growth

COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s...
Sola, an Atlanta-based InsurTech startup, has raised $8m in Series A funding to accelerate its plans to create the first vertically integrated property insurance company.

Sola secures $8m funding to transform property insurance

Sola, an Atlanta-based InsurTech startup, has raised $8m in Series A funding to accelerate its plans to create the first vertically integrated property insurance...
Enterprise AI company Upstage, a developer of generative AI and document intelligence solutions, has raised $45m in a Series B bridge round, bringing its total funding to $157m.

Upstage bags $45m to expand AI document solutions

Enterprise AI company Upstage, a developer of generative AI and document intelligence solutions, has raised $45m in a Series B bridge round, bringing its...
Infinity Loop, an AI-driven contract intelligence platform helping companies cut vendor costs, has secured $5m in a seed funding round led by Glasswing Ventures and TIAA Ventures.

Infinity Loop bags $5m seed round for vendor savings tool

Infinity Loop, an AI-driven contract intelligence platform helping companies cut vendor costs, has secured $5m in a seed funding round led by Glasswing Ventures...
ePayPolicy, a leading provider of payment processing solutions for the insurance industry, has received a new strategic investment, signalling confidence in its technology and growth prospects.

ePayPolicy raises funding to streamline insurance payments

ePayPolicy, a leading provider of payment processing solutions for the insurance industry, has received a new strategic investment, signalling confidence in its technology and...

News Stories

The rapid expansion of AI-driven actuarial platforms is forcing InsurTech firms to rethink how they operate internally. As companies scale across markets, adding customers, products and teams in different geographies, operational complexity increases quickly. Data visibility, coordination between offices and the integration of new technologies all become critical factors in maintaining momentum.

Scaling Akur8: how the firm is building for global growth

The rapid expansion of AI-driven actuarial platforms is forcing InsurTech firms to rethink how they operate internally. As companies scale across markets, adding customers,...

LEEO unveils telematics-powered fleet insurance product

Commercial auto insurance MGA LEEO has launched a new telematics-powered insurance product designed to more closely link fleet driving behaviour with insurance pricing and...
Soter Insure has launched an Ethereum-denominated slashing insurance product, developed with Galaxy Digital, designed to protect institutional participants in the digital asset staking ecosystem.

Soter launches Ethereum slashing insurance product

Soter Insure has launched an Ethereum-denominated slashing insurance product, developed with Galaxy Digital, designed to protect institutional participants in the digital asset staking ecosystem. The...
CoverGo has deployed its Intelligent Document Processing (IDP) AI Agent for Generali Hong Kong, automating health insurance claims handling to improve processing speed, accuracy and customer experience.

Generali Hong Kong adopts CoverGo AI claims automation

CoverGo has deployed its Intelligent Document Processing (IDP) AI Agent for Generali Hong Kong, automating health insurance claims handling to improve processing speed, accuracy...
InsurTech Heathos has launched a unified life insurance platform designed to integrate life cover into the same operational environment agencies already use for health and supplemental products.

Heathos expands platform to simplify life insurance distribution

InsurTech Heathos has launched a unified life insurance platform designed to integrate life cover into the same operational environment agencies already use for health...
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