Funding Rounds

Tunisian FinTech startup PAYDAY, a digital platform connecting insurers, banks, and employers, has secured $3m in its first pre-seed funding round, led by UGFS North Africa and supported by TALYS Group and BioProtection SA.

Tunisian InsurTech startup PAYDAY raises $3m funding

Tunisian FinTech startup PAYDAY, a digital platform connecting insurers, banks, and employers, has secured $3m in its first pre-seed funding round, led by UGFS...
Saudi-based InsurTech startup Najeeb.ai has secured an undisclosed pre-seed funding round from local and regional angel investors, the company announced.

Saudi InsurTech Najeeb.ai raises pre-seed for AI growth

Saudi-based InsurTech startup Najeeb.ai has secured an undisclosed pre-seed funding round from local and regional angel investors, the company announced. The funding will support the...
Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant step in its global growth ambitions.

Flood alert InsurTech Previsico lands Series A investment

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant...
No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m investment round to accelerate its next phase of growth.

InsurTech INSTANDA secures $20m to drive AI expansion

No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m...
AI neo-insurer MGT secures $21.6m Series B funding

AI neo-insurer MGT secures $21.6m Series B funding

AI-driven commercial insurer MGT, a vertically AI-native neo-insurer focused on modernising property and casualty (P&C) coverage for small businesses, has closed an oversubscribed $21.6m...
Egyptian InsurTech firm SehaTech, which develops AI-driven solutions to modernise health insurance administration, has secured $1.1m in a seed funding round.

SehaTech bags $1.1m to boost AI health insurance platform

Egyptian InsurTech firm SehaTech, which develops AI-driven solutions to modernise health insurance administration, has secured $1.1m in a seed funding round. The round was led...
Stand, an innovative insurance company focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round.

Stand raises $35m to grow resilience-linked insurance

Stand, an innovative insurance company focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round. The funding round was led by Eclipse,...
Liberate, a San Francisco-based AI startup specialising in automating insurance operations, has secured $50m in a funding round led by Battery Ventures.

Liberate raises $50m to transform insurance operations with AI

Liberate, a San Francisco-based AI startup specialising in automating insurance operations, has secured $50m in a funding round led by Battery Ventures. The capital injection...
Afori raises €4m to launch AI platform for insurance brokers

Afori raises €4m to launch AI platform for insurance brokers

Afori, a new AI platform built specifically for insurance brokers, has emerged from stealth with the announcement of a €4m pre-seed funding round.
Erie Strategic Ventures backs Atomic and Feathery

Erie Strategic Ventures backs Atomic and Feathery

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in two technology-driven startups, Atomic and Feathery. The fund, launched in 2022,...

News Stories

FutureProof launches AI condo insurance for Southeast US

FutureProof launches AI condo insurance for Southeast US

FutureProof Technologies, a venture-backed InsurTech using artificial intelligence to overhaul property underwriting, has unveiled a new personal lines property insurance programme in partnership with...
Previsico names Mark Trumper as new CEO

Previsico names Mark Trumper as new CEO

Previsico, the live flood forecasting InsurTech spun out of Loughborough University, has named Mark Trumper as its new chief executive officer to drive the...
Pace raises $46m Series B to scale AI insurance agents

Pace raises $46m Series B to scale AI insurance agents

Pace, an AI operations partner for insurers, has closed a $46m Series B funding round co-led by Thrive Capital and Sequoia Capital, with additional...

OAK Global launches ROOT Intelligence InsurTech arm

OAK Global, a global risk partner underwriting through two Lloyd's syndicates, has unveiled ROOT Intelligence, a newly formed technology company designed to accelerate its...

Benefitbay raises $18m Series A to scale ICHRA platform

Benefitbay, a leading Individual Coverage Health Reimbursement Arrangement (ICHRA) platform serving brokerages, employers and employees across the US, has reportedly closed an $18m Series...
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