Parsyl secures Series B to improve risk management for supply chains
Parsyl, a data-powered insurer of essential supply chains, has raised $25m in Series B funding.
Climate change-focused InsurTech Descartes Underwriting secures $120m
Descartes Underwriting, which is helping insurers address climate and emerging risks, has secured $120m in its Series B.
Insurer Stubben Edge reels in £10m funding
UK-based InsurTech firm Stubben Edge has raised £10m from an investment round that including firms such as Lloyd’s Names and a range of institutional investors.
Helvengo set to revolutionise SME insurance
Zurich-based Helvengo, which provides insurance solutions tailored to entrepreneurs, startups and SMEs, has received $4.5m in a seed financing round.
Ascend bags $30m in equity and $250m in debt
US-based Ascend, which claims to be the first modern insurance payments platform, has bagged $30m in its Series A, alongside a further $250m in a lending commitment.
Pacific Lake backs OneShield
OneShield Software, a provider of core software solutions to property and casualty insurance companies, has received a $50m follow-on investment.
BlackRock to loan Root Insurance $300m
Root, the parent company of Root Insurance, has closed a term loan facility with BlackRock Financial Management.
DigitalOwl lands Series A for medical record technology
DigitalOwl, a Natural Language Processing (NLP) technology for deeply analysing and summarising medical records that aids insurers, has raised $20m in Series A funding.
Laka scores €10.6m funding to advance bicycle insurance offering
Bicycle insurance platform Laka has raised €10.6m in a Series A round of funding led by US mobility investor Autotech Ventures.
Zenjuries pulls in $2.2m for worker compensation insurance
InsurTech Zenjuries, provider of worker compensation automation software for handling claims and reducing loss costs, has raised $2.2m.
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