Route joins unicorn club in third year of operation
Route, the post-purchase experience platform and delivery insurance provider, has closed a $200m Series B round, propelling the company to a $1.25bn valuation.
Sayata extends Series A for business insurance
Insurance broker marketplace Sayata has raised an additional $35m to the previous $17m raised just five months ago in its Series A round.
Five Sigma extends Series A for claims management
Five Sigma, a cloud-native claims management solution provider, has extended its Series A round from Aquiline Technology Growth (ATG), bringing the company's total funding to date to over $20m.
Tencent backs InsurTech Reask for nat cat modelling
InsurTech Reask, a science and technology company focusing on natural hazard modelling, has closed its seed funding round led by Tencent.
Finsall said to raise $1.6m in pre-Series A
InsurTech company Finsall has reportedly raised INR 12 crore ($1.6m) in its pre-Series A funding round.
Honeycomb poised to “change the game of real estate insurance”
Israel-based InsurTech startup Honeycomb Insurance has secured $15.4m in a Series A funding round led by Ibex Investors, a report by Coverager has revealed.
Foresight lands funding for worker compensation
Foresight Group, an insurer of high-hazard clients, has raised $39m in Series B funding for its technology-based workers’ compensation programme, a report by Insurance Innovation Reporter has revealed.
Smartcar lands funding for its mobility API solution
Smartcar, an API developer platform for connected vehicles, has closed a $24m Series B round led by Energize Ventures.
Digit Insurance said to raise $70m investment
India-based InsurTech unicorn Digit Insurance has reportedly raised $70m from Wellington Hadley Harbor and Ithan Creek Master Investors.
Accelerant secures funding for data-driven underwriting
Accelerant, an InsurTech empowering underwriters with superior risk exchange and data analytics coupled with long-term capacity commitments, has raised in excess of $190m at a $2bn pre-money valuation.
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