Funding Rounds

Irys, an InsurTech company rebuilding insurance infrastructure from the ground up, has raised $12.5m in a seed round led by Markd, with participation from Deepwork Capital, Florida Opportunity Fund, Ansay & Associates, HICO Ventures, and JMG Capital.

Irys raises $12.5m as Markd backs next-gen InsurTech platform

Irys, an InsurTech company rebuilding insurance infrastructure from the ground up, has raised $12.5m in a seed round led by Markd, with participation from...
HOOTL, an AI-first company focused on revolutionising healthcare insurance processing, has secured $6.5m in Series A funding, aiming to address inefficiencies in claim validation and policy management.

HOOTL raises $6.5m to transform healthcare insurance

HOOTL, an AI-first company focused on revolutionising healthcare insurance processing, has secured $6.5m in Series A funding, aiming to address inefficiencies in claim validation...
ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s most outdated processes.

ClaimSorted raises $13.3m to transform insurance claims

ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s...
Nava Benefits, a US-based employee benefits and healthcare technology provider, has unveiled HQ, an AI-powered platform designed to simplify benefits administration for HR teams.

Thrive Capital backs Nava Benefits with $30m round

Nava Benefits, a US-based employee benefits and healthcare technology provider, has unveiled HQ, an AI-powered platform designed to simplify benefits administration for HR teams. The...
Insurance Office of America (IOA) has announced a new round of investment involving its own employees, private equity firm Madison Dearborn Partners (MDP), and Canadian brokerage Navacord, in a move designed to strengthen its position in the US insurance market.

IOA announces new investment deal with MDP and Navacord

Insurance Office of America (IOA) has announced a new round of investment involving its own employees, private equity firm Madison Dearborn Partners (MDP), and...
Insurance venture capital firm Markd has reopened its debut fund to secure up to $500m in new commitments, with the potential for further expansion before year-end.

InsurTech firm SureCo raises $23m Series A

SureCo, an Individual Coverage Health Reimbursement Arrangement (ICHRA) administrator, has announced the close of a $23m Series A funding round. The investment was led by...
Rehuman, an AI-powered insurance platform based in the UK, has raised £1m in a pre-seed funding round led by Fuel Ventures.

Rehuman raises £1m to transform insurance with AI wallet

Rehuman, an AI-powered insurance platform based in the UK, has raised £1m in a pre-seed funding round led by Fuel Ventures. The firm, led by...
Manchester-based InsurTech Veridox has raised in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant LADbible, joining through his Solo Investments Holdings vehicle.

LADbible founder supports InsurTech Veridox with £1m

Manchester-based InsurTech Veridox has raised £1m in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant...
Insify, the Dutch InsurTech platform designed for freelancers and SMEs, has secured €16.3m in Series B funding to expand its digital insurance services across Europe.

Insify secures €16.3m Series B for AI-driven SME insurance

Insify, the Dutch InsurTech platform designed for freelancers and SMEs, has secured €16.3m in Series B funding to expand its digital insurance services across...
Claims technology provider Reserv, a fast-growing firm specialising in modernising claims management through artificial intelligence, has raised an additional $16m in fresh funding.

Reserv raises $16m as QBE Ventures leads fresh funding

Claims technology provider Reserv, a fast-growing firm specialising in modernising claims management through artificial intelligence, has raised an additional $16m in fresh funding. The new capital...

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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