Funding Rounds

InShare collects $7.5m to support new product launches

InShare, which claims to provide workers with cheaper insurance policies, has collected $7.5m in its seed funding round.

Sayata aims to expand insurance footprint with $17m Series A

Insurance broker marketplace Sayata has bagged $17m from a Series A funding round led by Team8 Capital and Vertex Ventures.

Koop Technologies closes seed funding for its autonomous vehicle data platform

Koop Technologies, an InsurTech aimed at the autonomous vehicle market, has secured $2.5m in its seed round.

Balance Re secures $10m from Anthemis-led Series A

Life reinsurance company Balance Re has raised $10m from a Series A funding round led by Anthemis Group.

Mobility insurance platform DigiSure comes out of stealth with $13.1m funding

San Francisco-based mobility insurance platform Digisure launched its embedded protection platform following a $13.1m funding round led by Morado Ventures.

Ex-Lazada execs’ insurance marketplace Lifepal fetches $9m in funding

Indonesian digital direct-to-consumer (D2C) insurance marketplace Lifepal raised an oversubscribed $9m Series A funding round, bringing the total capital raised to $12m.

TrustLayer snares $15m to expand insurance verification platform

InsurTech firm TrustLayer has pulled in $15.1m from a Series A funding round led by Craft Ventures.

InsurTech startup Quotall exceeds crowdfunding target

InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.

Car InsurTech Marshmallow set to be latest British unicorn after reported new cash injection

Marshmallow Financial Services is soon to raise its latest fundraising round, bringing its valuation to $1.2bn, joining the ranks of other recent UK unicorns Starling Bank, Gousto and Zego.

Vesttoo reels in $6m Series A to grow its insurance-linked programme

Israel-based alternative reinsurance and investment platform Vesttoo has raised $6mn in a Series A funding round led by Hanaco Ventures.

News Stories

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week