Funding Rounds

InsurTech Spot reels in $17.5m in funding to save consumers from medical debt

Digital insurance startup Spot has raised $17.5m in funding, including $15m in equity and $2.5m in debt led by GreatPoint Ventures.

FRISS collects $65m in its Series B funding round

FRISS, an AI-powered end-to-end fraud prevention and detection solutions for P&C insurers, has collected $65m in its Series B round.

Agentero inks $13.5m to expand its digital insurance network for agents

Digital insurance network Agentero raised $13.5m in Series A funding led by Alma Mundi Ventures to drive growth for independent insurance agencies.

Cyber Insurance tech platform At-Bay joins unicorn club after Series D close

At-Bay, a cyber insurance platform, has closed its Series D on $185m and brings its valuation to $1.35bn.

InsurTech aimed at emigrants asistensi said to raise ?8.9 investment

Spain-headquartered InsurTech company asistensi has reportedly collected ?8.9m in a funding round, which was led by 468 Capital.

Why investors are betting on crypto firms and InsurTechs based on the 22 rounds...

Last week proved to be profitable in terms of FinTech investment, with the rounds revealing the state of cryptocurrency and InsurTech sectors.

Akur8 expands European presence with pair of partnerships

AI-powered Insurance pricing software developer Akur8 has expanded its European presence through a partnership with VIG Poland entities, Beesafe and Compensa.

Pineapple said to close Series A after 200% growth in six months

South Africa-based InsurTech company Pineapple has reportedly netted $3.4m in its Series A funding round, after experiencing 200% growth in six months.

South African InsurTech Ctrl rakes in $2.3m investment

Short-term insurance advice provider Ctrl has secured a $2.3m investment from business funder Naspers Foundry.

Bolttech bolsters market reach with I-surance acquisition

Singaporean InsurTech Bolttech has purchased European business-to-business-to-consumer fellow InsurTech I-surance for an undisclosed fee.

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...
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