Funding Rounds

Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment

US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.

PropTech Jones snags $12.5m for its commercial real estate vendor compliance platform

Israeli commercial real estate startup that automates the insurance compliance process for tenants and property managers Jones raised a $12.5 Series A funding round.

Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

Russian InsurTech BestDoctor attracts $26m from Vladimir Potanin-backed VC fund Winter Capital

BestDoctor closed a $26m round led by Winter Capital, a Moscow-based international VC fund backed by billionaire Vladimir Potanin.  Other investors included Swedish investor VNV Global...

UK-based InsurTech YuLife nabs a $70m Series B to reinvent life insurance

Tech-driven insurance company which incentivises and rewards users to focus on their physical and mental health through a gamified interface, YuLife raised $70m in Series B funding led by Target Global.

Collective Benefits rakes in £6m to aid expansion, bolster worker safety net

UK Insurtech startup Collective Benefits has secured £6m in a funding round led by US venture firm NFX.

Coincover said to raise $9.2m in its Series A round

Coincover, which provides insurance for cryptocurrency, has reportedly raised $9.2m in its Series A round.

Howden launches sustainable underwriter, plans $500m raise

International insurance broker Howden has introduced Parhelion Underwriting with the aim of raising $500m after it was seeded by Howden.

Sweden-based Insurello nets $17.5m in its latest funding round

Swedish InsurTech company Insurello has received a SEK 150m ($17.5m) investment, after it moves past the milestone of SEK 200m ($23.3m) in paid insurance compensation.

What last week’s 31 FinTech investments means for the PayTech sector

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

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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