Funding Rounds

How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.

ELEMENT bags €16m in funding after strong 2021 start

Digital insurance solution provider ELEMENT has raised €16m in funding after a strong start to 2021.

Odie Pet Insurance collects $3m in funding to support technology development

Odie Pet Insurance has raised more than $3m in a funding round, which will help it bolster its technology.

One Concern extends partnership with SOMPO Holdings with fresh investment

One Concern has received a $45m strategic investment from Japanese insurance firm SOMPO Holdings, kicking its partnership into the next stage.

Bought By Many raises Series D at $2bn pre-money valuation

UK-based pet insurance company Bought By Many has closed its Series D on $350m, putting its pre-money valuation at $2bn. The capital was supplied by...

Anorak bags £5m in funding round support the growth of its network.

Automated life insurance advice platform Anorak has bagged £5m to support its ambition to become the most innovative life-focused InsurTech in Europe.

HealthyHealth collects $10m Series A to support product launch

HealthyHealth Group, which claims to transform the life and health insurance underwriting journey, has collected $10m in its Series A funding round.

Robinhood, Stripe, Wise, Nubank execs among others back InsurTech Justos in seed round

Brazilian auto insurance startup Justos raised $2.8m in a seed round led by one of the largest VC firms in Latin America Kaszek along with a slew of experienced angel investors including CEOs of seven unicorns.

MotoRefi secures Goldman Sachs backing in $45m Series B

US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.

Cloud-based InsurTech Novidea adds $15m to its recently closed Series B round

Cloud-based solutions provider for the insurance industry Novidea increased its Series B funding by $15m, adding to $15m raised just six months ago.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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