Investors

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.

How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

German InsurTech unicorn Wefox closes $650m Series C at $3bn valuation

Digital insurance startup Wefox raised $650m in a post-money valuation of $3bn led by Target Global.

Ex-Y Combinator InsurTech platform for landlords Obie hauls in $10.7m

InsurTech startup Obie raised a $10.7m Series A round led by Battery Ventures while also launching its new insurance product offering, which focuses on landlords and investment property owners.

Parametrix raises $17.5m to boost its cloud downtime insurance offering

InsurTech Parametrix raised $17.5m in funding from VC firms FirstMark Capital and F2 Ventures.

Why the 46 FinTech rounds from last week are exciting for stock trading and...

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

InsurTech Waffle seeks expansion following $5m seed round

InsurTech Waffle seeks expansion following $5m seed round

Extend achieves unicorn status following $260m Series C

US product protection startup Extend has raised $260m from a Series C round that has brought its overall valuation to $1.6bn.

InsurTech Super banks $50m in a Series C round led by Wells Fargo

Subscription-based InsurTech for homeowners Super closed a $50m in an oversubscribed Series C round of funding led by financial services company Wells Fargo Strategic Capital.

Ex-Tesla and Stash execs back InsurTech Jerry in Series B as it emerges from...

CA-based AI-powered auto insurance comparison engine Jerry debuts after raising $28m in Series B funding, bringing its total fundraise to $57m.

News Stories

Why insurers can't afford the actuary vs data scientist divide

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...
How AI can rescue cyber submissions from the black hole

How AI can rescue cyber submissions from the black hole

Commercial insurance is wrestling with a silent crisis that IntellectAI has dubbed the "submission black hole", the unmanaged space inside a carrier's infrastructure where...
Klaimee raises $5.5m for AI agent liability cover

Klaimee raises $5.5m for AI agent liability cover

Klaimee, a Y Combinator-backed InsurTech offering insurance-backed performance warranties for AI agents, has secured $5.5m in seed funding. The round was led by FundersClub, with...
Carpe unveils Carpe Claims suite for agentic insurance era

Carpe unveils Carpe Claims suite for agentic insurance era

Carpe, an InsurTech firm that delivers AI-driven intelligence to insurers, has unveiled Carpe Claims, a unified suite combining ten years of claims expertise with...
Lemonade expands renters cover into Nebraska

Lemonade expands renters cover into Nebraska

Lemonade, a technology-driven insurance provider, has rolled out its renters insurance product in Nebraska, opening up its digital-first coverage to tenants across the state. The...
227198

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