Investors

InsurTech Voom rakes in $15m funding to expand UBI model

Voom, an InsurTech that provides usage-based insurance (UBI) for e-scooters, e-bikes and related devices, has secured $15m in funding.

Insurate bags $4.5m from HSCM Ventures-led seed round

Worker compensation underwriter Insurate has secured $4.5m from a seed funding round led by HSCM Ventures.

Homee reels in $17m from oversubscribed Series B-2

Tampa-based InsurTech Homee has raised $17m from a Series B-2, bringing the total raised in the overall Series B round to $36m.

SafeTree looks to extend roots with $1m seed raise

New Delhi-based InsurTech SafeTree has secured $1m in seed funding from angel investors Shams Ahmed Parvaz and Faiz Shams.

InsurTech Buckle closes $60m Series B to scale platform across US

Buckle has secured $60m from a Series B funding round that was led by Volery Capital Partners.

Cyber insurer Coalition enhances unicorn status with $205m Series E

Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.

Specialty finance firm Gracie Point closes $75m equity round

Gracie Point has secured closed a $75m issuance of preferred equity with investments from affiliates of Hudson Structured Capital Management (HSCM) and Kuvare.

Sproutt eyes bolstered life insurance offering following $26m Series B raise

Life insurance firm Sproutt has raised $26m from a Series B funding round led by MoreTech Ventures.

InsurTech unicorn Groww in talks to close $250m in new investment round

Indian startup that helps millennials invest in mutual funds and stocks Groww is reportedly in talks to raise a new financing round at a $3bn valuation.

InsurTech iCover secures funding to expand footprint, bolster expertise

Missouri-based underwriting platform iCover has raised an undisclosed amount of seed funding from a number of unnamed backers.

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...
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