Sector Updates

Los Angeles’ Fika Ventures raises $76m for sophomore fundraise

LA-based VC Fika Ventures has raised $76m for its second seed fund, just over two years after the final close of its maiden fund.

SE2 becomes majority shareholder of Life.io following new deal

Life.io, a life insurance platform which rewards healthy behaviour, has received an increased investment from SE2.

OneDegree extends Series A to surpass $30m

Hong Kong-based digital health insurance startup OneDegree has extended its Series A round to surpass $30m.

Online investing, trading app business Wealthsimple gets Allianz backing in C$100m investment

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Dawex secures ?5m funding to support growth in US and Europe

Data exchange platform Dawex has secured ?5m in its latest funding round which will support its development in Europe and the US.

Noro-Moseley bags $180m for Fund VIII final close

Noro-Moseley Partners has raised $180m for final close of its eighth private equity fund, as it continues its investment strategy of backing American businesses in the IT and healthcare sectors.

On-demand insurance platform VOOM launches from stealth after $2m Series A

On-demand insurance platform VOOM has exited from stealth and closed a $5m Series A funding round.

AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen

European private equity firm AnaCap Financial Partners has bought a majority stake in SundhedsGruppen A/S, a digital health insurance platform.

Snapsheet bags $29m in its Series E to support growth of analytical capabilities

Virtual claims solution Snapsheet has closed its Series E funding round on $29m to support the advancement of analytical capabilities.

Finantix names Tim Wood as its chief financial officer to support international growth

Finantix, a software builder for banking, wealth and insurance industries, has named Tim Wood as its new chief financial officer.

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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