Tag: Funding

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line.  BimaPay is...

Vanguard secures $1m funding to revolutionise maritime insurance underwriting

Maritime technology startup Vanguard has secured $1m in new funding to advance their automated insurance underwriting platform tailored for maritime operations.

Honeycomb secures $36m to expand its insurance offerings

Honeycomb, a leading digital insurer, has raised $36m in a Series B funding round in a bid to expand its insurance offerings.

Simplifai secures significant investment led by Idékapital

Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.

LDC makes significant investment in Uinsure to support ambitious growth strategy

Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.

UK InsurTech funding defies global trends

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.

hyperexponential lands $73m in Series B backed by major US VCs

hyperexponential, a global leader in pricing decision intelligence (PDI) software, has concluded a £73m Series B funding round which was funded by a host of major US Venture Capitalists (VCs).

Insurance automation firm Sprout.ai secures £5.4m

Sprout.ai, an "AI-led insurance claims automation company", has successfully secured an investment of £5.4m in a recent investment round. Spearheading this round were notable...

Neptune Flood secures $200m in premiums and strengthens advisory board

Neptune Flood, the largest private provider of flood insurance in the United States, has achieved a significant milestone by surpassing $200m in premium revenue.

Matic bags $20m in Series B extension round, bolstering its InsurTech...

Matic, a foremost embedded InsurTech platform, recently publicised a $20m fundraising as an extension to its Series B round.

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