Tag: funding round

Gradient AI raises $36m to advance AI solutions in insurance

Gradient AI, an independent provider of artificial intelligence (AI) solutions for the insurance industry, has successfully raised $36m.

Understory bags $15m in Series A for renewable energy sector

Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.

Sixfold raises $15m to enhance AI-driven underwriting technology

Sixfold, the company empowering underwriters with a generative AI solution for end-to-end risk analysis, has announced a successful $15m Series A funding round.

New York-based InsurTech Authentic Insurance secures $11m in Series A funding

Authentic Insurance, a New York-based InsurTech startup, has successfully raised $11m in a Series A funding round.

InsurTech innovator Vitesse secures $93m Series C for US expansion

Vitesse, a leading provider of treasury and payment solutions tailored for the insurance industry, has announced the completion of a substantial $93m Series C funding round.

London-based InsurTech Eleos raises $4m to propel US expansion plans

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

Arbol bags $60m in Series B funding to scale parametric insurance...

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

CrashBay raises $1.25m boost for collision repair network

CrashBay, the first digital marketplace dedicated to transforming the collision repair industry, has successfully closed a funding round of $1.25m.

ELEMENT, German InsurTech innovator, secures €50m in latest funding round

ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m. The investment comes from notable entities including Versorgungswerk der...

Kenyan InsurTech mTek raises $1.25m to aid East African expansion plans

mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

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