Tag: Funding

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.

Premium homeowners insurance firm Openly secures $100m in Series D

Openly, a Boston, MA-based firm, is a premium homeowners insurance provider that recently bagged a significant financial milestone.

DGTAL clinches €3m in strategic funding to boost AI-driven insurance tools

DGTAL, a firm offering a SaaS platform with AI capabilities for insurance portfolios, has announced a significant €3m in strategic funding.

NOW Insurance garners fresh funding from Arch Capital Group

NOW Insurance, an AI-integrated commercial insurance platform focusing on medical professional liability coverage, has secured funding.

Square Insurance joins Recur Club’s portfolio with $1m funding boost

India-based Square Insurance Brokers Private Limited, a Rajasthan-based firm authorised by IRDA under the Insurance Brokers Regulations of 2002, has just added another feather to its cap.

Altamont bolsters new reinsurance broker Augment with $100m funding

Augment, a newly launched reinsurance broker, has recently made waves with an inaugural investment of $100m.

InsurTech pioneer Sixfold emerges with $6.5m seed funding, revolutionising AI in...

Sixfold, a groundbreaking InsurTech startup, is introducing the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.
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