Tag: Funding

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.

Marshmallow, an InsurTech company that strives to make motor insurance accessible to underrepresented sectors, has secured a £15m three-year revolving credit facility from Triple Point Private Credit.

Berlin-based cyber insurance platform Baobab has scored €3m from UK-listed FinTech fund Augmentum.

Propeller, a US-based InsurTech, has raised $6.4M in seed funding led by a consortium of industry partners.

Fountain Life, a preventative health and longevity company, has raised $15m in a recent funding round.

Validic, a digital health and remote care firm, has scored $12m in a financing round headed by Kaiser Permanente Ventures.

Roots Automation, a creator of advanced, intelligent Digital Coworkers for the insurance industry, has bagged $10m from a Series A raise.  

InsurTech company Insurance Lounge has closed a round of growth equity financing of $15m to speed up its plans for expansion.

Planck, a provider of an AI-powered data and analytics platform for insurance, has raised $23m in funding.  

Turaco, a distributor, broker and key customer interface between underwriter and end consumer, has bagged $10m from a Series A round.