Tag: Investment
Target Global leads $42m round for Zego
European venture capital firm Target Global has led a $42m Series B funding round for London-based InsurTech Zego.
This latest round brings the company's total raised...
Online investing, trading app business Wealthsimple gets Allianz backing in C$100m...
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.
Admiral teams up with Oakley Capital to back two Spanish InsurTechs
British insurance major Admiral has partnered with European buyout house Oakley Capital to buy two digital insurance brokers Rastreator and Acierto.
The firm is set to...
UK InsurTech Artificial pulls in £4.2m for Seed round
London-based InsurTech Artificial has raised £4.2m for its seed funding round, as the company lays out its wider expansion plans.
The funding round was led...
Societe Generale Assurances partners with Roadzen to build contextual insurance player
Societe Generale Assurances has partnered with AI-based InsurTech Roadzen with the intention of building a ‘digital and contextual’ insurance player.
Through the deal, Roadzen will...
Chinese InsurTech Waterdrop Company raises $74.2m in Series B round
China-based InsurTech Waterdrop Company has raised almost RMB500m ($74.2m) through its Series B funding round.
Tech giant Tencent and Banyan Capital co-led the round with...
Wefox gathers $125m in Series B round as it eyes rest...
Berlin-based InsurTech Wefox has reportedly raised $125m for its Series B funding round led by Mubadala Ventures.
The Abu Dhabi government's venture arm used its newly...
It’s still a ‘minefield’ of challenges facing the InsurTech space
Getting InsurTechs to the point where they can test the product-market fit of their proposition is too prolonged and costly, according to InsurTech Gateway head of deal flow Charlie Evans.
Indio raises $20m in Menlo Ventures-led Series B round
San Francisco-based InsurTech Indio has raised $20m in its Series B funding round led by FinTech investor, Menlo Ventures.Menlo was joined in the round...
Hungarian InsurTech platform Netrisk.hu bought out by MCI Capital in €56.5m...
Hungarian InsurTech platform Netrisk.hu has been bought up by private equity firm MCI Capital.