Tag: Investment

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.

State Auto Labs launches $25m venture fund to back InsurTechs, FinTechs

State Automobile Mutual Insurance innovation department State Auto Labs has launched a $25m venture fund to invest into InsurTech and FinTech companies.

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