Tag: Unicorn

Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.

Go Digit General Insurance, a leading InsurTech unicorn backed by major investors,  has launched its initial public offering (IPO) to raise funds for strengthening its solvency ratio and capital reserves.

Kin Insurance, the pioneering digital, direct-to-consumer home insurance company, has secured $15m in financing to take its value passed $1bn and secure the highly-coveted Unicorn status.

Berlin-based InsurTech company wefox has closed its Series D funding round on $400m, bringing its valuation to $4.5bn.

Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.

Indian InsurTech unicorn Digit Insurance has reportedly raised INR 417 crore ($54.6m) in fresh funding, which brings its valuation to $4bn.

Betterfly, which claims to have become the first Latin American “social” unicorn, has raised $125m in its Series C funding round.Glade Brook Capital led...

Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.

Tractable has released a new AI solution that can assess a vehicle’s external condition and possible damage within minutes.

US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.