Tag: venture capital

US InsurTech investment activity in freefall as funding declined 78% YoY

Key US InsurTech investment stats in H1 2024: US InsurTech market in a slump as funding dropped by 78% YoY Healthee secured the biggest...

CrashBay raises $1.25m boost for collision repair network

CrashBay, the first digital marketplace dedicated to transforming the collision repair industry, has successfully closed a funding round of $1.25m.

Erie Insurance’s corporate venture capital arm announces three new investments

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has revealed strategic investments in three cutting-edge portfolio companies: Wagmo, Roots Automation, and Trust & Will.

NEXT Insurance secures $265m partnership deal with Allstate and Allianz X

NEXT Insurance, a "leading technology-first small business insurer", has unveiled its strategic alliance with Allstate.

Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m...

Scription, an "Alberta-based InsurTech company", has successfully wrapped up its recent funding round, pulling in a substantial $2.5m.

Insurance, investment giant Prudential raises $300m venture fund through PruVen Capital...

Insurance and investment management giant Prudential Financial has launched a $300m venture capital fund, its first through subsidiary PruVen Capital.

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...

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

VC firms line up to help UiPath strike $7bn valuation through...

Robotic process automation software business UiPath has struck a $7bn valuation through a funding round from a string of venture capital and other investors.

IA Capital Group pulls in $150m for InsurTech fund trio

InsurTech-focused venture capital firm IA Capital Group has raised a total of $150m for three funds to invest in the various sectors of the...

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