InsurTech & Digital Insurance Companies
Mea Platform 🇬🇧 
Indigo 🇺🇸 
Root Insurance 🇺🇸 
Rasan 🌐 
Azos 🇧🇷 
Igloo 🇸🇬 
ManyPets 🇬🇧 
Urban Jungle 🇬🇧 
Hippo 🇺🇸 
Laka 🇬🇧 Latest Deals in InsurTech & Digital Insurance
$12M
Insurtech company Qover secured a $12 million growth capital facility from CIBC Innovation Banking, bringing total funding to over $100 million. The company simplifies insurance across borders and aims to protect 100 million users by 2030.
QOVERInvestors: CIBC Innovation Banking
$12M
Qover, a European leader in embedded insurance orchestration, has secured a $12 million growth capital facility from CIBC Innovation Banking, marking its 10th anniversary and bringing total funding raised to over $1 million.Investors: CIBC Innovation Banking
$12M
Insurtech Qover has secured a $12 million growth capital facility from CIBC Innovation Banking, raising total funding to over $100 million. The company aims to simplify insurance across borders and currently protects 15 million users, targeting 100 million by 2030.Investors: CIBC Innovation Banking
$24M
Azos, a São Paulo, Brazil-based insurtech, raised $24 million in Series C funding led by Kaszek and Kevin Efrusy. The funds will enhance AI use in insurance platforms, increase automation, and improve customer experience.Investors: Kaszek, Kevin Efrusy
$3.375M
Insurtech Loxa has secured £2.7m in a seed funding round led by angel investors, including the Lazaroo-Hood Group. The funding will support EU expansion and enhance its retail network, aiming to provide tailored insurance solutions for various products.
LOXAInvestors: Lazaroo-Hood Group
$108M
Alan has raised €100 million ($116 million) in funding, valuing the company at €5 billion. The investment, led by Index Ventures, supports its health insurance platform, which serves over one million members across multiple countries, with a focus on AI integration.
ALANInvestors: Index Ventures
$108M
French insurtech Alan achieved a €5bn valuation after raising €100m led by Index Venture. The funding will support its growth in health insurance, targeting AI investments, despite recent net losses of €61m in 2023.Investors: Index Venture
KAYNA
$1.62M
Kayna, a cork, Ireland-based embedded insurance infrastructure provider, raised €1.5m (US$1.7m) in seed funding led by Delta Partners, with support from Middlegame Ventures and others. The funds will aid its market development in the United Kingdom.Investors: Delta Partners, Middlegame Ventures
$1.62M
Cork insurtech Kayna has raised €1.5m in a seed round led by Delta Partners to expand into the UK and US. The company offers an AI tool for insurance gap analysis, aiming to enable $1bn in transactions over five years.Investors: Delta Partners
$7.2M
General Magic secured $7.2 million in seed funding led by Radical Ventures to develop AI agents that streamline insurance processes. The funding aims to reduce time-to-quote significantly, enhancing customer engagement throughout the insurance lifecycle.
GENERAL MAGICInvestors: Radical Ventures
$14.2M
Los Angeles-based Handl Health raised $14.2 million in Series A funding led by Arthur Ventures. The startup aims to make employer-sponsored health insurance more accessible and affordable, helping customers save $113 million over two years.
HANDL HEALTHInvestors: Syndra Capital, DHVP, Riverfront, Arthur Ventures
$45.576M
MEA Platform, a UK-based insurtech company, raised €42.2 million ($50 million) from Scottish Equity Partners to enhance product development and customer engagement.Investors: Scottish Equity Partners
$45.576M
UK-based mea platform has secured a €42.2 million ($50 million) investment from Scottish Equity Partners to enhance its AI solutions for the insurance industry, aiming to reduce operational costs by up to 60%. The company has processed over €337.5 billion in gross written premium.Investors: Scottish Equity Partners
$45.576M
mea platform, a UK-based AI-native insurtech company, raised €42.2 million ($50 million) from Scottish Equity Partners to enhance product development and customer engagement. The company automates insurance operations, reducing costs by up to 60%, and has processed over €337.5 billion in gross written premium.Investors: Scottish Equity Partners
$75M
Swedish insurtech Lassie raised $75m in Series C funding to enhance its prevention-first pet insurance model. Key investors include Balderton Capital and Felix Capital. Lassie insures over 250,000 pets and aims to expand its services across Europe using AI-driven solutions.
LASSIEInvestors: Balderton Capital, Felix Capital
$75M
Stockholm-based pet insurance platform Lassie has raised $75 million in Series C funding to lead Europe's pet care and insurance market. The round included key investors like Balderton Capital and Felix Capital, marking one of the largest European insurtech financings of the year.Investors: Balderton Capital, Felix Capital
$68.256M
Lassie, a Stockholm-based pet insurer, raised €63.2 million ($75 million) in Series C funding to enhance AI capabilities and expand across Europe. Key investors include Balderton Capital and Felix Capital. The company aims to address rising vet costs with a prevention-first approach.Investors: Balderton Capital, Felix Capital
$68.148M
Lassie, a Stockholm-based pet insurer, raised €63.1 million ($75 million) in Series C funding to enhance AI capabilities and expand across Europe. Key investors include Balderton Capital and Felix Capital. The company aims to address rising vet costs with a prevention-first insurance model.Investors: Balderton Capital, Felix Capital