InsurTech & Digital Insurance Companies
Latest Deals in InsurTech & Digital Insurance
$45M
ManageMy, a Charlotte, NC-based company, raised $45 million in funding, including $20 million in a Series B round co-led by Ventura Capital and OCVC. The platform helps insurers manage policies effectively.Investors: Ventura Capital, OCVC
$18.75M
Fintech unicorn Zilch co-founder Sean OโConnor raised ยฃ15 million for his insurtech venture ManageMy, now based in the United States. The Series B funding, led by Ventura Capital, totals $45 million, aiming to modernize insurance customer engagement and decision-making.Investors: Ventura Capital
$41.25M
Artificial Labs has raised ยฃ33 million in a Series B funding round led by Commerzventures and Move Capital Fund I. The investment will help the company scale its digital broking and underwriting technology for the insurance market, addressing efficiency issues.Investors: Commerzventures, Move Capital Fund I
$45M
London-based insurtech company Artificial Labs has raised $45 million in a Series B funding round led by Commerzventures. The funding aims to scale its digital platform for commercial and specialty insurance, addressing long-standing inefficiencies in the market.Investors: Commerzventures
$50M
Indigo, an AI-driven medical liability platform based in Miami, raised $50 million in a Series B funding round led by Rubicon Founders and Town Hall Ventures. The funds will enhance its underwriting platform, benefiting nearly 1,000 providers and improving coverage decisions.Investors: Rubicon Founders, Town Hall Ventures
$50M
Indigo, an AI-driven medical liability platform based in Miami, raised $50 million in a Series B funding round led by Rubicon Founders and Town Hall Ventures. The funds will enhance its underwriting platform, improving coverage decisions for nearly 1,000 providers nationwide.Investors: Rubicon Founders, Town Hall Ventures
$50M
Indigo, an AI-driven medical liability platform based in Miami, raised $50 million in a Series B funding round led by Rubicon Founders and Town Hall Ventures. The funds will enhance its underwriting platform, improving coverage decisions for nearly 1,000 providers nationwide.Investors: Rubicon Founders, Town Hall Ventures
$3.125M
UK-based startup Lateral has secured ยฃ2.5 million in seed funding to provide health and wealth products for the over 60s, addressing the needs of over 14 million people. The funding round was led by Augmentum, with support from Triple Point and TinyVC.Investors: Augmentum, Triple Point, TinyVC
$3.125M
Lateral, a London-based startup, has secured ยฃ2.5 million in seed funding from Augmentum, Triple Point, and TinyVC to address the ยฃ1.6bn self-pay market for those over 60. Their first product, the Lateral Health Plan, aims to simplify healthcare navigation for this demographic.Investors: Augmentum, Triple Point, TinyVC
$200M
Virginia-based Ethos Technologies raised about $200 million in its IPO, valuing the company at roughly $1.2 billion. The platform simplifies life insurance purchasing, helping over 500,000 families, with strong growth in revenue and support from major investors like Sequoia Capital and SoftBank.Investors: Sequoia Capital, SoftBank
$1.77M
Mantas, a Dubai-based provider of parametric insurance for cloud outages, raised $1.77 million in seed funding from investors including Nuwa Capital and Suhail Ventures. The funds will support product development and customer deployments in the MENA region and North America.Investors: Nuwa Capital, Suhail Ventures
$1.77M
Mantas raised $1.77 million in a pre-seed funding round to launch parametric insurance for cloud outages, addressing the financial risks of cloud downtime. Key investors include Nuwa Capital and Plus VC, supporting product development and customer deployments in the MENA region and North America.Investors: Nuwa Capital, Plus VC
$1.77M
Digital risk insurance startup Mantas raised $1.77 million in a seed round to provide parametric insurance for businesses affected by cloud outages. Key investors include Nuwa Capital and Suhail Ventures. The solution offers immediate payouts during service interruptions, enhancing financial security for cloud-dependent enterprises.Investors: Nuwa Capital, Suhail Ventures
$5M
Tokio Marine invested $5 million for a 1.65% stake in Singapore-based insurtech Igloo, enhancing its retail insurance focus in Indonesia. Igloo has facilitated over 600 million insurance policies and aims for breakeven by early next year.Investors: Tokio Marine
$21.6M
Paris-based Stoรฏk raised โฌ20 million in a Series C funding round co-led by Impala and Opera Tech Ventures. The insurtech specializes in cyber risk coverage for SMEs, helping them manage incidents effectively. The funding will support growth and investment in AI technologies.Investors: Impala, Opera Tech Ventures
$21.6M
Paris-based Stoรฏk has raised โฌ20 million in a Series C funding round co-led by Impala and Opera Tech Ventures. The insurtech company focuses on cyber risk coverage for SMEs, providing integrated protection and response capabilities, and aims to expand its offerings and AI technologies.Investors: Impala, Opera Tech Ventures