Latest Funding Headlines

All the headlines from our Funding Topic Page, ordered by recency.

Argentina Fintech Ualá Raises $300 Million in Round Led by Allianz X

Nov 13 2024 // Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest funding haul for one of the most valuable startups in Latin America.The Series E round was led by Allianz...

Venture Capital Fund Ends Grant Program for Black Women After Lawsuit

Sep 13 2024 // An Atlanta-based venture capital fund on Wednesday agreed to stop operating a program that awarded grants to small businesses run by Black women to settle a lawsuit by an anti-affirmative action group that claimed it...

Texas-Based Insurtech Sigo Seguros Raises $5.1M in Pre-Series A Funding

Sep 10 2024 // Sigo Seguros, a Texas-based insurtech company that focuses on providing auto insurance services for immigrant and working-class communities, announced it has raised an additional $5.1 million in its pre-Series A funding...

Cowbell Secures $60M Series C Funding From Zurich

Jul 30 2024 // Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced on July 26 that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a global multiline...

Insurance Broker TWFG Aims to Raise Up to $176M in IPO

Jul 10 2024 // Insurance broker TWFG, backed by reinsurer RenaissanceRe, said on Tuesday it is aiming to raise as much as $176 million in its initial public offering in the United States.TWFG is offering 11 million shares at a price...

VC Firm Accel Raises $650M to Invest in AI, Cybersecurity Startups in Europe, Israel

May 14 2024 // Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity.The new fund will be...

IICF’s Blazing the Trail Gala Raises $560,000 for Midwest Nonprofit Partners

May 9 2024 // Jodie Kaufman Davis of H.W. Kaufman Group honored for philanthropic and industry leadershipCHICAGO, IL (May 8, 2024) – The Midwest Division of the Insurance Industry Charitable Foundation (IICF), a unique nonprofit...

Cyber Startup Wiz Raises $1B in Private Funds, Valued at $12B

May 8 2024 // U.S.-Israeli cloud cybersecurity startup Wiz said on Tuesday it raised $1 billion in a private funding round that values the four-year old company at $12 billion.Wiz, which has raised $1.9 billion since its founding in...

CyberSaint Raises $21M for Automating, Quantifying Cyber Risk Management

Mar 21 2024 // Boston-based cyber risk management firm CyberSaint reports it has raised $21 million in Series A funding led by Riverside Acceleration Capital.Additional participating investors include Sage Hill Investors, Audeo Capital,...

Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding

Mar 4 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...

Embedded Business Insurance Agency Coverdash Raises $13.5 Million

Feb 29 2024 // Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding.Coverdash’s technology package gives businesses...

Insurtech Cake Completes $1.3M in Pre-Seed Funding

Feb 20 2024 // Cake, an insurtech based in Indianapolis, has announced the completion of a $1.3 million pre-seed funding round led by venture capital company Markd. Additional sponsors included 2ndF, Iridium Bloom LLC, 101 Weston Labs,...

Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding

Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...

AI-Driven Insurance Platform Indemn Raises $1.9 Million

Feb 1 2024 // New York-based Insurtech platform Indemn announced it has closed a $1.9 million pre-seed funding round.The round was led by venture capital firm Markd, with participation from Afterwork Ventures, Everywhere Ventures, and a...

Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk

Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...

Fla. Senate Panel Votes to Raise Citizens’ Policy Cap to $1M, End Glidepath for Some

Jan 17 2024 // The Florida Senate’s Banking and Insurance Committee on Tuesday approved a bill that would make the state-backed Citizens Property Insurance Corp. more like an insurer of last resort, unrestricted by premium caps –...

People Moves: Woodruff Sawyer in California Names Parsons National Private Equity & Venture Capital Group Leader

Dec 15 2023 // Woodruff Sawyer named Luke Parsons the firm’s national private equity and venture capital practice group leader. Parsons was previously senior vice president of Woodruff Sawyer’s private equity and due...

People Moves: Berry Joins Alliant as Venture Capital Leader, Executive Vice President

Dec 11 2023 // Dan Berry joined Alliant Insurance Services as venture capital leader, executive vice president, with Alliant M&A. Based in San Francisco, Berry previously served as private equity and venture capital group leader at...

Insurance Industry Charitable Foundation Raises Record $1.43 Million for Regional Nonprofits at 17th Annual Northeast Benefit Event

Dec 8 2023 // Liberty Mutual Honored with Double I Award for Philanthropic Influence and ImpactNEW YORK (November 30, 2023) –The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping...

AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors

Oct 26 2023 // AgentSync doubles down on building the most modern and connected producer management and compliance solutions to provide flexibility in distribution channels for carriers, agencies, and MGAsDENVER, CO, October 26, 2023 —...