All the headlines from our Funding Topic Page, ordered by recency.
Aug 3 2020 // CoverWallet, an Aon company and digital insurance platform for businesses, has launched a digital insurance product for venture capital (VC)-backed startups. The new management liability package offers VC-backed startups...
Jul 21 2020 // Hippo Enterprises Inc., hot on the heels of rival home insurance technology business Lemonade Inc. going public, has closed a $150 million financing round.The Palo Alto, California-based startup is valued in the investment...
Jul 9 2020 // A Canadian insurtech focused on small business insurance said it raised $3.5 million in seed financing.Foxquilt, a Toronto-based MGA startup, said the funding will help it become a full-service insurance provider with a...
Jul 2 2020 // Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319 million in its U.S. initial public offering.[inline-ad-1] Shares of the company opened at $50.06...
Jun 25 2020 // Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up to $286 million in its U.S. initial public offering (IPO), as the IPO market gains momentum after...
Jun 24 2020 // Boston-based Openly, a platform that sells upmarket homeowners insurance through independent agents, said it has closed a $15 million Series A investment.The round was led by Obvious Ventures, with participation from...
Jun 19 2020 // Fidelis Insurance Holdings Ltd. announced it has issued $300 million of senior notes, which comes on the heels of last week’s equity funding of $500 million and the $300 million raised by the re/insurer in...
Jun 10 2020 // Fidelis Insurance Holdings Ltd. announced it has raised $500 million of equity capital from existing investor relationships.On top of the $300 million raised by the company in February, Fidelis has now secured $800 million...
May 28 2020 // Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments.Gallatin Point Capital joined the insurtech’s current investors in the capital raise,...
May 22 2020 // Shares of SelectQuote Inc. jumped more than 40% in their stock market debut on Thursday, giving the insurance policy comparison website a market valuation of over $4 billion.The company’s stellar offering is the...
May 21 2020 // Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture financing earlier this year to fuel development of new products and a global...
May 20 2020 // San Francisco, Calif.-based Coalition, a cyber insurance and security company, announced it has raised $90 million in equity capital to support its growth and global expansion.Valor Equity Partners led the funding with...
May 19 2020 // Beazley, the Lloyd’s specialist insurer, announced it raised £247 million (approximately $300 million) in capital via an equity placement designed to strengthen its balance sheet as a result of the continuing...
May 18 2020 // SelectQuote Inc. said on Friday it was looking to raise about $342 million in an initial public offering that could value the owner of the insurance policy comparison website at more than $3 billion.The company will offer...
May 15 2020 // Envelop Risk, the UK cyber underwriting and risk analytics business, announced a Series A investment of approximately $6 million.The funding round was led by artificial intelligence specialist investor Alpha Intelligence...
May 6 2020 // Lloyd’s insurer Hiscox has successfully raised capital of approximately £375 million (US$465 million) as a result of an equity placement of new ordinary shares.The company announced the equity placing on May 5,...
Apr 13 2020 // Portland Public Schools in Oregon will pay $410,000 to a former employee who said she was fired for raising red flags over a lack of safety for seventh-graders working with dangerous equipment including band saws and nail...
Mar 25 2020 // Cincinnati, Ohio-based insurtech Coterie, which specializes in commercial insurance, has closed an oversubscribed Series A financing round totaling $8.5 million from RPM Ventures, Allos Ventures, and others.The company...
Mar 10 2020 // INSTANDA, the London-based customer and policy management platform for the insurance industry, has completed a $19.5 million Series A fundraising round, the company announced.Led by Assembly Capital Partners, the...
Feb 12 2020 // Fidelis Insurance Holdings Ltd. announced it has raised approximately $300 million of equity capital from a combination of its existing shareholders and a wholly owned subsidiary of the Abu Dhabi Investment Authority...