All the headlines from our Funding Topic Page, ordered by recency.
Sep 9 2019 // Root Insurance, which uses smartphone technology to gauge driver behavior and price policies, said it has raised $350 million in Series E funding. Root has now raised a total of $523 million in funding, with an additional...
Aug 29 2019 // Kin Insurance, an insurtech startup focused on home insurance in catastrophe-prone regions, said it has raised $47 million in new venture financing to fuel expansion and a revamped business model.August Capital led the new...
Jul 23 2019 // Brit Ltd. announced that James Birch has been appointed to the newly created role of head of Innovation.Reporting to CEO Matthew Wilson, Birch started his new role on July 22. Birch will be responsible for managing the...
Jul 18 2019 // ProSight Global Inc. announced its IPO terms, which include expectations of raising at least $140 million.The specialty insurer said the company’s initial public offering would involve more than 8.8 million shares of...
Jul 8 2019 // European startup Dott has secured 30 million euros ($34 million) in a fundraising led by existing investors EQT and South Africa’s Naspers to launch an electric bike hiring business and roll out new generations of...
Jun 18 2019 // Fixico, the Amsterdam-based digital platform for car damage repair, has raised €7 million ($7.9 million) to grow its international footprint and fleet and insurance partnerships.The technology company offers a digital...
May 24 2019 // VOOM, the Tel Aviv-based on-demand, telematics-based insurance platform for drones and other specialized mobility services such as e-scooters, announced it has closed a $5 million Series A funding round.The round was led...
May 20 2019 // Virtual insurance claims services company Snapsheet has closed on $29 million in Series E funding. The company said it will use the funds to expand beyond auto into all lines of property/casualty insurance and expand...
May 9 2019 // Coalition, a San Francisco-based cyber insurance agency for small and midsize businesses, said it has closed a $40 million funding round. Ribbit Capital led the investment with participation from Greenoaks Capital and...
May 6 2019 // Veruna, a Massachusetts-based insurance technology developer of an agency management system built on the Salesforce platform, said it completed a $6 million Series A funding round. Founded in 2015, Veruna offers a...
Apr 22 2019 // Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate...
Apr 16 2019 // Starr Companies and Allstate have contributed to an $18 million financing round for Amenity Analytics, a startup developing cloud-based analytics designed to help businesses analyze text on a massive scale.The New...
Apr 11 2019 // Lemonade, the insurance company built around artificial intelligence and behavioral economics, announced the signing of a $300 million Series D funding round led by SoftBank Group with participation from Allianz, General...
Apr 10 2019 // Digital insurance broker Embroker announced its $28 million Series B funding round.Embroker said it will use the funding to scale adoption of its insurance management platform, data-driven service offering, and proprietary...
Apr 4 2019 // IA Capital Group, an insurtech-focused venture capital firm, said it has raised $150 million across three funds.The three funds are Inter-Atlantic Stonybrook Insurtech Ventures, focusing on property/casualty insurtech;...
Mar 28 2019 // Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give insurers and brokers the ability to assess the cyber risk of small and medium sized...
Mar 26 2019 // Insurance Acquisition Corp., company sponsored by Cohen & Co. and formed for the purpose of acquiring or merging with insurance firms, completed an initial public offering that raised gross proceeds to the company of...
Mar 11 2019 // State-owned Brazilian bank Caixa Economica Federal is hoping to raise 15 billion reais ($3.88 billion) through the listing of four of its subsidiaries, chief executive Pedro Guimaraes told newspaper O Globo in an interview...
Mar 6 2019 // Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims...
Mar 5 2019 // Pie Insurance, an insurtech selling workers’ compensation coverage online to small businesses, has completed a $45 million Series B funding round. Participating investors included SVB Capital, Sirius Group,...