Latest Funding Headlines

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

IICF Midwest Division Raises Over $400K for Regional Nonprofits

Mar 16 2018 // The Insurance Industry Charitable Foundation (IICF) says more than $400,000 was raised for the IICF Midwest Community Grants Program at its 7th annual Midwest Division Blazing the Trail Benefit, on March 8 in Chicago.More...

Personal Insurance Site Gabi Raises $9.5 Million; Now Selling in 6 States

Feb 21 2018 // San Francisco-based personal insurance shopping site Gabi has raised $9.5 million in Series A funding, led by Canvas Ventures. Also joining the round are Correlation Ventures, Northwestern Mutual Future Ventures, Securian...

IICF Raises Over $900K for Nonprofits in Texas and the Region

Feb 9 2018 // The Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities and enrich lives, announced that 650 insurance professionals and industry supporters...

Digital Commercial Insurance Broker Platform Indio Raises $6 Million

Feb 6 2018 // Indio Technologies, a digitized commercial insurance platform for agents and brokers, said it has raised $6 million in Series A financing, led by 8VC, to expand the capabilities of Indio’s digital platform and...

Japan’s Peer-to-Peer Vouch Insurtech Raises Seed Funding

Feb 5 2018 // Taiwan venture capital firm Nogle Capital Management, Singapore venture capital firm GREE Ventures and several angel investors have participated in the seed funding round of SGD$1 million for Singapore startup Vouch...

Casualty Catastrophe Modeler Praedicat Raises $6 Million

Jan 31 2018 // Praedicat said it has completed a $6 million, early-stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that prepare insurers and other...

UK Insurtech Startup Inzura Raises $1M for International Growth Plans

Jan 31 2018 // Inzura, the London-headquartered insurtech startup, announced the completion of its first major funding round, raising US$1 million to pursue its “ambitious growth plans.”The funds will be used to accelerate...

Cyber VC Firm, Advised by Ex-Intelligence Officials, Plans Europe M&As

Jan 26 2018 // A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cyber security specialist.C5 Capital aims to create a regional managed security...

Canada Fintech Firm Ratehub Raises $12M to Grow Insurance & Mortgage Offerings

Jan 17 2018 // Canadian financial technology company Ratehub Inc. has raised a $12 million Series A investment led by Elephant, a venture capital firm. Participating in the funding round was Simon Nixon, co-founder of UK-based financial...

IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala

Jan 8 2018 // The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala...

Armour Raises $500 Million to Create Bermuda Reinsurer, Armour Group Ltd.

Jan 4 2018 // Armour, a Bermuda-based P/C run-off insurance business, announced it has raised up to $500 million to form a reinsurance group called Armour Group Ltd.The equity commitments were made in partnership with an investor group...

China’s Fosun Plans to Raise $3.2B to Boost Domestic M&A: Sources

Dec 29 2017 // Fosun Group is planning to raise as much as 21 billion yuan ($3.2 billion) selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments inside the country,...

China’s Ride-Hailing Firm Didi Raises $4B to Expand Overseas, Challenging Uber

Dec 22 2017 // Chinese ride-hailing firm Didi Chuxing Technology Co. on Thursday said it has raised $4 billion in funds earmarked for expansion overseas and into areas such as artificial intelligence (AI), as it looks to challenge Uber...

IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala

Dec 22 2017 // The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala...

Lemonade Raises $120 Million Led by the SoftBank to Fund Global Expansion

Dec 19 2017 // Digital insurer Lemonade Inc., announced a $120 million Series C funding round led by the SoftBank Group, with participation from existing investors.The insurance company that is run by artificial intelligence and...

Artificial Intelligence Startup Cytora Raises $5.9M from QBE, Starr, Other Investors

Dec 6 2017 // Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE’s venture capital arm and Starr Cos.QBE Ventures, Starr Global Holding, Cambridge Innovation...

Louisiana Golf Tournament Raises over $35K for Children of Workers Killed or Disabled on the Job

Nov 7 2017 // The fourteenth annual LWCC Kids’ Chance invitational golf tournament raised over $35,000 for the Louisiana Bar Foundation (LBF) Kids’ Chance Scholarship Program.The Kids’ Chance Scholarship Program...

AmTrust Selling Stake in Certain Units to Raise $950M

Nov 7 2017 // AmTrust Financial Services will make about $950 million by selling a majority equity interest in some of its U.S.-based fee businesses including managing general agencies and warranty third-party administrators to private...

Insurtech Startup, Insurdata, Raises More Than $1M in Seed Financing

Oct 24 2017 // Insurdata, an insurtech firm that provides re/insurance underwriters with property-specific data to support their pricing, underwriting and portfolio management decisions, announced it has raised over $1 million in seed...

Woodruff-Sawyer in California Names Berry Leader of Private Equity and Venture Capital Group

Oct 19 2017 // Woodruff-Sawyer & Co. has named Dan Berry leader of the firm’s private equity and venture capital group. Berry is a senior vice president and partner in Woodruff-Sawyer. He joined the firm in 2011 and has...