All the headlines from our Funding Topic Page, ordered by recency.
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,...
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...
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...
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...
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...
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...
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...
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...
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...
Oct 13 2017 // The Indian government raised about 98 billion rupees ($1.5 billion) on Friday by selling some of its shares in General Insurance Corp of India (GIC Re), the nation’s top reinsurer, in the country’s biggest...
Oct 6 2017 // Clearsurance, a crowdsourced review, rating and educational platform for the insurance industry, has raised $4 million in a Series A funding round.The round was led by its co-founder, Michael Crowe, and includes Davis...
Oct 5 2017 // Slice Labs Inc., a company offering an on-demand insurance platform for rideshare and homeshare risks in the United States, has announced a Series A investment of $11.6 million led by XL Innovate, with participation from...
Oct 4 2017 // PremFina Ltd., a UK firm that provides software to insurance brokers, raised $36 million in its first round of funding as founder and serial entrepreneur Bundeep Singh Rangar seeks to expand the company.The equity and debt...
Sep 28 2017 // Chicago, Ill.-based Clearcover announced an initial funding round of $11.5 million led by Lightbank.Greycroft Partners, 500 Startups, Silicon Valley Bank, and other insurance and fintech investors also participated in the...
Sep 25 2017 // A government sale of Japan Post Holdings Co. stock raised $11 billion in the world’s second-biggest share sale this year, with the postal and financial giant’s attractive dividend yield helping drum up...
Sep 12 2017 // Liberty Mutual’s venture arm is among the investors backing the new $92 million funding round for Turo, a peer-to-peer car sharing marketplace.Dan Robinson, managing director of Liberty Mutual Strategic Ventures,...
Sep 8 2017 // ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57 billion rupees ($892 million), the latest listing in what is expected to be a record-setting year...
Aug 30 2017 // Insurtech startup, Sherpa, announced it has raised $2.3 million in funding from angel investors, in a venture designed to “change the way personal insurance is delivered.”“We have completely re-thought...
Aug 25 2017 // Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies.Aviva Ventures led the Series B financing; Desjardins Insurance and Fosun RZ...
Aug 22 2017 // For years, Kai-Fu Lee would share his venture capital firm’s office space in Beijing with startups he was backing so they could get advice and collaborate with each other. But about three months ago, the last of the...