All the headlines from our Funding Topic Page, ordered by recency.
Jul 12 2022 // Berlin insurtech wefox reports it has closed a Series D funding round of US$400 million and increased its valuation to US$4.5 billion.The round included both equity and debt. Abu Dhabi sovereign investor Mubadala...
Jul 11 2022 // Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role into a home protection...
Jul 8 2022 // InsurTech Fund, a venture capital fund associated with InsurTech NY, has announced that it will be accepting applications for its first Digital MGA Lab, a three-month program focused on managing general agents.The program...
Jul 8 2022 // Coalition announced it has raised an additional $250 million to accelerate its growth, power international expansion and broaden the services it offers to help organizations manage digital risk.This funding round closed in...
Jul 7 2022 // GloveBox, which provides independent agencies with a platform for aggregating insurance policy documents, regardless of carrier, in one centralized location, announced it has raised $5.5 million in Series A funding.The...
Jun 30 2022 // Spot, an Austin, Texas-based tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt. The round was led by Ensemble VC, with...
Jun 28 2022 // The Travelers Companies reported that the 2022 Travelers Championship generated more than $2.5 million for more than 130 charitable organizations.Since Travelers became title sponsor in 2007, the event has raised more than...
Jun 24 2022 // Canada’s Brookfield Asset Management said on Wednesday it had raised $15 billion for its first impact fund focused on the global transition to a net-zero carbon economy.The fundraise comes at a time when investors...
Jun 9 2022 // Columbus, Ohio-based auto and home insurer Branch reported a $147 million Series C funding, which it says brings its valuation to $1.05 billion.Branch, launched in 2019, is a full-stack insurance company that uses data,...
Jun 2 2022 // Workers’ compensation insurtech Hourly has raised $27 million in a series A seed round.The platform lets employers with hourly workers run payroll, track time and attendance, and manage workers’ compensation...
Apr 13 2022 // Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders...
Apr 11 2022 // BMS Capital Advisory (BMS CA) announced it has completed a $45 million private placement of surplus notes issued by Brotherhood Mutual Insurance Company (Brotherhood) to funds managed by Dekania Capital Management, an...
Mar 28 2022 // Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million.The platform, launched in 2014, allows customers...
Mar 15 2022 // Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), secured $100 million in capital in its latest series B funding round.The capital raise was led by Anthemis Group with...
Mar 11 2022 // Insurtech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy, and logistics company, and existing investor...
Mar 1 2022 // Counterpart, the management liability insurtech, announced raising $30 million in Series B growth financing led by Vy Capital, a global technology investment company that has backed leading companies such as Coalition and...
Feb 25 2022 // Nationwide Sponsors Labrador Retriever RobotGiant insurer Nationwide is partnering with an early-stage robotics company, Southern California-based Labrador Systems, on a multi-state pilot program with the Labrador...
Feb 14 2022 // Vitesse PSP, the London-based fintech that specializes in digital solutions for global payments and counts numerous insurers among its customers, announced it has raised $26 million in Series B funding.The Series B...
Feb 14 2022 // State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its shares to potentially raise nearly $8 billion, dwarfing the biggest IPO in Asia’s third-largest...
Feb 11 2022 // FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital raise of $15 million.The round was led by Chicago-based Buoyant Ventures with San...