All the headlines from our Funding Topic Page, ordered by recency.
Sep 28 2021 // Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million [$72.8 million] from investors including G Squared and Japanese insurer Sompo Holdings...
Sep 27 2021 // Debt-laden China Evergrande Group may have another asset to sell in its scramble to raise cash: its fast-growing life insurance business.That’s according to Bloomberg Intelligence analyst Steven Lam, who says the...
Sep 27 2021 // Renaissance Insurance Group said on Monday it plans to list its shares on the Moscow Exchange and raise up to $290 million in an initial public offering (IPO), riding Russia’s emerging IPO wave.Russian IPO activity,...
Sep 23 2021 // Just Insure, a pay-per-mile insurance technology company that uses telematics to reward safe drivers and reduce insurer bias, announced it has raised $8 million, bringing its total funding amount to $15 million.The new...
Sep 20 2021 // Foxquilt, a Toronto-based insurtech, announced it has raised an $8 million financing round led by Luge Capital with participation from AmTrust Financial, Extreme Venture Partners and Side Door Ventures.The new capital will...
Sep 16 2021 // Ategrity Specialty Insurance Co. sad it has completed a $75 million capital raise led by Sequentis Financial LLC to support its continued growth.Ategrity is a Scottsdale, Arizona-based specialty property/casualty insurance...
Sep 14 2021 // Envelop Risk, the UK-based cyber re/insurance managing general agent, announced a Series B investment of $130 million, led by SoftBank Vision Fund 2.The financing will facilitate Envelop Risk’s plans to expand its...
Aug 30 2021 // OneDegree, a Hong Kong-based insurance technology company, raised $28 million in a new round of funding as the startup looks to expand in Asia.Sun Hung Kai & Co. and AEF Greater Bay Area Fund took part in the series B1...
Aug 27 2021 // Cyber insurance platform Sayata has raised $17 million in new venture capital and plans to expand to offer more specialty coverages.The startup’s platform automates the quote and bind process to help wholesale...
Aug 26 2021 // DealerPolicy, a digital insurance marketplace for retail car sellers and buyers, announced a $110 million Series C investment led by the growth equity business within Goldman Sachs Asset Management.The Vermont-based...
Aug 25 2021 // Startup Urbint, which promises its software can identify utility and telecommunications industry failures, damages, and worker injuries before they happen, has raised $60 million.Urbint CEO and founder Corey Capasso said...
Aug 4 2021 // Broomfield, Colo.–based managing general agent reThought Insurance announced the completion of a $15.5 million Series A investment round that will help fund its growth in the flood insurance market. Led by Telstra...
Jul 30 2021 // FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach.The company said it serves insurers in more than 40...
Jul 29 2021 // British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social Capital, Flock said on Thursday.Flock started out insuring commercial...
Jul 22 2021 // UVeye, a company that uses artificial intelligence to do fast vehicle inspections, has raised $60 million from investors including used car retailer CarMax Inc. and the insurer W.R. Berkley Corp.“The completion of...
Jul 16 2021 // BENGALURU – Indian digital payments leader Paytm, which counts Ant Group and Softbank among its backers, is seeking regulatory approval to raise up to 166 billion rupees ($2.23 billion) in one of the biggest stock market...
Jul 14 2021 // insurtech startup Lula plans to aggressively hire and expand its product capacity now that it has raised $18 million in new venture capital.Lula is an API (application programming interface) outfit that provides insurance...
Jul 1 2021 // Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion.The New York and Singapore-based...
Jun 29 2021 // Pathpoint, a digital excess and surplus lines insurance brokerage, reported that it has raised $30 million in funding.Investors include Caffeinated Capital, which led the round, and repeat investors including SciFi VC,...
Jun 18 2021 // Akur8, the Paris-based insurtech firm that automates insurance pricing, has closed a Series B funding round of $30 million, bringing its total funding to $42 million.This latest funding round will accelerate Akur8’s...