Latest Funding Headlines

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

German Insurtech Getsafe Raises Another $63M for Full Insurance License

Oct 8 2021 // Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash to fund its own insurance license by the end of 2021 and accelerate its European expansion.A number of new...

New Delhi-Based Insurtech Startup SafeTree Raises $1 Million in Seed Funding Round

Oct 4 2021 // New Delhi-based insurtech start up SafeTree has raised $1 million in its seed funding round from angel investors Shams Ahmed Parvaz and Faiz Shams. The startup aims to use the capital infusion to expand its team,...

Cyber Insurance and Security MGA Coalition Raises $205M

Sep 28 2021 // Coalition, a San Francisco-based cyber insurance and security company, has already been focused on rapid growth. Its new $205 million venture capital financing will help supercharge that strategy even further.Coalition...

Omaha National Raises $45M, Will Transition to Being Direct Workers’ Compensation Writer

Sep 28 2021 // Technology-enabled workers’ compensation and payroll services provider Omaha National Group, Inc. announced a $45 million Series B round led by Accomplice. The company said it plans to use the funds to support its...

Australia Insurtech Startup Cover Genius Raises Funds, Boosting Valuation to A$1 Billion

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...

Debt-Laden China Evergrande Could Raise $600M by Selling Life Insurance Stake

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...

Russia’s Renaissance Insurance Plans to Raise Up to $290M in IPO on Moscow Exchange

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,...

Just Insure Raises $8M to Grow Pay-Per-Mile Auto Insurance Platform

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...

Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada

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...

E&S Insurer Ategrity Raises $75M, Plans Further Expansion

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...

Cyber Re/Insurance MGA, Envelop Risk, Announces $130 Million Series B Financing

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...

Hong Kong’s OneDegree Raises $28 Million in New Round of Funding

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...

Commercial Lines Sales Platform Sayata Raises $17M to Expand Beyond Cyber

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...

DealerPolicy Raises $110M for Embedded Insurance for Retail Auto Sales Industry

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...

Startup Raises $60M to Flag Infrastructure Damage, Injuries Before They Happen

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...

reThought in Colorado Raises $15.5M in Series A Funds

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...

Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion

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...

British On-Demand Drone Insurer Flock Raises $17 Million in Funding

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...

W.R. Berkley-Backed Vehicle Inspection Firm UVeye Raises $60M in New Round

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...

Update: India’s Digital Payments Startup Paytm Seeks to Raise $2.23 Billion in IPO

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...