Latest Funding Headlines

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

‘Stripe-Like’ Insurance Management API Lula Raises $18 Million

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...

Insurtech Startup bolttech Raises $180 Million, Valuing Firm at More Than $1B

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...

Digital E&S Broker Pathpoint Raises $30 Million

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,...

Paris-Based Insurtech Akur8 Raises $30 Million for International Expansion

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...

Embroker, with Plan to Become Full-Stack Insurance Carrier, Raises $100M

Jun 9 2021 // Embroker, a digital broker focused on business insurance, aims to become a full-stack insurance carrier – an expansion of its strategy enabled by $100 million in new venture capital financing.The money infusion will help...

Odie Pet Insurance Agency Raises $3 Million

Jun 7 2021 // Odie Pet Insurance has closed on more than $3 million in new funding to accelerate its growth and invest in technology.California-based Odie Pet Insurance Marketing sells pet insurance plans underwritten by PrimeOne...

German Insurtech ELEMENT Raises $19.5M to Continue Growth

Jun 7 2021 // ELEMENT, the Berlin-based white-label provider of digital insurance solutions, has raised €16 million (US$19.5 million), in additional investment from existing and new investors.The additional capital will be used to...

German Insurtech Wefox Raises $650M in Funding, Valuing Firm at $3B

Jun 1 2021 // BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called insurtech company that valued the business at $3 billion.The...

Insurance Technology: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford

May 25 2021 // Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the hands of independent agencies.The new offering, MarketTrends, helps agencies identify coverage trends,...

Crypto Insurer Evertas Raises $5.8M in Seed Funding

May 25 2021 // Evertas, a cryptoasset insurance company, said it has raised nearly $5.8 million in seed funding, which it will use to accelerate product development, increase its insurance cap[a city and build out its infrastructure.The...

Waffle Raises $5M for Its ‘All-in-One’ Virtual Insurance Agency

May 21 2021 // The insurtech Waffle has raised $5 million in seed funding, with plans to offer cyber, renters, pet, travel and life insurance in the initial launch of its new virtual agency platform. Auto and home insurance are to be...

Insurance Comparison Site Jerry Raises $28 Million

May 20 2021 // Auto insurance comparison site Jerry has raised $28 million in new financing.The startup, which operates as a licensed insurance broker, plans to use the money to scale its signature product and pursue hiring, so it can...

China Insurtech Waterdrop Raises $360M in New York IPO: Reuters

May 7 2021 // Chinese online insurance technology firm Waterdrop Inc. has raised $360 million by pricing its shares at $12 a piece in its New York initial public offering (IPO), according to two sources with direct knowledge of the...

Agency Start-up Sigo Serving Latinx, Immigrant Drivers Raises $1.5M

Apr 27 2021 // A start-up managing general agency focused on auto insurance for underserved populations including immigrants and Latin Americans has raised seed funding to help it launch an initial product.Sigo pulled in $1.5 million in...

Insurers Warn Washington Court Ruling Will Raise Rates for a Million Consumers

Apr 26 2021 // Insurer groups expressed disappointment over a judge’s ruling denying an industry request to halt an emergency rule that temporarily bans the use of insurance credit scoring in Washington.The Independent Insurance...

Insurance Startup Clearcover Raises $200M, Creating Unicorn Valued at $1B: Reuters

Apr 13 2021 // Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will...

The Zebra Raises $150 Million to Expand Online Insurance Comparison Operations

Apr 13 2021 // Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building.“This investment is going to be used to grow our team and build our brand. We are...

Insurance Broker Acrisure Raises $3.45 Billion

Apr 5 2021 // Fast-growing global insurance brokerage Acrisure announced it has closed on two transactions representing a significant capital raise of $3.45 billion.BDT Capital Partners, a merchant bank, led a $3 billion investment...

Insurance Broker Acrisure Raises $3.45 Billion

Mar 24 2021 // Fast-growing global insurance brokerage Acrisure announced it has closed on two transactions representing a significant capital raise of $3.45 billion.BDT Capital Partners, a merchant bank, led a $3 billion investment...

Cyber Insurance Firm Coalition Raises $175M; Plans Commercial Lines Expansion

Mar 17 2021 // Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth and global expansion. The firm said it will use the funds to expand internationally as...