All the headlines from our Funding Topic Page, ordered by recency.
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Mar 12 2021 // The Machinists Union is providing more than $61,000 to help a shipbuilder recover from a gruesome injury at Bath Iron Works.Garrett Bailey was injured on Jan. 23, and the contributions came from a collection from...
Mar 10 2021 // AgencyMVP, an online platform that identifies prospects for property/casualty insurance agencies, has received $3.5 million in seed funding from Silverton Partners.The firm has also added to its leadership team. With this...
Mar 5 2021 // Damage costs and economic losses from the intense winter storm that hit the country in mid-February may rise to as much as $130 billion in Texas alone, according to AccuWeather. That figure is up from the $50 billion to...
Mar 3 2021 // Oscar Health Inc., a health insurance startup backed by Google parent Alphabet Inc., sold shares in its initial public offering (IPO) on Tuesday at $39 apiece, above its target range, to raise $1.2 billion.The IPO gives...