Latest Startups Headlines

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

Silicon Valley Fund Has $120M to Spend on Transportation Tech Including Insurance

Jul 13 2017 // Autotech Ventures, a Silicon Valley venture capital firm, said it had raised $120 million from automotive companies and financial investors for a fund that will invest in startups working on transportation services and...

Silicon Valley Honors Munich Re US and Mozeika for Insurtech Leadership

Jul 11 2017 // A Silicon Valley innovation platform that connects technology startups, corporations and investors has recognized Munich Re, US for leadership in the insurtech space. The high-tech incubator and mentoring group known as...

Looking at Insurtech the Wrong Way

Jul 10 2017 // Insurtechs stimulate a lot of debate among agents about the extent to which they pose a threat and what should be done to address it. Some dismiss the threat by analyzing flaws in a particular venture or mocking past...

Insurtech Startup Buys MGA in California with Aim of Delivering Product for Agents

Jul 10 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...

Symantec to Acquire Israeli Cyber Security Startup Fireglass

Jul 7 2017 // Symantec Corp. is acquiring Israeli cyber security startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats.Symantec is...

Startup Auto Insurer Root Expands by 2 States, Pairs with Lyft on Rental Coverage

Jul 6 2017 // Startup telematics-based auto insurer Root is now offering rental coverage in partnership with ridesharing firm Lyft. For policyholders with short-term needs for alternate transportation after an incident, Root will now...

As Agents’ Needs Change and Startups Emerge, Big ‘I’ Looks to Remain Relevant

Jun 26 2017 // Spencer Houldin is chairman of the nation’s largest and oldest agents’ association, the Independent Insurance Agents and Brokers of America (Big “I”). He is also co-president of the family-run...

Insurtech Startup Buys MGA in California with Product for Agents in Mind

Jun 22 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...

Bitcoin Startup, Blockchain, Raises $40M in New Funding from Heavy Hitters

Jun 22 2017 // Blockchain, the London-based bitcoin currency service provider, has raised $40 million of fresh funding, representing one of the largest investment rounds in the financial technology sector since Britain’s vote to...

Startup Next Insurance Closes Funding Round Worth $35 Million with Amex Aboard

Jun 21 2017 // Next Insurance, a digital insurance agency for small to medium businesses, announced that American Express Ventures has joined its previously announced Series A Round led by Munich Re/HSB Ventures.In May, Next reported the...

Startup Decisely: Insurtech ‘For Brokers, By Brokers’ Targets Small Business Benefits

Jun 16 2017 // Some see insurtech as the enemy. Others see it as a sign of things to come.Then there’s EPIC Insurance Brokers & Consultants, which is clearly embracing the insurtech craze while soliciting brokers to join them....

Uber’s Plans for Trucking Industry Hit Detours

Jun 16 2017 // Uber Technologies Inc.’s drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling...

With Insurer Backing, Home Sensor Startup Notion Raises $10 Million

Jun 14 2017 // Insurer XL Catlin’s venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet of Things-related startup focused on a low-cost remote smart home sensor for home security.XL...

Corporate Venture Arm of CNP Assurance Leads Investment in Blockchain Startup

Jun 9 2017 // U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop applications using blockchain technology, the Paris-based startup said on Thursday [June...

Bunker, Startup Broker for Small Business, Contractor Insurance, Raises $6 Million

May 11 2017 // Bunker, a startup digital insurance broker focused on independent contractors and small businesses, has raised $6 million in Series A funding that will help fuel product development and expansion. Hiscox and American...

Startup Lemonade Enters California Homeowners, Renters Insurance Markets

May 10 2017 // Insurance startup Lemonade is now selling homeowners and renters insurance in California.California marks the third state of entry for the insurtech that is built on artificial intelligence and behavioral economics. It...

Digital Property Inspection Startup Spex Gains J.S. Held as Backer

May 8 2017 // J.S. Held, a Jericho, N.Y.-based construction and property damage consulting firm, said it has become a majority owner in Spex, a digital property inspection and reporting platform for the property/casualty insurance...

Startup Next Insurance Raises $29 Million from Insurers, Other Investors

May 3 2017 // Next Insurance, a digital insurance company for small to medium businesses, said it has raised $29 million in a Series A funding round led by Munich Re/HSB Ventures along with Markel, Nationwide and other existing...

Study Finds Insurtech Funding Dips as Startups Launch; Predicts Small Business Disruption Ahead

May 2 2017 // Total insurtech funding in the first quarter of 2017 was down, but the drop-off could be a result of the significant investments in 2016 now reaching the product launch phase, according to a report by Willis Towers Watson...

Through the Roof: Drone Startup Cites Milestone of 6,000 Inspections

Apr 6 2017 // BetterView, an insurance technology startup that captures and analyzes data from drones, said it has performed more than 6,000 roof top inspections for insurers since its inception two years ago.San Francisco, California...