Latest Funding Headlines
All the headlines from our Funding Topic Page, ordered by recency.
VC Firm Accel Raises $650M to Invest in AI, Cybersecurity Startups in Europe, Israel
May 14 2024 // Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new fund will be...
IICF’s Blazing the Trail Gala Raises $560,000 for Midwest Nonprofit Partners
May 9 2024 // Jodie Kaufman Davis of H.W. Kaufman Group honored for philanthropic and industry leadership CHICAGO, IL (May 8, 2024) – The Midwest Division of the Insurance Industry Charitable Foundation (IICF), a unique nonprofit...
Cyber Startup Wiz Raises $1B in Private Funds, Valued at $12B
May 8 2024 // U.S.-Israeli cloud cybersecurity startup Wiz said on Tuesday it raised $1 billion in a private funding round that values the four-year old company at $12 billion. Wiz, which has raised $1.9 billion since its founding in...
CyberSaint Raises $21M for Automating, Quantifying Cyber Risk Management
Mar 21 2024 // Boston-based cyber risk management firm CyberSaint reports it has raised $21 million in Series A funding led by Riverside Acceleration Capital. Additional participating investors include Sage Hill Investors, Audeo Capital,...
Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding
Mar 4 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
Embedded Business Insurance Agency Coverdash Raises $13.5 Million
Feb 29 2024 // Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding. Coverdash’s technology package gives businesses...
Insurtech Cake Completes $1.3M in Pre-Seed Funding
Feb 20 2024 // Cake, an insurtech based in Indianapolis, has announced the completion of a $1.3 million pre-seed funding round led by venture capital company Markd. Additional sponsors included 2ndF, Iridium Bloom LLC, 101 Weston Labs,...
Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding
Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
AI-Driven Insurance Platform Indemn Raises $1.9 Million
Feb 1 2024 // New York-based Insurtech platform Indemn announced it has closed a $1.9 million pre-seed funding round. The round was led by venture capital firm Markd, with participation from Afterwork Ventures, Everywhere Ventures, and...
Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk
Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...
Fla. Senate Panel Votes to Raise Citizens’ Policy Cap to $1M, End Glidepath for Some
Jan 17 2024 // The Florida Senate’s Banking and Insurance Committee on Tuesday approved a bill that would make the state-backed Citizens Property Insurance Corp. more like an insurer of last resort, unrestricted by premium caps –...
People Moves: Woodruff Sawyer in California Names Parsons National Private Equity & Venture Capital Group Leader
Dec 15 2023 // Woodruff Sawyer named Luke Parsons the firm’s national private equity and venture capital practice group leader. Parsons was previously senior vice president of Woodruff Sawyer’s private equity and due...
People Moves: Berry Joins Alliant as Venture Capital Leader, Executive Vice President
Dec 11 2023 // Dan Berry joined Alliant Insurance Services as venture capital leader, executive vice president, with Alliant M&A. Based in San Francisco, Berry previously served as private equity and venture capital group leader at...
Insurance Industry Charitable Foundation Raises Record $1.43 Million for Regional Nonprofits at 17th Annual Northeast Benefit Event
Dec 8 2023 // Liberty Mutual Honored with Double I Award for Philanthropic Influence and Impact NEW YORK (November 30, 2023) –The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping...
AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors
Oct 26 2023 // AgentSync doubles down on building the most modern and connected producer management and compliance solutions to provide flexibility in distribution channels for carriers, agencies, and MGAs DENVER, CO, October 26, 2023...
Cybersecurity, Insurance Platform Upfort in California Raises $8M Series A Funding
Oct 26 2023 // Upfort raised $8 million in a Series A funding round led by SYN Ventures, with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round. Upfort’s goal is to simplify the way brokers...
Insurtech Startup QuoteWell Comes Out of Stealth With $15M in Series A Funding
Oct 25 2023 // Tech-enabled commercial insurance wholesale brokerage QuoteWell announced its public launch to serve independent retail agents. Founded in 2021, the insurtech said it “helps agents who are often overlooked and given...
Commercial Fleet Insurtech Nirvana Secures $57M in Series B Funding
Oct 18 2023 // Nirvana Insurance announced a $57 million Series B funding round with Lightspeed Venture Partners investing again to lead the round, and additional participation from General Catalyst and Valor Equity Partners. The new...
California Restaurant Mutual Benefit Group Raises $100M
Oct 18 2023 // California Restaurant Mutual Benefit Corp. raised $100 million in capital over the past decade from its members and through fiscal controls. CRMBC is a California self-insured group that provides workers’...
India Insurance Startup Raises Funds at $650 Million Valuation
Oct 11 2023 // Indian startup InsuranceDekho has raised $60 million in Series B funding, driving the online insurance seller’s valuation to more than $650 million. Investors including Japanese giant Mitsubishi UFJ Financial Group...
