Latest Funding Headlines
All the headlines from our Funding Topic Page, ordered by recency.
Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M
Mar 28 2022 // Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million. The platform, launched in 2014, allows...
Cowbell Cyber Raises $100M in Latest Series B Funding
Mar 15 2022 // Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), secured $100 million in capital in its latest series B funding round. The capital raise was led by Anthemis Group with...
Insurtech MGA Loadsure Raises $11M to Expand Cargo Insurance Technology Platform
Mar 11 2022 // Insurtech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy, and logistics company, and existing investor...
Counterpart Raises $30 Million in Series B Funding Round
Mar 1 2022 // Counterpart, the management liability insurtech, announced raising $30 million in Series B growth financing led by Vy Capital, a global technology investment company that has backed leading companies such as Coalition and...
Insurance Technology: Nationwide Sponsors Homecare Robots; Trucker Platform Nirvana Raised $25M; DealerPolicy Rebrands as Polly; Dent.co Aids Auto Repairs
Feb 25 2022 // Nationwide Sponsors Labrador Retriever Robot Giant insurer Nationwide is partnering with an early-stage robotics company, Southern California-based Labrador Systems, on a multi-state pilot program with the Labrador...
UK Fintech Vitesse Raises $26M With Participation From Hannover Digital Investments
Feb 14 2022 // Vitesse PSP, the London-based fintech that specializes in digital solutions for global payments and counts numerous insurers among its customers, announced it has raised $26 million in Series B funding. The Series B...
India’s Life Insurance Corp. Files IPO Papers to Potentially Raise $8 Billion
Feb 14 2022 // State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its shares to potentially raise nearly $8 billion, dwarfing the biggest IPO in Asia’s third-largest...
Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion
Feb 11 2022 // FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital raise of $15 million. The round was led by Chicago-based Buoyant Ventures with...
Insurance Technology: Betterview Features Defensible Space; Clara Analytics Tackles Commercial Auto; Ascend Raises $30M for Premium Finance
Feb 8 2022 // Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote...
Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines
Feb 1 2022 // Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised $17 million five months ago, resulting in a total A round of $52 million. Sayata CEO...
Insurtech Descartes Underwriting Raises $120M to Expand Parametric Product Offering
Jan 31 2022 // Descartes Underwriting, the insurtech company that specializes in parametric natural catastrophe products, has announced a $120 million Series B funding round. Growth equity firm Highland Europe is leading the...
Insurtech Accelerant Raises $190 Million
Jan 28 2022 // InsurTech Accelerant raised more than $190 million at a $2 billion pre-money valuation in its latest funding round. Atlanta-based Accelerant serves a network of managing general underwriters (MGU) and program...
Comp Software Firm Zenjuries Raises $2 Million in Capital
Jan 25 2022 // Zenjuries, a workers’ compensation software company headquartered in South Carolina, announced it has raised $2.2 million in capital to grow the company and add more people to its app-based program. The company notes...
Multi-Family Property Insurtech Honeycomb Raises $15.4 Million, Plans Expansion
Jan 19 2022 // Digital insurance provider Honeycomb announced it has raised $15.4 million in a Series A funding and plans to expand into more states. The reinsurance-backed managing general agent (MGA) touts a technology stack for...
Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources
Jan 19 2022 // Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter. The sources could not be named as...
Transverse Insurance Completes $48M Capital Raise
Jan 11 2022 // New Jersey-based specialty insurer Transverse Insurance Group reported it has raised $48 million of additional capital to support expansion of its hybrid fronting insurance business. The $48 million raise was comprised of...
Israeli Cyber-Security Startup Pentera Raises $150M in Funding, Weighs IPO
Jan 11 2022 // Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion, the company told Reuters, adding it was eyeing an initial public offering in the...
Lighthouse Raises $65M for Debt Refi, Growth of Insurance Carrier
Dec 30 2021 // Lighthouse Management LLC has raised $65 million in capital, the company announced. The senior notes, issued in a private placement, will be used to refinance debt held by the group’s managing general agent, provide...
UK Brokerage Insurtech Eyes U.S. Expansion After $7.9M Capital Raise
Dec 20 2021 // A commercial insurance brokerage technology company that is up and running in the UK is targeting the U.S. after raising more than $7.9 million in a Series A funding round. Broker Insights, which is based in Scotland,...
Swiss Re-Backed FWD Raises $1.4 Billion, Weighs Hong Kong IPO
Dec 14 2021 // Billionaire Richard Li’s FWD Group Ltd. raised more than $1.4 billion in private placements with investors including an insurer backed by Apollo Global Management Inc. The investors include Apollo’s Athene...
