Insurtech funding increased nearly 38% from Q4 2022 to Q1 2023, from about $1 billion to about $1.4 billion, according to a new analysis released by Gallagher Re. The U.S. leads France and the UK as the nation funding the …
Kin, the direct-to-consumer home insurance company, announced it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022. The investment came from Geodesic Capital, QED Investors, and additional investors, bringing the …
Goose Insurance Services announced that it closed a $4 million Series A funding round led by Axis Insurance Managers, with participation from Impression Ventures, Real Ventures, and Manchester Story. The Vancouver-based insurtech plans to use the funding to accelerate the …
omni:us, the Berlin-based provider of artificial intelligence-powered insurance claims automation, has closed its €12 million ($12.4 million) Series A+ expansion financing round with W&W subsidiary Württembergische Versicherung, as well as existing investors. With this financing, the company plans to further …
Funding for the insurtech sector held steady in the second-quarter of 2022, coming in at roughly $2.4 billion, the same as the overall funding figure recorded for first-quarter 2022, according to data released by CB Insights last week. The consistent …
A Brooklyn, New York-based managing general agency for the trucking and transportation sector has closed an $11 million Series A funding round, bringing the company’s total funding to date to $15.5 million. The round for Koffie Insurance was led by …
New York-based Noldor, said it recently closed on a $10 million seed funding round from a group of well-established insurance investors. According to CEO John Horneff, Noldor’s seed funding positions the company for long-term growth in using data to deepen …
Berlin insurtech wefox reports it has closed a Series D funding round of US$400 million and increased its valuation to US$4.5 billion. The round included both equity and debt. Abu Dhabi sovereign investor Mubadala Investment Co. led the equity portion …
Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role into a home protection advisor. The round was …
GloveBox, which provides independent agencies with a platform for aggregating insurance policy documents, regardless of carrier, in one centralized location, announced it has raised $5.5 million in Series A funding. The Denver-based insurtech serves as a client experience platform (CXP) …
