AI-driven insurtech COVU raised $12.5 mn in Series A funding
AI-driven insurtech COVU has raised $12.5 mn through equity and debt financing in its first Series A funding round led by Benhamou Global Ventures (BGV)
InsurTech News
AI insurtech Stream Claims sequred $5.3 mn in seed funding
Insurtech startup Stream Claims, specializing in AI-powered medical document review for workers’ compensation, sequred $5.3 mn in seed funding
Insurtech Qantev raised €30 mn funding led by Blossom Capital
AI-powered claims management insurtech for health and life insurers Qantev has raised €30 mn in new funding led by Blossom Capital
Insurtech Herald secured $12 mn in Series A funding
Insurtech Herald has secured $12 mn in Series A funding co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with participation from Afore Capital and Underscore Venture Capital
Agentech, AI workforce solution for insurance claims, raised $3 mn
Agentech, an AI-powered workforce solution for insurance claims, raised $3 mn in seed funding in just 30 days. This funding will support their expansion into Property & Casualty
Insurtech Hippo appointed William Malone as Vice President & Head of Agency
Home insurtech Hippo has appointed William Malone as Vice President and Head of Agency. Malone, with 25 years of industry experience, will oversee sales, account management
Adaptive Insurance launched GridProtect, climate risks protect product
Adaptive Insurance, a new parametric insurtech platform powered by AI, has launched with the goal of transforming how businesses protect against climate risks
Ondo Insurtech partnered with NFU Mutual to introduce LeakBot
Ondo Insurtech has partnered with the National Farmers Union Mutual Insurance Society Limited (NFU Mutual) to introduce its LeakBot technology to the insurer’s customers
Insurtech Optalitix sequred $3 mn funding round led by Calculus Capital
London-based insurtech Optalitix, a software provider for insurance and finance, secured a $3 mn follow-on funding round led by Calculus Capital, with participation from 24 Haymarket and others
Insurtech Akur8 sequred $120 mn in Series C funding
French insurtech Akur8 has sequred $120 mn in Series C funding, bringing its total investment to $180 mn and its valuation to $400mn, led by One Peak with Partners Group and Guidewire Software
Insurtech Koltin sequred $7.3 mn in Series A funding
Koltin, a Mexican insurtech focusing on private health insurance for seniors, secured $7.3mn in Series A funding. Left Lane Capital led the round, with its Vice President, Rachel Schow, joining Koltin’s board of directors
Insurtech Onsurity raised an additional $21 mn in Series B
Onsurity, an insurtech startup focused on SMEs, raised an additional $21mn in its Series B round, bringing the total to $45mn. Private equity firm Creaegis led the funding
French insurtech Alan reached a €1.4 bn valuation after latest Series D funding
French healthcare insurtech Alan has reached a €1.4bn ($1.7bn) valuation after its latest Series D funding round. Founded in 2016, Alan aims to bring transparency and fairness to healthcare through
Risk Administration Services leverages CLARA Analytics technology
CLARA Analytics announced that Risk Administration Services will leverage its technology to enhance its claims processes
AI-Insurtech Roots Automation raised $22.2 mn in a Series B
AI-Insurtech Roots Automation has raised $22.2 mn in a Series B funding round led by Harbert Growth Partners, with additional support from MissionOG, Liberty Mutual
Insurtech Functional Finance raised $20 mn Series A led by Walkabout Ventures
Functional Finance, a insurance software platform for managing general agents (MGA), insurers, and wholesalers, has raised a $20 mn Series A funding round led by Walkabout Ventures
Joachim Müller take over as CEO at insurtech wefox
wefox has announced that Joachim Müller will take over as CEO effective immediately. Mark Hartigan, who has been serving as both Chairman of the Board
Regulatory scrutiny in banking-as-a-service. FinTechs looking to get bank charters
FinTech companies are increasingly looking into the possibility of getting bank charters, though few have actually taken the plunge
Insurtech Ledgebrook secured $17 mn in Series B funding
Boston-based Insurtech Ledgebrook has secured of a $17 mn in Series B funding round. This opportunistic raise introduces two esteemed Family Offices to the Ledgebrook cap table
French embedded insurtech NEAT Protect raised €50 mn in Series A
French embedded insurtech NEAT Protect raised €50mn in Series A funding, led by Hedosophia, with support from Mundi Ventures, ETFS Capital
UK-based insurtech Policy Expert secured new backing from PE-firm Cinven
Policy Expert, a home and motor insurtech, has secured new backing from international private equity firm Cinven to fuel its expansion plans
ML insurtech Akur8 acquired Arius, a P&C reserving software
Insurtech Akur8, a machine learning-based insurance pricing solutions, has acquired Arius, a P&C reserving software
Health insurtech Nirvana sequred $24 mn Series A funding
Health insurtech Nirvana, specialising in insurance verification and eligibility with machine learning and artificial intelligence, has sequred $24.2 mn Series A funding
Korint Insurtech sequred €5 mn funding led by Ventech
Korint Insurtech, an emerging digital insurance company, secured €5 mn in a funding round led by venture capital firm Ventech, with continued backing from 360 Capital
Insurtech Insurity partnered with Gain Life to improve the claims process
Insurity, a provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, has partnered with Gain Life, a firm focused on improving the claims process
ICEYE and Aon enhances real-time disaster data for reinsurers
ICEYE, a satellite-based disaster management provider, announced that Aon has expanded its data licensing agreement. Aon will now include ICEYE’s Flood Insights data
InsuranceDekho launches Heph, a SaaS platform for insurance distribution
Indian insurtech insuranceDekho has launched Heph, a SaaS platform designed to streamline insurance distribution
Real estate AI-startup Placy sequred €1 mn in pre-seed funding
Cypriot real estate AI-startup Placy sequred €1 mn in pre-seed funding led by Zubr Capital, an European Fund regulated by CySEC, focused on investing in high potential IT companies
Risk management platform CultureAI secured $10 mn in Series A
CultureAI, a human risk management platform, secured $10 mn in Series A funding led by Mercia Ventures and Smedvig Ventures
Fintech Jetty migrates to Socotra’s cloud insurtech platform
Insurtech Socotra announced that Jetty, the fintech company on a mission to make renting a home more affordable and accessible, has gone live and migrated Jetty Deposit
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual
InsurTech funding crossed a significant milestone in Q2 2025, with $60.8bn raised since records began in 2012. The data reflects the scale of investor appetite over 10Y
Insurance intersects with nearly every sector: infrastructure, logistics, health, environmental risk, and beyond
Lloyd’s Lab accelerator has become a major force in insurance innovation, securing over $1 bn to support startups transforming the industry, launching 6 years ago