Insurtech platform Novidea sequred an additional $30 mn funding
Insurtech Novidea raised an additional $30 mn funding from HarbourVest Partners. The investment brings total Series C funding round to $80 mn
InsurTech News
European insurtech Laka annonced investment from Achmea
Insurtech Laka, founded in London in 2017, has annonced investment led by Achmea Innovation Fund as part of its strategic move
Health insurtech CareVoice secured $10 mn funding in Series B
Insurtech CareVoice has secured $10 mn funding in Series B led by Apis Insurtech Fund I. The funding will be used to accelerate the Company’s growt
Insurtech mTek raised $1.25 mn to boost expansion in African markets
Kenyan Insurtech mTek has sequred $1.25 mn in funding to boost its expansion efforts within the Kenyan and East African insurance markets
Insurtech Lemonade launched of homeowners insurance in France
Insurtech Lemonade announced the launch of Homeowners insurance in France in partnership with BNP Paribas Cardif
Insurtech Element secured €50 mn from Versorgungswerk der Zahnärztekammer
German insurtech startup Element has secured €50 million in funding from Versorgungswerk der Zahnärztekammer Berlin K.d.ö.R. and Alma Mundi
Stanhope sequred £2.3 mn to developing of ‘human-like’ AI
The neuroscience-driven AI startup Stanhope has sequred £2.3 mn in funding to enhance the development of ‘human-like’ AI
Healthtech Recare raised €3.2 mn for expansion in Germany
Recare has developed a SaaS platform that acts as a neutral marketplace, allowing hospitals to find care providers for their patients with aftercare needs
Luminance raised $40 mn in Series B funding to use of large language models
Luminance has raised $40 mn in Series B funding to further its use of large language models (LLMs) which are predicted to automate significant portions of work
Lexverify secured £900K in Seed funding to enhance AI-driven risk managemen
UK-based startup Lexverify secured £900K in Seed funding to enhance its AI-driven risk management assistant
HR software app Homebase sequred $60 mn Series D
Homebase is HR software that targets the two-thirds of the American SMB workforce with hourly jobs that require them to be on-site
Fintech Scayl, founded by ex-VC executives, raised €100 mn
Scayl, a debt financing platform founded by ex-VC, announced its emergence from stealth having raised €100 mn
Insurtech Empathy sequred $47 mn Series B funding led by Index Ventures
Insurtech Empathy announced the closure of a $47 mn Series B funding round, spearheaded by Index Ventures, alongside notable contributions from General Catalyst
Insurtech Coterie secured a substantial $27 mn in post-Series B round
Insurtech Coterie, which specialises in services for small businesses, has secured a substantial $27 mn in funding during a post-Series B round
Insurtech Vouch raised $25 mn Series C-1 funding led by Ribbit Capital
Insurtech Vouch announced the closure of a $25 million Series C-1 funding round, led by Ribbit Capital
Insurtech Sostengo raised $3.8 mn seed funding for Latam & U.S. Hispanic entry
Central American Insurtech Sostengo raised $3.8 mn seed funding for Latam markets and U.S. Hispanic entry. With 103% premium growth
IDfy secured a substantial financial injection of $27 mn funding
IDfy has secured a substantial financial injection of $27 mn in a recent funding round, signifying a pivotal moment for the company’s trajectory
Brazilian cybersecurity insurtech Bluecyber raised $1.5 mn in funding
Brazilian insurtech Bluecyber, specialising in cyber insurance, has raised $1.5 mn in funding led by venture capitalists Invisto and Bossa Invest
LGI developed behaviour based insurance for insurtech Carrot
Insurtech Carrot General Insurance has partnered with Lippo General Insurance, Indonesia to develop a Behaviour Based Insurance solution.
Insurtech Genasys updated a core Genasys Unify platform
Genasys, the provider of insurance administration software, announced Genasys Unify, a major update to the core Genasys platform
Sweet Security raised $33 mn in Series A led by Evolution Equity
Israeli startup Sweet Security, specialising in addressing cloud risks for companies, has successfully raised $33 mn in a Series A funding round
Insurity & OIP Robotics partnered for P&C insurance automation
Insurity, the cloud software insurtech for insurance carriers, brokers, and MGAs, has partnered with OIP Robotics (OIPR)
Insurtech Fijoya raised $8.3 mn in seed round
Fijoya, an insurtech startup specializing in health and wellness services for employers, recently secured $8.3 mn in seed funding
Aon acquired of the technology & intellectual property of Humn:ai
Aon announced its acquisition of the technology assets and intellectual property of Humn:ai, a move designed to enhance its commercial fleet services
Insurtech Wisedocs sequred $9.5 mn in Series A Funding
Insurtech Wisedocs secured $9.5 million in Series A funding to enhance its AI-driven insurtech solutions, with Information Venture Partners
Insurtech Lemonade rised in-force premium to $747 mn for 4Q 2023
Insurtech Lemonade has reported a 20% rise in in-force premium to $747 mn for 4Q 2023, while its gross loss ratio fell 12% to 77% in the quarter.
Wipro acquired insurtech Aggne Global for $66 mn
Wipro, India’s fourth largest information technology (IT) services firm, will acquire US-based insurtech firm Aggne Global
AI-insurtech Indemn closed a $1.9 mn pre-seed funding
Indemn, a insurtech platform, has closed a $1.9 mn pre-seed funding round, marking its continued growth in delivering insurance products
Insurtech Cake sequred $1.3 mn in pre-seed funding led by Markd
Insurtech Cake, a marketplace designed for independent insurance agents, has announced the completion of a $1.3 mn pre-seed funding round
Insurtech Quandri is launched a AI robotic process automation for insurance
Insurtech Quandri is working in the field of robotic process automation (RPA) by offering a specialized solution for the insurance industry
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