Courier Health raises $50 mn to scale AI patient engagement platform
Courier Health secures Series B funding to expand its AI platform addressing fragmented patient journeys in life sciences
InsurTech News
BayCare pilots hospital robotics with Rovex to streamline logistics
BayCare tests robotic transport workflows with Rovex to reduce operational strain and improve efficiency across hospital operations
Robinhood Ventures Fund invests $75 mn in OpenAI to open private markets
Robinhood Ventures Fund I adds OpenAI stake, aiming to give retail investors access to high-growth private tech companies
AfterQuery raises $30 mn to scale expert AI training data platform
AfterQuery secures Series A funding at a $300 mn valuation as demand grows for high-quality data powering professional AI systems
Luminai raises $38 mn Series B to scale AI healthcare automation
Luminai secures new funding to expand its platform for automating complex administrative workflows across U.S. healthcare providers
Insurtech Fulcrum acquires crypto platform Megaphone to deepen product capabilities
Fulcrum acquires Megaphone and hires its founders to strengthen product development as it scales software for insurance brokerages
Insurtech Flock launches a data-driven haulage fleet product with Admiral
Flock launches a data-driven haulage fleet product with Admiral, targeting one of the UK’s largest commercial vehicle segments
TAL expands Microsoft deal to scale AI and cloud across life insurance
TAL signs a five-year agreement with Microsoft to expand cloud infrastructure, build AI tools, and strengthen workforce skills across its operations
Allianz Turkiye deploys Nettle AI to accelerate property risk inspections
Allianz Turkiye adopts Nettle’s AI platform, cutting inspection turnaround times and delivering same-day structured risk data to underwriters
Insurtech Openly secures growth funding and expands Allianz Re partnership
Openly raises new capital and strengthens reinsurance backing with Allianz Re to support U.S. expansion and deepen independent agent partnerships
McLarens expands affiliate network with partners in Channel Islands and Georgia
McLarens adds Quantum Adjusting and BE Group as affiliates, strengthening local claims expertise in the Channel Islands and the Caucasus
COVU launches COVU OS to rebuild insurance agency workflows around AI
COVU introduced COVU OS, an AI-native operating layer for insurance distribution built to route service tasks across AI, agents, and offshore teams
DXC launches AI insurance apps with ServiceNow to speed insurer transformation
DXC introduced three Assure Smart Apps built on ServiceNow, targeting claims, customer engagement and underwriting with faster deployment and lower manual workload
Verisk says claims fell in 2025 as losses grew more concentrated
Verisk reported lower insurance claim volumes in 2025, though wildfire, motor theft, gig work and newer liability risks drove tougher loss patterns
Westfield Health nears £100 mn revenue as it launches Evolve platform
Westfield Health introduced Evolve, a digital platform for intermediaries, as revenue approaches £100 mn and demand grows for flexible health benefits
Starfish Space raises $100 mn+ to scale in-orbit servicing missions
Starfish Space secured over $100 mn in Series B funding to expand its Otter servicing missions and meet rising demand from defence and commercial clients
Herbert Ventures launches €32.5 mn fund to back early-stage DeepTech founders
Zurich-based Herbert Ventures launched a €32.5 mn fund targeting pre-Seed and Seed startups across Europe, with a focus on fast execution and founder alignment
MillTech secures €51 mn from Apax to expand FX risk platform
London-based MillTech raised €51 mn from Apax Digital Funds, valuing the firm at €277 mn as it scales AI-driven FX hedging and treasury solutions
Round Treasury raises €5.1 mn to scale AI finance automation platform
London-based Round Treasury secured €5.1 mn in Seed funding to expand its AI-driven platform and launch Agentic Workflow Builder and Autonomous Payroll
Nesto raises €11 mn to scale AI workforce platform for hospitality
Karlsruhe-based Nesto secured €11 mn from Expedition Growth Capital to expand its AI-driven workforce management platform across Europe
Intelligent AI enters US market to tackle property underwriting data gaps
Intelligent AI expanded into the US via the Connecticut InsurTech Corridor, targeting incomplete submissions and data quality issues in property underwriting
FinTech Pipe raises $16 mn to expand embedded finance for small businesses
FinTech Pipe secured $16 mn to scale its embedded financing platform after originating more than $300 mn in advances to SMBs globally
Portal Space raises $50 mn in Series A to scale maneuverable spacecraft development
Portal Space secured $50 mn in Series A funding to advance Starburst and Supernova vehicles, targeting rapid orbital maneuverability for defence and commercial use
Healthtech Chapter raises $100 mn in Series E to scale AI Medicare platform
Chapter secured $100 mn led by Generation Investment Management, doubling valuation as it expands AI-driven Medicare and retirement tools
Slate Auto raises $650 mn to push low-cost electric truck into production
Slate Auto secured $650 mn in Series C funding to support production of its affordable electric pickup, with first deliveries targeted for late 2026
Ukrainian Obriy AI raises $500k to scale multi-agent platform for enterprise & government
Kyiv-based Obriy AI secured $500,000 in pre-seed funding from N1 Investment Company to expand SURE, its workflow automation platform for enterprise and public-sector use
Harmix raises $1 mn to launch proactive AI manager for SMBs
Toronto-based Harmix secured $1 mn to launch Pam, an AI platform built to connect fragmented business data and reduce manual work for SMBs
Sophia Space teams with Kepler to build in-orbit compute network
Sophia Space signed a commercial deal with Kepler Communications to connect orbital compute nodes, while pushing ahead with its in-orbit data centre platform after a $10 mn seed round
Critical Loop raises $26 mn to cut grid connection delays for US sites
Critical Loop secured $26 mn, bringing committed capital to $49 mn, to speed power access for US industrial sites with modular microgrid systems
Autonomous drivetech Wayve added $60 mn to Series D, lifting valuation near $9 bn
UK autonomous driving firm Wayve added $60mn to its Series D, lifting valuation near $9bn as it moved toward robotaxi trials and wider vehicle deployment
Aveni launched the Agent Assurance Expert Council to tackle agentic AI in finance
Scottish fintech Aveni launched the Agent Assurance Expert Council to shape controls, transparency and trust around agentic AI in financial services
UK startup Compound secured £500k to modernise workplace pensions
UK startup Compound secured £500k to modernise workplace pensions, targeting low engagement and high opt-out rates with automation and improved UX
Kulipa raises $6.2 mn to scale stablecoin card issuing infrastructure
Paris-based Kulipa raised $6.2mn in seed funding to expand stablecoin-funded card issuing across regulated markets in Europe, Africa and the US
FinTech Round raised $6 mn in Seed to automate treasury, payroll & payments with AI
Round raised $6 mn in Seed funding to automate treasury, payments and payroll, after processing more than $500 mn in transactions
Ralio raises $2.5 mn to build payment rails for AI agents
UK startup Ralio secures $2.5 mn pre-seed to develop payment infrastructure for AI agents, targeting secure autonomous transactions
Certiv raises $4.2 mn to secure autonomous AI agents on employee devices
Seattle-based Certiv emerged from stealth with $4.2 mn in pre-seed funding to build endpoint security controls for autonomous AI agents in enterprise settings
Cybertech Surf launches with $57 mn to push AI-led preventive cybersecurity
New York-based Surf emerged from stealth with $57 mn in funding to automate security hygiene and remediate enterprise risks with agentic AI
Conduit Health raises $17 mn to expand AI platform for insurance-covered medical supplies
Conduit Health secured $17 mn in Series A funding to grow its AI platform for Medicare and Medicaid patients needing insurance-covered medical supplie
Yuzu Health raises $35 mn in Series A to rebuild health insurance infrastructure
Yuzu Health secured $35 mn in Series A funding to expand its health plan platform, automate back-office workflows, and scale modern insurance operations nationwide
Startup Deeptune raises $43 mn led by a16z to build virtual training grounds for AI agents
New York-based Deeptune secured $43 mn in Series A funding to expand simulation-based training for AI agents as the industry searches for new data sources
Omniscient raises €3.5 mn in pre-seed to bring AI intelligence to the C-suite
Paris-based Omniscient secured €3.5 mn in pre-Seed funding to expand its AI decision platform for boards and senior executives across global organisations
Xoople secures €112.6 mn to build Earth data infrastructure for AI
Madrid-based Xoople raised €112.6 mn in Series B funding to scale its Earth data platform and expand real-time intelligence for AI, insurers, and enterprises
Trent AI raises $13 mn to secure the rise of autonomous AI agents
London-based Trent AI raised €11 mn in seed funding to build security infrastructure for autonomous AI systems as enterprise adoption outpaces governance
Blossom Health raises $20 mn to expand AI-led psychiatry care
Blossom Health secured $20 mn in seed and Series A funding to expand its AI-native telepsychiatry platform, insurer ties, and clinician network across the US
Midas raises $50 mn in Series A to scale tokenised asset infrastructure
Berlin-based Midas secured $50 mn in Series A funding as it expands tokenised asset issuance, DeFi integrations, and instant-redemption infrastructure
mShift adds BOXX cyber insurance products to marketplace for brokers
mShift added BOXX Insurance to its marketplace, giving brokers faster digital access to cyber cover for SMEs through quoting, binding, and issuance tools
Cloud outage risk stayed high despite drop in critical downtime
Parametrix said critical cloud downtime fell 28% in 2025, though major outages at AWS, Azure, Google Cloud, and Cloudflare kept digital supply chain risk elevated
Insurtech Qover secures $12 mn from CIBC as embedded insurance grows
Qover raised a $12 mn growth facility from CIBC, pushing total funding past $100 mn as it expands its embedded insurance platform and AI stac
US InsurTech deal share expands as AI dominates 2025 funding
US InsurTechs increased global deal share to 55.74% in 2025, while AI-focused firms captured 66% of funding and led Q4 activity
InsurTech funding rose in 2025 to $5.1 bn as Q4 capped a stronger year
Global InsurTech funding picked up in 2025 after three weak years. Total investment rose 19.5% year on year to $5.1 bn, the first annual gain since 2021
Hail and AI are reshaping severe storm risk management
Allianz says severe convective storms are driving heavy insured losses, with hail as a major factor and AI becoming more important in resilience planning
Geospatial Insight launches FireWatch for wildfire risk analysis
FireWatch uses satellite data, weather forecasts, and environmental signals to help insurers, utilities, and governments track wildfire risk in near real time
AI Startup Yupp shuts down after $33 mn seed as AI feedback model stalls
Yupp is closing less than a year after launch, despite raising $33mn, as its crowdsourced AI model-ranking business failed to find strong product-market fit
QBE and insurtech Aurora launched an automated underwriting capability for Yacht P&I
QBE and Aurora launched an automated underwriting capability for Yacht P&I, cutting broker submission-to-bind time to under 10 minutes
Zalos raises €3.1 mn to scale AI finance agents for enterprise systems
Zalos secured €3.1mn to expand its Computer Agents for finance teams, targeting large enterprise deployments and on-premise systems without ERP replacement
Zocks expands AI workflow tools into the US life insurance market
Zocks is bringing its AI workflow and document automation tools to life insurance, aiming to cut admin work, reduce NIGO delays, and help advisors issue more policies
LEEO launches telematics-led commercial auto cover tied to driving performance
LEEO introduced a telematics-based commercial auto product that uses driving data, AI, and real-time insights to connect safer fleet performance with savings
Insurtech Heathos launches unified life insurance platform for agencies
Heathos introduced a unified life insurance platform that brings carriers, workflows, and commission reporting into one system for agencies selling multiple products
Insurtech Shepherd raises $42 mn to push AI underwriting in commercial insurance
Shepherd secured $42 mn in Series B funding to expand its AI underwriting platform for construction, infrastructure, and other asset-heavy commercial sectors
AI is reshaping life underwriting workflows, Pacific Life survey shows
Pacific Life’s underwriting survey shows wider AI use, stronger demand for structured health data, and growing concern over underwriting talent
Over 40% of agentic AI projects will be canceled by the end of 2027, due to escalating costs, unclear business value or inadequate risk controls
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
How insurers use AI, parametric models and data to close the global protection gap, support climate finance, and strengthen resilience amid regulatory fragmentation
Although cyber incidents have not resulted in a significant systemic event for the U.S. financial services sector to date, they could pose risks to financial stability