Peter Thiel’s Founders Fund raises $6 bn for late-stage tech bets
Peter Thiel’s Founders Fund secured $6 bn for a new late-stage investment fund targeting AI, defense, fintech, and large private tech firms
InsurTech News
Spring Labs raises $5 mn for AI compliance platform led by BankTech Ventures
Spring Labs secured $5 mn to expand its AI-driven compliance workflow platform for banks, sponsor banks, and fintech companies
DeepInfra raises $107 mn in Series B funding to expand AI inference cloud
DeepInfra secured $107 mn in Series B funding to scale its AI inference infrastructure and expand global compute capacity
Insurtech Reserv raises $125 mn in Series C to expand AI-native insurance claims platform
Insurtech Reserv secured $125 mn in Series C funding led by KKR to scale AI-driven claims processing across the P&C insurance industry
LakeFusion raises $7.5 mn for AI-ready data management
LakeFusion secured $7.5 mn in Seed funding to expand its Databricks-native MDM platform for AI-ready enterprise data infrastructure
JuliaHub raises $65 mn in Series B funding to scale Dyad AI engineering platform
JuliaHub secured $65 mn in Series B funding to expand Dyad, its AI platform for industrial system modeling and digital engineering
Iterative Health raises $77 mn in Series C funding to expand AI-driven trial network
Iterative Health secured $77 mn in Series C funding to scale its AI-powered clinical research network across new therapeutic areas and regions
Squads raises $18 mn for Solana-based stablecoin treasury platform
Squads secured $18mn led by Solana Ventures to expand Altitude, its stablecoin-based financial operating system for global businesses
Rogo raises $160 mn to expand AI platform for finance
Rogo secured $160 mn in Series D funding to scale its AI platform, expand globally, and deepen partnerships with major financial institutions
Point2 Technology extends Series B to $76 mn for AI data center interconnects
Point2 Technology expanded its Series B to $76 mn to speed deployment of RF-based interconnects for AI data center infrastructure
AcuityMD raises $80 mn in Series C to expand AI platform for MedTech
AcuityMD secured $80 mn in Series C funding to expand AcuityAI, deepen its MedTech data model, and scale across the medical device sector
Coral raises $12.5 mn to automate healthcare admin work
Coral raised $12.5mn from Lightspeed and Z47 to automate healthcare back-office workflows across fax, EHR, payer portals, and patient intake.
Artemis launches with $70 mn to rebuild SIEM around AI-native cyber threat detection
Cybersecurity startup Artemis has emerged from stealth with $70 mn in funding to challenge the traditional security information and event management market through an AI-driven security operations platform
Insurtech Lemonade Q1 2026: Revenue jumps 71% as AI drives growth
Insurtech Lemonade reported in-force premium of $1.33 bn, up 32%, extending a ten-quarter run of accelerating growth. Revenue climbed faster, rising 71% to $258 mn
Neutrinos named Leader in insurance document AI by Everest
Neutrinos ranked as a Leader in Everest Group’s 2026 assessment of insurance document processing platforms
Insurtech Duck Creek launches AI tool to cut insurance product build time
Duck Creek introduced an agentic AI configurator aimed at reducing product setup timelines and simplifying deployment across insurers
Sompo backs insurtech Zego with $28 mn to develop telematics insurance in Japan
Sompo and Zego partner to build AI-driven, usage-based motor insurance products tailored for the Japanese market
Intuitech and UNIQA have unveiled NiQA, a next-generation AI claims platform
Intuitech and UNIQA have unveiled NiQA, a next-generation AI claims platform capable of handling complex insurance claims entirely autonomously
UNIQA partners with insurtech bsurance to launch embedded insurance platform
UNIQA teams up with bsurance in Austria to integrate insurance directly into digital purchase journeys across e-commerce, retail, and travel
Insurtech Simply Business launches ChatGPT app for instant insurance pricing
Simply Business rolls out a ChatGPT app in the U.S. and UK, offering small businesses fast indicative insurance pricing with minimal inputs
AI insurtech Cytora integrates LexisNexis data to automate U.S. underwriting
Cytora partners with LexisNexis Risk Solutions to embed data and analytics into AI-driven underwriting workflows for faster risk decisions
Liberty Mutual taps insurtech Ethos to launch instant digital life insurance
Liberty Mutual partners with Ethos to deliver a fully digital, no-exam life insurance journey with instant decisions
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
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
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Health insurance is an integral part of employee benefits packages in the United States. However, any employer federally required to provide this compensation could admit that their costs can be burdensome
Fitch Ratings warns U.S. health insurers face a tougher 2026 as medical costs rise, ACA subsidies expire, and policy uncertainty weighs on margins
Providing health insurance in California is becoming a competitive necessity for attracting and retaining top talent, particularly in industries such as technology, finance, cyber