Investing News

Global insurtech Bolttech has sequred a $50 mn venture debt facility with HSBC. Bolttech aims to use this funding to further its ambitious plans for innovation and growth in the insurtech sector

Delos Insurance Solutions, a property insurance MGA, raised $9 mn in a Series A funding round led by HSBC Asset Management. IA Capital Group, Blue Bear Capital, Generation Space

Insurtech startup Stream Claims, specializing in AI-powered medical document review for workers’ compensation, sequred $5.3 mn in seed funding

AI-powered claims management insurtech for health and life insurers Qantev has raised €30 mn in new funding led by Blossom Capital

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

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

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

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

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 €50mn in Series A funding, led by Hedosophia, with support from Mundi Ventures, ETFS Capital

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, an emerging digital insurance company, secured €5 mn in a funding round led by venture capital firm Ventech, with continued backing from 360 Capital

CultureAI, a human risk management platform, secured $10 mn in Series A funding led by Mercia Ventures and Smedvig Ventures

Canadian insurtech startup YouSet has secured $2.57 mn in an oversubscribed seed funding round aimed at improving the insurance shopping experience

QuickFacts, an insurtech startup dedicated to enhancing efficiency in the insurance industry, sequred of an oversubscribed $2 mn funding round led by Sandpiper Ventures

Companion Protect, a Kansas City-based pet health administration company, announced it has closed a $20.25 mn extension round from Series A investors

Wealth management startup Savvy Wealth has raised an additional $15.5 mn as part of its Series A round, bringing the total raised to $26.5 mn led by Canvas Ventures

Montreal-based cyber insurtech Inscora has raised $2 mn in funding led by Luge Capital, with participation from Desjardins Capital, Accelia Capital

Austin-based startup Chaiz, the first comparison marketplace for extended car warranties oversubscribed $3.7 mn seed funding round

Boost Insurance announced a new equity investment from BHMS Investments, a private firm specializing in middle-market insurance and related businesses

Gradient AI, a enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, has raised $56 mn in a Series C

Insurtech Juno, the US company to offer child disability insurance, has sequred an $8.5 mn Series A funding round led by Spero Ventures

Sidecar Health raised $165 mn in a Series D funding round led by Koch Disruptive Technologies, supported by GreatPoint Ventures

Honeycomb Insurance sequred $36 mn in Series B led by Zeev Ventures. Honeycomb plans to use its new funding to double its workforce

Wealth-building digital platform Amplify Life Insurance has raised $20 mn in a Series B funding round co-led by Crosslink Capital and Anthemis

Los Angeles-based insurtech Pyte, specialising in secure computation platforms, has raised an additional $5 mn in funding, bringing its total funding to over $12 mn

Anterior, an insurtech company leveraging AI, has raised $20 mn in Series A funding at a $95 mn valuation

FintechOS, a financial product management platform, has secured $60 mn in a Series B+ funding round led by Molten Venture

Indian insurtech Coversure has raised $4 mn in a pre-Series A funding round led by Enam Holdings, a seasoned regional investor

Swiipr, a travel paytech company, has raised $7.6 mn in funding to advance its platform for airline disruption payments, led by Octopus Venture

Authentic Insurance, a New York-based insurtech startup, has raised $11 mn in a Series A funding round, led by FirstMark Capital

ifeel raises $20 million to save millions in mental health-related disability, productivity and claims for insurance companies and corporates around the world

Sixfold, the insurtech empowering underwriters with a generative AI solution for end-to-end risk analysis, has raised $15 mn in Series A funding

Insurtech Vitesse, a payment solutions provider for the insurance industry, has raised of a $93 mn Series C funding round

Insurtech Cover Whale Insurance Solutions, specialising in connected insurance for commercial auto, has sequred $27.5 mn in debt and equity

Israeli insurtech company Honeycomb, specializing in multi-family properties, has sequred $36 mn in a Series B funding round led by Zeev Ventures

Chapter Medicare, a prominent Medicare broker based in New York, recently secured $50 mn in Series C funding to enhance senior healthcare accessibility

Arbol, a climate risk solutions insurtech, has sequred of a $60 mn Series B funding round co-led by Giant Ventures and Opera Tech Ventures