Tagged: insurance

February 19, 2021 @ 10:19 am By Samantha Hurst  |  

  Insurely, a Sweden-based open insurance platform, has reportedly secured €2.5 million through its latest investment round. According to Silicon Canals, the investment round was led by Swedish venture capital firm, Luminar Ventures.  Founded in 2005, Insurely states it is on a mission to digitize… Read More

February 18, 2021 @ 10:20 am By Samantha Hurst  |  

  AppMan, a Thailand-based insurtech, has reportedly raised $4.3 million through its Series A funding round, which saw participation from Siam Alpha Equity’s SME Growing Together 1 fund, Krungsri Finnovate, Casmatt, KTBST, and Poems Ventures, the venture arm of PhillipCapital Group. Founded in 2011, AppMan claims to be… Read More

February 17, 2021 @ 11:57 am By Samantha Hurst  |  

  InsurePay, a U.S.-based workers’ compensation administration and insurance premium billing platform for insurance providers, announced on Wednesday it raised $5 million through its Series A investment round, which was led by FINTOP Capital. Founded in 2003, InsurePay claims it delivers world-class solutions in the… Read More

February 16, 2021 @ 4:12 pm By Samantha Hurst  |  

  U.S. insurtech startup Kin Insurance announced on Tuesday it has surpassed $10 billion in total insured property value. Kin reported that it saw a 400% increase in direct written premiums of the fourth quarter of 2020 over the past year. It also saw a… Read More

February 16, 2021 @ 11:13 am By Samantha Hurst  |  

  Percayso, a UK-based insurance intelligence provider, has successfully secured its minimum £400,000 funding target through its crowdfunding campaign on Seedrs. The funding round has so far attracted nearly 150 Seedrs investors. Founded in 2018, Percayso states its insurance intelligence goes beyond traditional data enrichment by… Read More

February 14, 2021 @ 8:38 pm By Omar Faridi  |  

London-based Abaka, which improves financial wellbeing by offering affordable financial advice powered by artificial intelligence (AI), notes that companies across different categories and markets aim to deliver the appropriate messages to their target clients, at the best time, using the most engaging channels. Traditional approaches… Read More

February 11, 2021 @ 7:30 am By Omar Faridi  |  

Lemonade (NYSE:LMND), a fast-growing Insurtech that emerged as one of the most successful initial public offerings of 2020 (and recently launched life insurance), has teamed up with Bestow, a “full-stack” life insurance firm. Powered by Bestow’s Protect API, Lemonade clients may apply for “instant,” and… Read More

February 10, 2021 @ 9:51 am By Samantha Hurst  |  

Marble, a U.S.-based digital wallet and loyalty platform for insurance, announced on Wednesday it raised $2.5 million through its seed financing round. The company’s investors include IA Capital Group, MS&AD Ventures, Reciprocal Ventures, Fintech Ventures Fund, The Takoma Group, and HU Investments. Founded and launched in… Read More

February 1, 2021 @ 2:06 pm By Samantha Hurst  |  

      Trov, a U.S.-based insurtech company, recently announced it has formed a new partnership with UK-based electric car rental specialist, UFODrive.  According to Trov, the partnership represents a “major milestone” for the insurtech, as it is marks the first step in a wider… Read More

January 29, 2021 @ 2:10 pm By Samantha Hurst  |  

  INZMO, a Germany-based insurtech startup, announced on Thursday it secured €3.1 million through its latest seed investment round, which was led by Change Ventures with participation from Swiss insurance giant Helvetia. Founded in 2016, INZMO aims to simplify the insurance process with its full-stack… Read More

January 28, 2021 @ 9:48 pm By Samantha Hurst  |  

  Sidecar Health, a U.S.-based insurtech, announced earlier this week it secured $125 million through its Series C funding round, which was ledgy Drive Capital with participation from BOND, Tiger Global, and Menlo Ventures. Founded in 2018, Sidecar Health is on a mission to change… Read More

January 28, 2021 @ 9:40 pm By Samantha Hurst  |  

  Buckle, a U.S.-based financial services group, announced on Thursday it launched its rideshare-only auto insurance is now available in Tennessee. Buckle claims that it launched the first of its kind insurance, providing rideshare and Transportation Network Company (TNC) drivers with personal and commercial coverage… Read More

January 27, 2021 @ 12:37 pm By Samantha Hurst  |  

  U.S. insurtech Rhino announced on Tuesday it raised $95 million through its latest investment round, which was led by Tiger Global Management with participation from Kairos, Lakestar VC, and Lakehouse VC. Launched in 2017, Rhino is on a mission to bring greater financial freedom… Read More

January 26, 2021 @ 2:09 pm By Samantha Hurst  |  

  Joshu, a U.S,-basd insurtech, announced on Tuesday it raised $3.7 million through its seed funding round, which was led by Blumberg Capital with participation from Engineering Capital, Correlation Ventures, Innovation Endeavors, and Sure Ventures. Founded in 2020, Joshu’s solution offers insurance carriers and managing… Read More

January 25, 2021 @ 3:42 pm By Samantha Hurst  |  

  Pula, a Kenya-based insurtech, has reportedly secured $6 million through its Series A funding round, which was led by Pan-African early-stage venture capital firm, TLcom Capital, with participation from nonprofit Women’s World Banking. Launched in 2015, Pula claims it is on a mission to reimagine agricultural… Read More

January 21, 2021 @ 4:39 pm By Samantha Hurst  |  

  InsurTech NY, a global InsurTech hub, announced on Thursday it has joined forces with the Bermuda Business Development Agency (BDA), Bermuda’s independent economic development public-private partnership, to launch the 2021 InsurTech Early-Stage Competition. According to the duo, this competition attracts up to 100 promising… Read More

January 19, 2021 @ 2:31 pm By Samantha Hurst  |  

  Arbol, a U.S.-based insurtech platform specifically for parametric products, announced on Tuesday it secured $7 million through its Series A fundraiser. The investment round included participation from Finch Finance LLC, Space Capital, and Mubadala Capital-Ventures. Founded in 2018, Arbol’s products are able to quickly… Read More

January 19, 2021 @ 10:43 am By Samantha Hurst  |  

Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America, announced on Tuesday it has officially expanded its service to the U.S. with the launch of a GPS vehicle tracking solution. This launch comes less than six… Read More

January 18, 2021 @ 3:09 pm By Samantha Hurst  |  

  Hiro, a UK-based insurtech startup, quickly secures £1.6 million through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise a minimum of £1.2 million, has so far attracted over 500 Seedrs investors.  As previously reported, Hiro describes itself as… Read More

January 17, 2021 @ 10:59 pm By Samantha Hurst  |  

  Porch Group, a U.S.-based vertical software company focused on the home services industry, recently announced it has acquired four companies and has begun to expand into insurtech. Founded in 2012 as an online home improvement network, Porch claims it has grown into the industry-leading… Read More