French Insurance Startup Estaly Raises US$3.8 Million in Seed Funding
Estaly, a French insurance startup, has secured US$3.8 in seed funding from OneRagtime, CDG Invest, and approximately 20 angel investors.
Estaly, a French insurance startup, has secured US$3.8 in seed funding from OneRagtime, CDG Invest, and approximately 20 angel investors.
AI insurance ventures experienced an 18% year-on-year increase in funding in 2023, raising nearly $2 billion through private equity and venture financing, according to GlobalData’s Technology Foresights model.
London-based startup Unwritten, previously known as Dovetail Finance, has completed a seed funding round, raising $3.5 million.
Jensten, a leading UK-based broker and underwriting group, has secured US$211 million in new borrowing facilities, and has announced it is pledging $1.2 million towards launching new brokers.
ICEYE, a global leader in satellite-powered disaster management solutions, has finalised a definitive agreement for an oversubscribed US$93 million growth funding round, with Solidium Oy at the forefront.
Health insurance claim assistance platform ClaimBuddy has successfully concluded its Series A funding round, securing a significant US$5 million investment.
Pula, a Kenyan-based insurtech firm, has successfully raised US$20 million in Series B funding to bolster its efforts in providing agricultural insurance to farmers in Africa, Asia, and Latin America.
2024 has seen a raft of impressive investment rounds hitting the headlines. Are we in full-blown investment recovery? Or is this a slowdown rebound? Insurtech Insights rounds up the top funding events.
Hudson Structured Capital Management Ltd. (HSCM), a leader in reinsurance, insurtech, insurance-linked securities (ILS), and transportation investments, has successfully raised more than $175 million for the launch of its new life insurance-focused continuation fund, HS Mohawk Fund I LP.
The Achmea Innovation Fund has announced its investment in Laka, a pioneering European micromobility insurer, as part of its strategic move towards fostering smart and sustainable mobility solutions.
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