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hyperexponential has raised US$73 million in capital in its Series B funding round, led by Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series A investor Highland Europe, which increased its holding., three years after its Series A round.
Private investment firm Gallatin Point Capital and insurer American Family Insurance Group have successfully finalised a new partnership with reciprocal Insurer, Trusted Resource Underwriters Exchange (TRUE), in a US$1.25 billion deal.
Devoted Health, the tech-enabled Medicare Advantage startup, has successfully secured US$175 million in fresh funding.
Bain Capital Insurance has embarked on a significant venture with a US$200 million investment to establish The Mutual Group, an innovative insurance platform poised to transform the landscape of mutual insurance.
Mumbai-based insurtech startup Finhaat has successfully raised US$3 million (approximately INR 25 Crore) in a seed funding round.
Redactable, a cutting-edge AI-driven web application specialising in the redaction of sensitive documents, has successfully raised $5.5 million in seed funding.
OneDegree, Asia’s pioneering licensed insurer for digital assets, has joined forces with Dubai Insurance Co. to introduce digital asset insurance in the United Arab Emirates (UAE).
The Toronto-based startup Terminal is on a mission to become the Plaid for telematics data in the commercial trucking industry, as it successfully closes a US$3.1-million ($4.2 million CAD) seed round.
BirdsEyeView, an insurtech startup backed by the European Space Agency, has successfully concluded a funding round, securing a significant seven-figure investment.
McKenzie Intelligence Services (MIS), a provider of geospatial data and analysis for insurers responding to catastrophic events, has successfully secured a strategic investment from Maven Capital Partners (Maven), a prominent private equity firm specialising in fast-growing businesses in the UK.
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