Category: Funding

Spanish insurtech start-up Bdeo, the leading firm of its kind in Spain and Latin America, is in the process of launching and building a team in the UK following a €5m raise

Pier, leader in full-stack insurance in Latin America, has recently received a US$ 14.5 million Series A investment led by monashees — pioneer venture capital fund in Latin America, leader in unicorn creation — and with the participation of Canary, Mercado Livre and BTG Pactual

Hippo Insurance, the well-known insurtech that offers homeowners insurance, has raised fresh capital as it weighs going public next year

On a mission to revolutionise corporate health insurance, Indian employee insurance provider Plum has announced fundraising of $4.1 million, led by Sequoia Capital India’s Surge and Tanglin Venture Partners

Hippo Enterprises announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, Limited, a subsidiary of MS&AD Insurance Group Holdings, Inc.

NY-based cloud-based platform for managing the entire insurance distribution lifecycle, Novidea, has announced the successful completion of $15 million in Series B financing

Metromile is revolutionizing the fragmented $250+ billion U.S. personal auto insurance market with real-time digital auto insurance personalized for low-mileage drivers. About two-thirds of U.S. drivers are considered low-mileage and could be overpaying for auto insurance because they do not pay per mile

Tencent Holdings Ltd. is investing about $150 million in Waterdrop Inc. to bankroll the Chinese startup’s expansion in health-care crowdfunding, according to people familiar with the matter

“We are committed to maintaining our strong position of financial stability and flexibility, while continuing to allocate capital to the highest ROIC (return on invested capital) opportunities.”

Mumbai-based online insurtech startup Turtlemint has raised $30 Mn in Series D funding round led by GGV Capital, American Family Ventures, MassMutual Ventures and SIG