Funding News

KYND, a leading provider of pioneering cyber risk management solutions for the insurance industry, has today announced a £3.25 million investment from BGF.

Meet Stoïk, a new French startup that wants to protect small and medium companies against cybersecurity incidents.

SecureNow, an end-to-end insurtech platform currently serving 25,000 small businesses across 150 locations, has raised a total of US$ 6 million in its last funding round.

London-based insurance management system provider Genasys has secured a £12.25m investment from Frog Capital, an investor in European scaleup software.

Rockstart, global early stage investor, announces its co-investment in IBISA, a Rockstart AgriFood portfolio company.

HealthCare.com, a leading data-driven insurtech platform, announced today the closing of an oversubcribed $180 million Series C round led by funds managed by Oaktree Capital Management.

Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.

ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding.

Azos, a digital life insurance provider increasing access to flexible and affordable life insurance products in Brazil, today announced a $10 million Series A round led by Prosus Ventures, with the participation of Kaszek Ventures, Maya Capital and Propel.

The round was led by iAngels and Menara Ventures, which will help the company expand its activities in the U.S. market.

Homeowners insurtech Slide has announced it has raised $100 million in a Series A funding round, led by Gries Investment Funds and Tampa Bay Ventures.

The funding, which comes just three months after a $6 million Series A round, will drive expansion of Vesttoo’s Insurance-Linked Program (ILP) offering, a security-based investment portfolio, as well as its fully digital marketplace for insurance-based risk transfer and investments

French startup Leocare has raised a big Series B funding round led by Eight Roads. Overall, the company has raised $116 million. It’s an equity and debt round, which means that part of this amount is a cash-for-equity transaction, while the rest is a credit line.

Resilience, an industry leader in cyber insurance and security solutions, announced today that it closed an $80 million Series C funding round, co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital, and Intact Ventures.

One of the most noticeable — and noted — effects of climate change has been its impact on how other events in the environment — be they natural or man-made occurrences — play out: forest fires burn more violently and for longer; floods happen more often and are more severe when they do; and so on, with climate change often cited as the main culprit for all of the catastrophes.

EasyHealth, a startup focused on navigating the Medicare experience, announced a $135 million Series A round on Thursday.

As funding pours into mental health tech, one thing remains relatively unchanged: complex insurance billing. Now, even that medieval process is starting to attract startup interest — from companies that scan claims for errors, to others looking to simplify filing itself.

Steadily serves the 17 million individual rental property owners who collectively own the large majority of single family and small apartment rentals across the US.

When you live in a home, something always breaks. And it can be difficult to know who to call and if you can afford the repairs. That’s where Puls Technologies come in.

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however, this sector hasn’t raced to the stage as quickly as say, payments or lending.

Enhance Health, a new technology-enabled, digital health insurance brokerage and care navigation platform focused on serving the Medicare Advantage market, today announced its launch with $150 million of total capital.

Improving the lives of workers in the gig economy isn’t just a political issue — it’s also becoming a hot topic for startups. The latest example is London-based newcomer Jove, an insurtech which has just closed a £600k pre-seed from Fuel Ventures and the heads of Octopus Group Ventures.

Founded in 2018 by Brandon Tobman, Dylan Gaines and Ryan Solomon, GetCovered was built to bridge the gap between the insurance and real estate sectors.

Fintech business insurance startup Nimbla has today announced a £5.1m funding round led by Silicon Valley venture fund Fin VC with participation from Barclays Bank.

owl.co, an insurance claims monitoring platform, today announced that it secured $30 million in Series-B funding to accelerate the company’s growth.

Collective Benefits (part of our Future50 Europe), an insurance platform for gig and independent workers, has raised $10 million in a fresh capital injection from investment giant Prosus.

Insurance policy provider Acko is the latest Indian startup to become a unicorn, joining nearly three dozen other firms in the world’s second-largest internet market that have attainted the coveted status this year.

Stride Health has closed a $47 million Series C round, bringing its total funding to $96 million.

Sana, a provider of health insurance for small and midsize businesses, announced today the closing of $20M in series A extension funding.

Coterie Insurance, the insurtech company making small business insurance easy, today announced the completion of a $50 million Series B financing round — totaling $75 million raised since its founding in 2018.