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Nexar Raises $30M in Series B Funding

Nexar, a Tel Aviv, Israel-based technology company building a safe driving network, closed a $30m round of financing. The round was led by Ibex Investors, with participation from Alibaba Innovation...

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Anorak Secures £4M in Seed Funding

Anorak Technologies Limited, a London, UK-based smart data independent insurance adviser, secured £4m in seed funding. Kamet Ventures (a €100m incubator funded by AXA) made the investment. The company...

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Neptune Flood Secures $2M Seed Financing Round

Neptune Flood, a St. Petersburg, Fla.-based flood insurance provider, secured over $2m in seed funding. The round was led by Trevor Burgess, the founder and former CEO of C1 Bank, with participation...

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Owl Raises $18M in Series A Funding Round

Owl, a Palo Alto, CA-based developer of a security camera for cars, raised $18M in Series A funding round. Backers included defy.vc, Khosla Ventures, Menlo Ventures, Sherpa Capital, Moment Ventures,...

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Inzura Raises $1M in Funding

Inzura, a London, UK-based insurtech startup, raised $1M in funding. Investors include: – Julian Edwards – CEO of MCE Insurance, – Michael Blaney – MD of Autoline Insurance Group, – Phil Bunker –...

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Indio Technologies Raises $6M in Series A Funding

Indio Technologies, a San Francisco, CA-based insurtech startup, reportedly raised $6m in Series A funding. The round was led by 8VC with participation from 500 Startups, Merus Capital and Compound....

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ChronWell Raises $4.5M in Series A Funding

ChronWell, a Fort Lauderdale, Fla.-based technology-enabled platform company for the workers’ compensation insurance industry, raised $4.5m in Series A funding. The investors were not named. The...

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Gabi Raises $9.5M in Series A Financing

Gabi Personal Insurance Agency, Inc., a San Francisco, CA-based provider of a free, online personal insurance shopper, raised $9.5M in Series A funding. The round was led by Canvas Ventures, with...

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Eli Global LLC to Acquire Finanzen.de

Eli Global LLC is to acquire finanzen.de AG, a Berlin, Germany-based online marketplace for retail customer leads in the finance and insurance sectors, from Blackfin Capital Partners and founders. The...

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Coalition Raises $10M in Series A Funding

Coalition, Inc., a San Francisco, CA-based technology-enabled cyber insurance solution, raised $10m in Series A funding. Backers included Vy Capital, Ribbit Capital, Valor Equity Partners, Sam Altman...

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Xagent Closes $2.1M Seed Funding Round

Xagent, a Reston, VA-based innovative single-entry market access solution for property and casualty (P&C) agents, closed a $2.1m seed funding round. Top 100 insurance agencies participated in the...

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Kelly Klee Raises $4.5M in Funding

Kelly Klee, Inc., an Aspen, CO-based digital insurance broker, raised $4.5m in Seed funding across two closings. Backers included: – Gary Tolman, the former CEO of Esurance; – David Fitzgerald, former...

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Corvus Raises $4M in Seed Funding

Corvus, a Boston, MA-based insurtech startup, raised $4m in seed funding. The round was led by Bain Capital Ventures. The company intends to use the funds to continue to develop innovative commercial...

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Figo Pet Insurance Raises $4m in Funding

Figo Pet Insurance, a Chicago, IL-based insurtech startup for pet owners, raised $4m in funding. The round was led by HCS Capital Partners. The company intends to use the funds to continue to expand...

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Busting Insurance Myths – Here Are 5 Things You Believed about Your Health...

In order to be productive and active, it is essential that one pays attention to one’s health. However, when it comes to securing one’s future by purchasing a health insurance plan many people have...

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Root Insurance Closes $51M Series C Funding

Root Insurance, a Columbus, OH-based car insurance company that incorporates individual driving behavior in every quote, closed a $51m Series C funding. The round was led by Redpoint Ventures, with...

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Atidot Raises $5M in Series A Funding

Atidot, a Tel Aviv, Israel-based insurtech company, raised $5m in Series A funding. The round was led by Vertex Ventures with participation of existing investors The D.E. Shaw Group, Moneta Seeds, and...

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Oscar Health Raises $165M in Funding

Oscar Health, a New York-based provider of health insurance plans, raised $165m in funding. The round, which valued the company at $3.2 billion, was led by Founders Fund with participation from 8VC,...

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Alan Raises €23M in Series A Funding

Alan, a Paris, France-based digital insurance company, raised €23m in Series A funding. The round was led by Index Ventures with participation from Xavier Niel, Open CNP, Partech and Portag3 Ventures...

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AXA Strategic Ventures Rebrands as AXA Venture Partners

AXA Strategic Ventures, a global venture capital firm, is rebranding as AXA Venture Partners. AXA Venture Partners is the $450m venture capital firm backed by AXA, a global insurance and asset manager,...

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