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RetireUp Secures Funding

RetireUp, a Chicago, IL-based provider of software for retirement income planning, secured funding of an undisclosed eight figure valuation. Annexus Ventures made the investment. In conjunction with...

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Cape Analytics Raises $14M in Funding

Cape Analytics, a Palo Alto, CA-based platform that leverages geospatial imagery, computer vision, and machine learning to generate property data, raised $14m in funding. The round was led by Formation...

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The Future of Insurance is Insurtech – Guest Post by Matteo Carbone

The insurance sector has entered a phase of profound transformation. Numerous Insurtech startups—around 1,000 according to Venture Scanner map—have popped up to challenge the traditional model by...

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CoverWallet Raises $7.8M in Funding

CoverWallet, a New York City-based platform to understand, buy and manage insurance for business, received $7.8m in Series A funding. The round was led by Union Square Ventures with participation from...

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Insurtech Startup Zensurance Raises $1M in Seed Funding

Zensurance, a Toronto, Canada-based startup which offers curated commercial insurance packages for startups and small business, closed a $1m seed funding round. The round was led by Ferst Capital...

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Lemonade Raises $34m in Series B Funding

Lemonade, a New York-based renters and homeowners apartment insurance startup, raised $34m in Series B funding. The round was led by General Catalyst with participation from GV (formerly Google...

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Clearsurance Launches with $2M Seed Funding

Clearsurance, a Newburyport, MA-based crowdsourced insurance industry review and rating platform, has launched with $2m seed funding. The round was raised in August 2016. The company is using the...

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Insurtech Startup Hippo Raises $14M in Series A Funding

Hippo, a Mountain View, Calif.-based insurtech startup focused on smart home insurance, raised $14m in Series A funding. The round was led by Horizons Ventures, with participation from RPM Ventures,...

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One Raises $20M in Series B Funding

One, Inc., a Folsom, CA – based provider of a SaaS operating system for insurance companies, raised $20m in Series B funding. The round was led by AXA Strategic Ventures with participation from...

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Stonestep Secures $4M in Series A Funding

Stonestep, a Zug, Switzerland-based company offering Microinsurance as a Service, secured $4M in Series A funding. XL Innovate, a insurtech venture fund, made the investment. The company intends to use...

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Zipari Raises $7M in Series A Funding

Zipari, a Brooklyn, New York-based insurance software startup, raised $7m in Series A funding. The round was led by Vertical Venture Partners. The company intends to use the funds to scale adoption of...

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Online Emergency Insurance Platform Emerge Raises $1.8m in Funding

Emerge, a Hartford, Conn.-based online emergency insurance platform, raised $1.8m in funding. Backers were not disclosed. The company is using the funds to launch the platform and boost growth. Founded...

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Five Crazy InsurTech Predictions for 2017 – by Matteo Carbone

In the latest months, many experts have predicted specialized portals and social network as the main InsurTech trends driving growth in 2017. As every year, industry insiders choose their favorite...

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Blockchain, AI and Internet of Insurance to Lead Insurtech, KPMG Partner Says

According to Murray Raisbeck, Head of Insurance Technology KPMG in the UK, 2017 will see InsurTech make its mark but attracting talent could be a challenge across the country as a result of Brexit....

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CompareEuropeGroup Secures €20m in Series A Funding

CompareEuropeGroup, a London, UK-based financial management platform for insurance, banking and telco products, secured €20m in Series A funding. Backers included ACE & Company, Pacific Century...

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Northwestern Mutual Launches $50M Venture Capital Initiative

Northwestern Mutual, Milwaukee, WI-based provider of financial security solutions, has announced the launch of a $50M multi-year venture capital initiative. Northwestern Mutual Future Ventures will...

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Bought By Many Raises £7.5M in Series A Funding

Bought By Many, a London, U.K. – based insurtech startup that uses social media and search data to offer insight-driven insurance to customers, closed a £7.5m ($9.5m) Series A funding round. The round...

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Floome Raises Venture Capital Funding

Floome, a Padua, Italy-based developer of an innovative breathalyzer for smartphone, received an undisclosed amount of venture capital funding. Axa Strategic Ventures and Invitalia Ventures made the...

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Digital Fineprint Closes $400k Funding Round

Digital Fineprint, a London, UK-based insurtech startup, recently closed a $400k funding round. The round was le by Eos Venture Partners with participation from angel investors Carl Bauer (co-head of...

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Insurtech Startup Cuvva Raises £1.5M in Funding

Cuvva, a London, UK-based pay as you go car insurer, raised £1.5m in funding. The round was led by LocalGlobe. The company, which has raised £2m in total funding, intends to use the capital to continue...

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