venture capital in insurance News

Andreessen Horowitz Backs British Insurance Startup in $73M Funding Round

U.S. venture capital firm Andreessen Horowitz has backed London-based insurance startup Hyperexponential in a $73 million funding round, the insurance software company said on Thursday. Founded in 2017, Hyperexponential provides insurance companies with mathematical modeling software, allowing them to price …

Insurance Risk Transfer Platform Vesttoo Valued at $1 Billion After Latest Funding Round

Vesttoo Ltd. said on Tuesday its valuation has more than tripled to $1 billion after the insurance risk transfer platform secured $80 million in late-stage funding at a difficult time for private companies to raise capital. The series C round …

Startup Root Raises $100 Million, Prepares to Go National

Root Insurance raised a $100 million financing round in a bid to fuel market expansion and hiring as the auto insurance startup with its telematics-based platform goes national. Tiger Global Management led the Series D funding round, with Redpoint Ventures, …

2 Instech Startups Target Small Business Insurance Market

Small business insurance providers will soon have two new competitors from the technology world. Next Insurance, an online shopper for small businesses, today announced a $13 million seed investment led by investors Zeev Ventures, TLV Partners and Ribbit Capital. Next …