Best Read Funding Headlines
Headlines from our Funding Topic Page with the most time spent reading.
#1 Openly Secures $100 Million in Series D Funding
Sep 21 2023 // Insurtech homeowners insurer Openly said has raised $100 million in Series D funding, led by Eden Global Partners. There was additional participation in the round from a mix of current and new investors including Gradient...
#2 Judge Refuses to Block Venture Capital Fund’s Grants for Black Women
Sep 27 2023 // A federal judge in Atlanta on Tuesday rejected a bid by the anti-affirmative activist behind the successful U.S. Supreme Court challenge to race-conscious college admissions policies to bar a small venture capital fund...
#3 Appeals Court Blocks Venture Capital Fund’s Grant Program for Black Women
Oct 3 2023 // A federal appeals court on Saturday blocked a venture capital fund from moving forward with a program that awards funding to businesses run by Black women in a case by the anti-affirmative action activist behind the...
#4 Fla. Senate Panel Votes to Raise Citizens’ Policy Cap to $1M, End Glidepath for Some
Jan 17 2024 // The Florida Senate’s Banking and Insurance Committee on Tuesday approved a bill that would make the state-backed Citizens Property Insurance Corp. more like an insurer of last resort, unrestricted by premium caps –...
#5 Commercial Fleet Insurtech Nirvana Secures $57M in Series B Funding
Oct 18 2023 // Nirvana Insurance announced a $57 million Series B funding round with Lightspeed Venture Partners investing again to lead the round, and additional participation from General Catalyst and Valor Equity Partners. The new...
#6 Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk
Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...
#7 Venture Capital Fund Ends Grant Program for Black Women After Lawsuit
Sep 13 2024 // An Atlanta-based venture capital fund on Wednesday agreed to stop operating a program that awarded grants to small businesses run by Black women to settle a lawsuit by an anti-affirmative action group that claimed it...
#8 Insurance Broker TWFG Aims to Raise Up to $176M in IPO
Jul 10 2024 // Insurance broker TWFG, backed by reinsurer RenaissanceRe, said on Tuesday it is aiming to raise as much as $176 million in its initial public offering in the United States. TWFG is offering 11 million shares at a price...
#9 Insurtech Startup QuoteWell Comes Out of Stealth With $15M in Series A Funding
Oct 25 2023 // Tech-enabled commercial insurance wholesale brokerage QuoteWell announced its public launch to serve independent retail agents. Founded in 2021, the insurtech said it “helps agents who are often overlooked and given...
#10 Cowbell Secures $60M Series C Funding From Zurich
Jul 30 2024 // Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced on July 26 that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a global multiline...
#11 People Moves: Berry Joins Alliant as Venture Capital Leader, Executive Vice President
Dec 11 2023 // Dan Berry joined Alliant Insurance Services as venture capital leader, executive vice president, with Alliant M&A. Based in San Francisco, Berry previously served as private equity and venture capital group leader at...
#12 Insurtech Cake Completes $1.3M in Pre-Seed Funding
Feb 20 2024 // Cake, an insurtech based in Indianapolis, has announced the completion of a $1.3 million pre-seed funding round led by venture capital company Markd. Additional sponsors included 2ndF, Iridium Bloom LLC, 101 Weston Labs,...
#13 Cyber Startup Wiz Raises $1B in Private Funds, Valued at $12B
May 8 2024 // U.S.-Israeli cloud cybersecurity startup Wiz said on Tuesday it raised $1 billion in a private funding round that values the four-year old company at $12 billion. Wiz, which has raised $1.9 billion since its founding in...
#14 Embedded Business Insurance Agency Coverdash Raises $13.5 Million
Feb 29 2024 // Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding. Coverdash’s technology package gives businesses...
#15 AI-Driven Insurance Platform Indemn Raises $1.9 Million
Feb 1 2024 // New York-based Insurtech platform Indemn announced it has closed a $1.9 million pre-seed funding round. The round was led by venture capital firm Markd, with participation from Afterwork Ventures, Everywhere Ventures, and...
#16 VC Firm Accel Raises $650M to Invest in AI, Cybersecurity Startups in Europe, Israel
May 14 2024 // Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new fund will be...
#17 California Restaurant Mutual Benefit Group Raises $100M
Oct 18 2023 // California Restaurant Mutual Benefit Corp. raised $100 million in capital over the past decade from its members and through fiscal controls. CRMBC is a California self-insured group that provides workers’...
#18 Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding
Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
#19 CyberSaint Raises $21M for Automating, Quantifying Cyber Risk Management
Mar 21 2024 // Boston-based cyber risk management firm CyberSaint reports it has raised $21 million in Series A funding led by Riverside Acceleration Capital. Additional participating investors include Sage Hill Investors, Audeo Capital,...
#20 India Insurance Startup Raises Funds at $650 Million Valuation
Oct 11 2023 // Indian startup InsuranceDekho has raised $60 million in Series B funding, driving the online insurance seller’s valuation to more than $650 million. Investors including Japanese giant Mitsubishi UFJ Financial Group...
