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Latest Funding Stories
IICF’s Blazing the Trail Benefit Raises $540,000 for Midwest Nonprofits
May 26 2023 // Acrisure and Greg Williams honored for philanthropic and insurance industry leadership CHICAGO, IL (May 23, 2023) – The Midwest Division of the Insurance Industry Charitable Foundation (IICF), a unique nonprofit...
AXA Venture Partners to Raise €1.5 Billion Fund for Investments in Tech Startups
May 24 2023 // AXA Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North American tech startups, targeting companies that expect to go public within three to four years. French...
Travel Insurtech Faye Raises $10M in Series A Funding
May 23 2023 // Travel insurance startup Faye said it raised $10 million in series A funding just a year after launching its product in the U.S., bringing the company’s total funding to $18M. The round was led by Munich Re Ventures...
Obie Raises $25M Series B to Expand Embedded Insurance Technology
May 23 2023 // Insurtech Obie announced it has raised $25.5 million in a series B funding round led by Battery Ventures, with participation from Brick and Mortar VC, DivcoWest, and several real estate funds and investor...
Insurtech WeFox Raises $110 Million in Extension to 2022 Funding Round
May 17 2023 // Wefox Holding AG, an insurance-technology firm based in Berlin, raised $110 million to build a platform that will make its technology available to other insurers. JPMorgan Chase & Co. and Barclays Plc provided half the...
Novidea Raises $50 Million in Series C Funding
May 8 2023 // Novidea announced it raised $50 million in Series C funding, led by Battery Ventures with participation from Cross Creek – both new investors – and the company’s existing investors, Israel Growth Partners (IGP),...
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