German Insurtech Wefox Raises $650M in Funding, Valuing Firm at $3B June 1, 2021 By Douglas Busvine BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called...
Insurance Technology: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford May 25, 2021 Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the...
Waffle Raises $5M for Its ‘All-in-One’ Virtual Insurance Agency May 21, 2021 The insurtech Waffle has raised $5 million in seed funding, with plans to offer cyber, renters, pet, travel and life...
Insurance Comparison Site Jerry Raises $28 Million May 20, 2021 Auto insurance comparison site Jerry has raised $28 million in new financing. The startup, which operates as a licensed insurance...
P/C Insurance Firms Lead as Global Insurtech Investment Soars to $2.55B in Q1 April 28, 2021 Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021....
Insurance Startup Clearcover Raises $200M, Creating Unicorn Valued at $1B: Reuters April 13, 2021 By Noor Zainab Hussain and David French Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment...
The Zebra Raises $150 Million to Expand Online Insurance Comparison Operations April 13, 2021 Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building. “This...
Next Insurance Funding Hits $881M After Latest $250M Round April 5, 2021 By Mark Hollmer Next Insurance raised $250 million in new venture financing – a major cash infusion after a year of acquisitions and...
Insurtech Funding News: $118M for Pie; $30M for Snapsheet March 26, 2021 There have been two notable funding rounds by insurtechs this week. Workers’ compensation provider Pie Insurance has raised $118 million...
Cyber Insurance Firm Coalition Raises $175M; Plans Commercial Lines Expansion March 17, 2021 By Andrew G. Simpson Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth...