French embedded insurance startup Neat secures $55 million
Neat, a Paris-based insurtech startup, has managed to raise €50 million (around $55 million at current exchange rates).
Fair Raises $1.44M in Pre-Seed Funding Round
Fair, a USA-based vehicle breakdown protection startup, raised $1.44M in Pre-Seed funding.
Walnut Insurance Secures $4.6M to Transform Insurance Distribution with Embedded Technology
Walnut, an innovative force in the insurance distribution industry, today announced the successful close of its latest funding round, securing $4.6M.
1970 Group Announces Investment by Bain Capital Insurance to Support Growth
1970 Group, a specialized risk financing provider to the insurance industry with expertise in structured financing, credit support, and risk management, today announced a significant growth capital investment from Bain Capital Insurance (“Bain Capital”), the dedicated insurance investing unit of Bain Capital, to support the continued expansion of its innovative liquidity management solutions for insured companies. Financial terms of the private investment were not disclosed.
Health insurance disruptor Sidecar Health secures $165m in Series D round
Sidecar Health, a transformative health insurance company providing major medical coverage to businesses, announced today the closure of $165m in Series D financing.
ZA Tech Rebrands as Peak3, Raises US$35M Series A from EQT and Alpha JWC
ZA Tech, the next-generation insurance core system SaaS provider, has rebranded as Peak3. With the successful completion of its US$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures, Peak3 now accelerates its expansion in the EMEA region and investments in complementary data and AI solutions.
Insurtech Eleos Secures $4 Million in Seed Funding
Eleos, an insurtech and income protection provider based in the U.K., has raised $4 million in seed funding. Fuel Ventures and Indico Capital led the round, with Berlin-based early-stage investor APX also participating. Eleos made its Finovate debut earlier this year at FinovateEurope in London.
Authentic Insurance $11M in Series A Round Led by FirstMark Capital
Source: Authentic Insurance Authentic Insurance, a company provides the infrastructure for franchisors, software companies or associations to roll out their own “captive” insurance offering, has raised an $11M Series A round led by FirstMark Capital with participation from Slow Ventures, Altai Ventures, MGV, Upper90, and Commerce Ventures. Providing the infrastructure for franchisors, software companies or associations […]
Apollo Insurance Raises CAD$18.5M in Funding
APOLLO, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, is pleased to announce the creation and launch of FinShore, a wholly owned buy-now-pay-later subsidiary.
Cover Genius secures $80m in Series E Funding round led by Spark Capital
Cover Genius, a leading embedded insurance provider, has raised $80m in a Series E funding round that was led by Spark Capital.
