AI-Driven Embedded Insurance Platform Mulberri Announces $6.75 Million Series A Led By Eos Venture Partners
Mulberri, an AI-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation from existing investors Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partners (via insurance enterprises in its portfolio). Zach Powell, General Partner of Eos Venture Partners, will join Mulberri as a board member.
InsurTech Igloo closes $36 million funding
Regional insurtech Igloo today announced that it has closed a US$36 million Pre-Series C funding round.
Paris-based insurtech Flitter secures €3,5 million to expand usage-based car insurance
French insurtech Flitter has just secured a new funding round of €3,5 million. The round was led by Swiss insurer Helvetia through its Helvetia Venture Fund, including backing from prominent figures in the tech and insurance space, including Stéphane Treppoz, ex-CEO of Sarenza, Christophe Eberlé, founder of the consulting firm Optimind, Frenchfounders fund, Laurent Ritter, co-founder of Voodoo, and Adrien Montfort, co-founder of Sorare.
Allstate and Allianz invest $265 million in Next Insurance in a big bet on insuretech
Allstate and Allianz are making a sizable bet on the digital transformation of the commercial insurance market with a $265 million strategic investment in Next Insurance, an insuretech startup focused on the small business market.
Goodwell Leads $1.5 million Extension Round For Emerging Market Insurtech Inclusivity Solutions
Impact investor Goodwell Investments has announced the completion of an extension round with Inclusivity Solutions, an award-winning insurtech that delivers embedded insurance solutions.
Assureful Raises $1.5M In Pre-Seed Funding
Assureful, a Seattle, WA-based insurance provider built exclusively for Amazon and eCommerce sellers, raised $1.5M in Pre-Seed funding.
Specialist bike insurer, Bikmo raises £3.4 million to drive European expansion
Bikmo, the specialist insurer focused on cycling and e-mobility based in Flintshire, has secured £3.4 million in a Series A extension round. This round was spearheaded by Puma Private Equity, and the funds will be used to expedite the company’s expansion across Europe and foster advancements in their product offerings. With the European cycling market experiencing rapid growth, Bikmo, a B Corp certified insurer, currently safeguards over 75,000 riders in the UK, Ireland, Germany, and Austria. They are now actively working on extending their presence to additional European markets while providing support to international partners.
Carefull raises $16.5 million
Carefull, an AI-powered financial safety platform, has successfully completed its Series A funding round, securing $16.5 million in investment. The round was led by Fin Capital and included participation from Bessemer Venture Partners, TTV Capital, Commerce Ventures, Montage Ventures, and Alloy Labs. This latest funding brings Carefull’s total capital raised to $19.7 million. Carefull is […]
Matic Raises $20M Series B Extension Up-Round With New Investors
On October 11, 2023, Matic, an embedded insurtech platform, announced $20 million in funding, which serves as an extension to its Series B financing round. This round involved $17 million in Series B equity, with IA Capital Group and Cultivation Capital co-leading the investment, as well as participation from existing investors Fenway Summer, MTech Capital, […]
