So…Where Are We Now? VC Viewpoint on InsurTech Funding Trends
Long seen as ripe for innovation, the insurance industry attracted significant attention from venture capital investors over the last few years. A renewed focus on ...
InsurTech
Hippo Sells Majority Stake in First Connect Insurance to Centana Growth Partners
InsurTech Hippo said it has sold a majority stake in First Connect Insurance Services, a digital platform for independent agents. The buyer is private equity fund Centana Growth Partners, who with ...
InsurTech Innovator Has High Hopes for Ascend
The first startup Andrew Wynn joined became a multibillion-dollar home run. The first he started sold to Hippo Insurance in 2019. Now, the 35-year-old leader is swinging for another smash hit — ...
‘Pivotal’ Q3 Sees InsurTech Root Achieves Net Income Profit for the First Time
For the first time in the company's history, Root Inc. recorded a quarterly net income profit. The Columbus, Ohio-based parent company of Root Insurance founded in 2015 recorded third quarter net ...
Delos Insurance Solutions Raises $9M in Series A Funding Round
Property insurance MGA Delos Insurance Solutions, which uses wildfire science and satellite imagery to assist homeowners with wildfire insurance availability, has raised $9 million through a Series A ...
Tech Bytes: New Partnerships at bolt, Ascend
InsurTech bolt announced a collaboration with Salesforce to launch bolt for Salesforce on Salesforce AppExchange, an enterprise marketplace for partner apps and experts. The collaboration aims to ...
Tech Bytes: New Partnerships at Mylo, Cytora
InsurTech Mylo announced its membership in the International Franchise Association (IFA), a franchising membership organization with more than 60 years of experience advancing franchisors, ...
INSHUR Raises More Than $19M in Latest Funding Round
INSHUR, a global embedded insurance provider for the on-demand economy, has raised $19 million in its latest funding round. The round was led by Viola Growth, with the participation of MS&AD ...
Herald Raises $12M in Series A Funding Round
Herald, a digital infrastructure provider for commercial insurance, announced a $12 million Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures with participation ...