InsurTech
Next Insurance Reaches $881M in VC Cash After New $250M Funding Round
Next Insurance raised a whopping $250 million in new venture financing – a major cash infusion after a year of acquisitions and other actions to further growth. "This latest round of financing is a ...
AXA Joins $20M VC Round for Idelic, a Commercial Trucking Analytics Startup
AXA is an investor in a $20 million fundraising round for Idelic, a Pittsburgh-based InsurTech startup that produces commercial trucking analytics plus driver management products and services. ...
Claims Management InsurTech Snapsheet Raises $30 Million
Snapsheet, a claims management platform InsurTech, raised $30 million in new financing that will help further build out its cloud-based system and meet customer demand that has surged in the wake of ...
Pie Insurance Raises $118M From Allianz and More
Pie Insurance has pulled in $118 million in new funding, with the workers compensation provider attracting financing from Allianz and others. Executives at the Denver-based InsurTech will use the ...
Shareholder Class Action Complaint Filed Against InsurTech Root
With shares of Root Inc. trading at less than 50 percent of the late October 2020 IPO price of $27 per share, the InsurTech carrier has been named in a shareholders class action complaint, multiple ...
Counterpart Pulls in $10M to Expand Management Liability Insurance Platform
Counterpart raised $10 million in financing designed to help fuel growth of its management liability insurance platform. Valor Equity Partners led the Los Angeles-based MGA InsurTech's financing. ...
Walsh’s Goal at Google: To Make Cloud Operations ‘De Facto Standard’ for Insurance Industry
Nigel Walsh, the new managing director, U.S. Insurance for Google Cloud, has an ambitious goal for his new job. "My mission, together with the rest of the team, is clear," Walsh said. "We want to ...
Betting On Founders: How VCs Spot InsurTech Unicorns of 2025
Carrier vs. MGA. U.S. vs EU. Specialty niche vs. traditional insurance lines. There are many things that distinguish one InsurTech from the next, including financial metrics like internal rates of ...