InsurTech
Cover Genius Announces $80M Series E Funding Round
Cover Genius, an InsurTech for embedded protection, announced its $80 million Series E funding round. The round was led by Spark Capital with support from existing investors, including Dawn Capital, ...
Lemonade Books Q1 Net Income Loss But Sees Progress
InsurTech Lemonade followed 2023—"the year when the plan came together"—with a first quarter 2024 net loss of $47.3 million. The result is about 28 percent better than the same time a year ago ...
Personal Auto Insurance Competition Heating Up, Root Execs Say
Personal lines InsurTech Root reported its first-ever quarter of operating profit and first-ever gross combined ratio below 100 for first-quarter 2024 while more than doubling gross written premiums ...
ICEYE Announces Agreement for $93M Growth Funding Round
ICEYE, a provider of synthetic aperture radar satellite operations for Earth Observation, persistent monitoring, and natural catastrophe solutions, announced that a definitive agreement was signed ...
InsurTech Profile: Optimalex’s AI Tools ‘Co-Pilot’ Alongside Human Expertise
For Frank Giaoui, processing insurance claims efficiently isn't just a part of his business, it's personal. "It's actually an unfortunate experience that brought me into the insurance space where I ...
Novidea Secures Additional $30M, Bringing Total Series C to $80M
Novidea, a creator of a cloud-based, data-driven enterprise insurance management platform, announced it has raised an additional $30 million from HarbourVest Partners, bringing its total Series C ...
InsurTech Neural Earth Secures $1.4M in Pre-Seed Funding
Neural Earth, a provider of artificial intelligence data analytics for property/casualty insurance, announced the close of its oversubscribed $1.4 million pre-seed funding round. The tech company ...
AI Gun Detection InsurTech ZeroEyes Selected for Lloyd’s Lab
ZeroEyes, the creators of an artificial intelligence-based gun detection video analytics platform, announced that it has been selected for the Lloyd's Lab Accelerator program. The company was ...