venture financing News
Nationwide, Munich Re Contribute to Next Insurance’s New $83M Financing
Next Insurance raised $83 million in a new financing round, money it said will fuel its continued U.S. expansion as a full-service digital insurance carrier focused on the small business market. "Our ...
At-Bay Secures $13M Financing; Money Will Fuel Launch of Cyber Insurance Products, Services
At-Bay pulled in a $13 million round of new funding. Plans call for using the cash infusion to propel a debut of its cyber insurance products and quicken development of a proactive cybersecurity ...
Cyber Insurance Startup Coalition Raises $10M
San Francisco-based insurance startup Coalition has raised $10 million in new financing. The company, which launched in late 2017, sells cyber insurance and offers cybersecurity tools to small and ...
DroneBase Raises $12M in New Financing; Insurers Among Drone Operator’s Customers
DroneBase raised $12 million in new funding to expand its drone operations services for insurers and other businesses. Union Square Ventures and Upfront Ventures co-led the round. DJI and new ...
Quantemplate, a Machine Learning Data/Analytics Startup, Pulls in $3.3M Funding Round
Quantemplate, an InsurTech firm specializing in machine learning data transformation and analytics, raised $3.3 million in new funding to fuel its expansion plans in the UK, US. and European markets. ...
Artificial Intelligence Startup Cytora Raises $5.9M From QBE, Starr, Others
Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE's venture arm and Starr Companies. QBE Ventures, Starr Global Holding, ...
Warranty Analytics Startup WePredict Raises $4M; Munich Re Is Lead Backer
Analytics startup WePredict raised $4 million in a funding round led by Munich Re's venture capital arm HSB Ventures. Munich Re is also teaming with the company as it launches its first auto ...
XL Catlin Leads Slice Lab’s $11.6M Series A; Expansion Eyed for Pay-Per-Use Insurance Platform
XL Catlin's investor arm is the lead backer of Slice Lab's new $11.6 million Series A financing, money the InsurTech startup will use to expand its on-demand pay-per-use insurance platform. Beyond XL ...