Funding Rounds

The three largest InsurTech deals so far this year all took place during the third quarter.

COVU, an AI-enabled digital platform for insurance agencies, has raised $10m in seed funding to launch its product.

Early-stage investors’ platform Mumbai Angels Network has reportedly invested an undisclosed amount in cloud-based neobank Nemo.

The childcare marketplace startup Winnie has raised $9m in a new Series A funding round.

Vanilla, an award-winning estate planning software company, announced a significant funding round. 

Comvest Credit Partners, known for delivering flexible direct financing solutions to mid-market businesses, has announced its designation as Administrative Agent on an increased $635m senior credit facility for Beyond Finance. Beyond Finance operates out of the U.S., specialising in success fee-based debt resolution services.

Home insurance startup Hippo has picked up $14m in a Series A round led by Horizons Ventures.

Ease Capital, a tech-enabled multifamily lender, founded by a group of CRE PropTech veterans, has announced a $450m partnership with Taconic Capital Advisors.

Rho Technologies, the parent company of Rho Business Banking, has bagged $100m in debt financing to support its strategic initiatives.

South Africa-based Sendmarc, which protects against email impersonation, has reportedly raised $7m in its Series A round, as it looks to expand its team globally.