Tag: funding round

Delos Insurance Solutions has secured $7.3m in a seed extension round, in a significant move to address the issue of homeowners’ insurance availability in wildfire-prone areas.

FinTech funding passed the $1bn mark this week across the 23 deals - following two mega deals - including one worth a monstrous $500m.

Home insurance startup Kin Insurance has announced the closing of a $33m Series D extension.

At the heart of the ever-evolving world of data governance is OneTrust, a company known for data privacy and transparency.

Thinksurance, a firm specialising in digital insurance consultations, has successfully raised a hefty €22m in its latest funding round.

Paris-based firm, Elba, a unique cybersecurity platform working towards empowering employees to tackle cyber threats, has successfully raised €2.5m in a seed round.

The US took the leading line in this week’s FinTech deal activity. Of the 23 deals completed, 12 of these were US-based businesses.

A total of $710m was raised across the 25 FinTech funding rounds this week, with just two deals accounting to $498m of this.

Despite the FinTech sector hitting a troubling time, a total of $1.7bn was raised by 34 companies this week.

Future Fund, a company building a blockchain micro-investment platform, has pocketed $3.8m from a private sale round.