Tag: insurtech
Shift5 nets $33m to aid onboard data in commercial and military...
Shift5, a firm specialising in onboard data, has announced a $33m rise in its finances, bolstering its Series B round to an impressive $83m.
Molten Ventures reduces Revolut valuation by 40%
Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
AI analytics leader EdgeTier lands €6m, spearheaded by Smedvig Capital
EdgeTier, the Dublin-based AI platform that revolutionises customer experience by leveraging conversational data, has announced the successful acquisition of €6m in Series A funding.
Chicago start-ups set for $10m climate change investment via 2c2i scheme
Chicago's local climate-focused start-ups are set to benefit from a significant investment initiative, 2c2i. The programme is a collaborative effort between the Exelon Foundation and Exelon Corporation, offering a significant financial impetus to innovative companies battling climate change.
Frankfurt-based InsurTech Thinksurance rakes in €22m
Thinksurance, a firm specialising in digital insurance consultations, has successfully raised a hefty €22m in its latest funding round.
Wallife unveils digital identity theft insurance to guard UK consumers
Wallife, the Italian InsurTech, has taken a bold step to protect UK consumers from the ever-growing risk of online threats. Known for its innovative insurance...
bolt and Bamboo pioneer new smartphone coverage products
bolt, the largest technology-enabled InsurTech exchange in the country, has announced a significant partnership with Bamboo, an organisation delivering property and casualty insurance with a focus on simplicity, transparency, and savings.
Global InsurTech seed deal activity drops more than 50% in Q1...
Key Global InsurTech seed investment stats in Q1 2023
• InsurTech deal activity reached 39 deals in Q1 2023, a 53% drop from Q1 2022
•...
Amsterdam-based InsurTech Insify attracts $10.7m
Amsterdam-based InsurTech firm, Insify, has successfully sealed its Series A funding round by amassing an additional $10.7m.
Texas-based Keep Aware secures $2.4m for next-level browser security
Keep Aware, a firm that aims to shield web browsers from potential hacker threat, has successfully raised $2.4m in a seed funding round.