Tag: T. Rowe Price Associates

2021 was another year of growth for the InsurTech industry, with funding setting an annual record of $9.1bn only nine months into the year. But what were the biggest deals?

Socure, provider of digital identity verification and fraud solutions, has been valued at $4.5bn following an oversubscribed $450m funding round.

Stash, which helps Americans build diverse investment portfolios, has netted $125m in its Series G funding round after a record year of growth.

Health insurance company Bright Health has closed its Series E round on $500m, which brings its total capital raised to $1.5bn.

PropTech startup JetClosing has bagged $9m in its Series B round as it plans to move into new markets.

Banking technology startup nCino is going public and has provided more details about its asking price for a stake in the company.

India’s payment giant Paytm has closed its latest round of funding as it looks to deploy RS 10,000 Cr ($1.4bn) to increase financial inclusion to more users in the country.

Unified analytics solution Databricks has collected $400m in its Series F round, only months after closing its Series E on $250m.

Gusto, an employee benefits platform, has raised $200m in a Series D round led by late-stage investor Fidelity Management & Research and sustainable investor Generation Investment Management.

Restaurant management and POS company Toast has reportedly raised $250m in a funding round which values the company at $2.7bn.