VentureCapital Archives - InsurTechForum

Swedish insurtech Greater Than has raised nearly SEK136m ($16.1m) through a directed share issue in a bid to support its growth. Cuarto, a subsidiary in the Nidoco group, subscribed the entire share issue. The insurtech plans to use the new proceeds to further scale-up its business and technology, and expedite revenue generation. Greater Than focuses Read More

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Global insurtech funding reached $7.12 billion across 377 deals, the most in any year to date

February 2, 2021 Timo DregerInsurTech, VentureCapital0 comment

Insurtech raised more funding in 2020 than ever before. Late-stage mega-rounds helped global insurtech funding reach $7.12 billion across 377 deals this year, and Life & Health insurtechs will further accelerate funding in 2021. Global insurtech funding reached $7.12 billion across 377 deals, the most in any year to date, per Willis Towers Watson (WTS). Total Read More

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Fintech Albert raises $100m

January 27, 2021February 2, 2021 Timo DregerFinTech, VentureCapital

CapitalG, Alphabet’s independent growth fund, Portag3, and QED joined the round, which brings Albert's total funding to date to $173 million. Since launching in 2016, Albert has signed up more than five million users, helping them to save over $500 million through financial automation. The company mixes this automation with a personal touch through its Read More

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Insurtech startup Sidecar Health’s valuation hits $1B

January 27, 2021February 2, 2021 Timo DregerInsurTech, VentureCapital

A new startup unicorn has emerged: insurance technology company Sidecar Health. The El Segundo, California-based company announced Tuesday that it raised $125 million in its series C funding round at a valuation of $1 billion. The company uses a “cash price” model that enables members to pay lower prices to their healthcare providers as compared Read More

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‘Self-pay’ insurtech startup Sidecar Health hits unicorn status with $125M Series C

January 27, 2021January 27, 2021 Timo DregerInsurTech, VentureCapital

The startup's app prices care using cash rates, while letting its members choose their preferred care by comparing the costs of their local providers. Price transparency and direct-payment insurance startup Sidecar Health has announced a $125 million Series C round led by Drive Capital. New investors BOND, Tiger Global and Menlo Ventures, as well as Read More

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Rhino Raises $95 Million To Grow Rental Deposit Insurance Offering

January 27, 2021January 27, 2021 Timo DregerInsurTech, VentureCapital

Rental security deposit insurance startup Rhino, based in New York City, has raised $95 million to help reach its goal of saving renters $500 million in 2021."Putting renters first in our business has given us the opportunity to become renter advocates at a national level," Paraag Sarva, CEO at Rhino, said in a press release Read More

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That Was the Year That Was

January 26, 2021 Timo DregerFinTech, InsurTech, VentureCapital0 comment

We are as glad to see 2020 in the rear-view mirror as you are. It was a long and trying year. And yet, in spite of the uncertainty and fear, lockdowns and upped antes, the FinTech Sandbox community persevered. We are amazed by — and frankly proud of — what members of the FinTech Sandbox Read More

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Aviva expanding investments in FinTech and InsurTech through new collaboration with venture capital firm Anthemis Trend

January 26, 2021 Timo DregerFinTech, InsurTech, VentureCapital0 comment

Aviva aims to transform its customer experience through innovation. To support this goal Aviva, working with Anthemis, has committed to invest new capital in innovative companies that are advancing the digital transformation of the financial services sector. Anthemis will deploy capital on behalf of Aviva through various funds focused on early and growth stage investments1 Read More

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European VC Report 2020: Strong Fourth Quarter Closes Out 2020

January 26, 2021January 26, 2021 Timo DregerVentureCapital

The European venture markets held up in 2020, despite the slowdown in funding in response to the pandemic in the first quarter and leading into the second quarter of 2020, according to Crunchbase data. Funding to European startups last year totaled $40 billion, down a mere 4 percent from 2019 at $41.8 billion. This marks Read More

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Israeli Digital Payment Solution Startup Melio Valued at $1.3b

January 26, 2021January 26, 2021 Timo DregerFinTech, VentureCapital

The startup raised another $110 million, as business increased more than 20-fold during the coronavirus crisis By Amitai Ziv Melio, the startup that provides digital payment solutions for small businesses, finished an astounding year by raising $110 million, based on a valuation of $1.3 billion. Melio has developed a digital platform that allows small businesses Read More

Tag: VentureCapital

Swedish insurtech Greater Than raises more than $16m

Global insurtech funding reached $7.12 billion across 377 deals, the most in any year to date

Fintech Albert raises $100m

Insurtech startup Sidecar Health’s valuation hits $1B

‘Self-pay’ insurtech startup Sidecar Health hits unicorn status with $125M Series C

Rhino Raises $95 Million To Grow Rental Deposit Insurance Offering

That Was the Year That Was

Aviva expanding investments in FinTech and InsurTech through new collaboration with venture capital firm Anthemis Trend

European VC Report 2020: Strong Fourth Quarter Closes Out 2020

Israeli Digital Payment Solution Startup Melio Valued at $1.3b