The UK-founded no-code insurance customer and policy management platform INSTANDA has landed $19.5 million in a Series A funding round. The investment was led by Assembly Capital Partners and will be used to support the company’s expansion effort in the US, Europe, Asia, and Latin America. INSTANDA claims to be the “insurance industry’s first no-code […]
In a couple of weeks, we’ll participate in The Big Score in the lovely city of Ghent, Belgium, an international venture capital & corporate innovation event that will feature 50 of Europe’s most promising growth stage scale-ups and 25 interesting Belgian startups. One of the scale-ups that will be also in attendance is Berlin-based omni:us. […]
Brussels-based insurtech startup Qover has raised €8 million in a funding round led by Alven and Portag3 Ventures, with participation from the existing investor Anthemis. The idea of Qover is to offer insurance products via “open APIs and white-label front-ends,” the company said in a statement. It claims that its non-life insurance products can be […]
The UK-founded insurance startup yulife has raised £10 million in a funding round led by Creandum Funds, with participation from MMC Ventures, Notion Capital, Anthemis Exponential Ventures, RGAX, and OurCrowd. According to the company, 87 percent of SMEs have no life insurance for their employees in place. The startup tries to solve this by offering […]
Tel Aviv-based “specialised mobility” insurance startup VOOM has landed $5 million in a funding round led by Arbor Ventures with participation from F2 Capital, Verizon Ventures, Kaedan Capital, and Plug and Play Ventures. This capital injection brings the total amount raised by the company to $7 million. VOOM, which also incorporates SkyWatch.AI, offers insurance products […]
Madrid-based insurtech and visual intelligence startup Bdeo has raised €1 million in funding from Big Sur Ventures and K Fund. Bdeo helps insurance companies to go through the digital transformation by offering what it calls a “visual intelligence” platform. The startup digitises the processes of purchasing an insurance policy and registering a claim with a […]
Cytora, a British startup that provides AI-powered products for the commercial insurance industry, has landed £25 million in a funding round led by EQT Ventures, with participation from Cambridge Innovation Capital, Parkwalk, and several angel investors. The startup spun out of the University of Cambridge in 2014 to focus on applying AI to commercial insurance. […]