Greek insurance tech startup Hellas Direct raises €7 million

Hellas Direct, an insurtech startup based in Athens, has raised €7 million in a Series B round led by the World Bank’s IFC with participation from Third Point, Endeavor Catalyst, Portag3 Ventures and investors Lord O’Neill and Jon Moulton. Hellas Direct is an online insurance provider using AI to improve the entire process, with a […]

Dinghy raises $1.2 million to provide to insurance to freelancers and gig workers

Dinghy, a UK-based insurance tech (insurtech) startup has raised $1.2 million in a seed round led by Balderton Capital with participation from ReSolution and a number of angels. The startup launched its mobile-first insurance product this week. It targets developers, designers, consultants, and professionals that typically work on a freelance basis, providing protection against business […]

Gig economy insurance provider Zego raises £6 million

Zego, a pay-as-you-go insurance provider for gig economy workers, has announced a Series A funding round of £6 million led by Balderton Capital with participation from LocalGlobe and a number of angel investors. The Series A round follows the company’s last funding round of £1.2 million in July. London-based Zego was founded by a group […]

Blockchain company Stratumn adds further €1 million to its Series A round

French blockchain startup Stratumn has raised a further €1 million for its Series A round led by BNP Paribas Cardif’s C. Entrepreneurs fund. The additional funding brings the round to a total of €8 million following the announcement of its €7 million cash injection during the summer from CNP Ventures, Nasdaq, Digital Currency Group, and […]

Insurance tech startup Homelyfe raises £2.4 million

Homelyfe, a London-based insurance tech startup, has raised £2.4 million led by Talis Capital and Peterson Ventures. Homelyfe develops an app for buying insurance, getting quotes, and reviewing multiple policies. It plans to add multiple general insurance lines starting early next year with home insurance. The new funds will be used to follow its “aggressive” […]

Insurance tech company Shift Technology raises $28 million

French insurance tech SaaS firm Shift Technology has raised $28 million in a Series B round led by Accel and General Catalyst with participation from Elaia Partners and Iris Capital. Shift develops software that automates fraud detection processes using artificial intelligence and recently launched a version of the software for the healthcare sector. According to […]

Insurance tech app Coverfy raises €3.5 million in fresh funding

Barcelona-based insurance tech startup Coverfy has raised €3.5 million from K Fund, Seaya Ventures, and Sabadell Venture Capital. Launched last year, the app allows users to browse and compare insurance coverage and has reached 60,000 users. Coverfy will invest the new cash in market expansion and further development of the app. “Coverfy strives to allow […]