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Insurtech funding rounds continue fast and furious. Here are some from the second and third quarters of 2018.
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Pie
Type of company: Digital distributed workers’ compensation for small businesses
Amount: $11 million, Series A
Key investors: Greycroft, Aspect Ventures
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Socotra
Type of company: Cloud-based insurance core systes
Amount: $6 million, Series A
Key investors: 8VC
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Tomorrow
Type of company: Mobile app for financial management
Amount: $4.2 million
Key investors: Aflac, Allianz
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Root
Type of company: Usage-based insurance, digital distribution
Amount: $100 million, Series D
Key investors: Tiger Global Management, Redpoint Ventures, Ribbit Capital, and Scale Venture Partners
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PAI Health
Type of company: Personal health information
Amount: $9 million
Key investors: Undisclosed
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Sana
Type of company: Digital TPA for benefits
Amount: Undisclosed
Key investors: Greenlight Re
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Kittyhawk
Type of company: Drone as a service
Amount: $3 million
Key investors: Travelers
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Slice
Type of company: Turnkey episodic insurance
Amount: $20 million, Series A
Key investors: XL Innovate, Horizons, Munich Re/HSB Ventures, SOMPO, Veronorte, the investment arm of Grupo Sura, and JetBlue Technology Ventures
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Setoo
Type of company: Turnkey point-of-sale insurance
Amount: $9.3 million, Series A
Key investors: AXA
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Ushur
Type of company: AI for insurance claims
Amount: $12 million, Series A
Key investors: 8VC
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Ethos
Type of company: Digitally distributed life insurance
Amount: $35 million, Series B
Key investors: Google Ventures, Accel
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Omni.us
Type of company: AI for insurance customer experience
Amount: $22.5 million, Series A
Key investors: Target Global, MMC Ventures