Q3 2020 insurtech funding rounds double from Q2

Insurtech funding rebounded nicely from Q2 2020 to Q3 2020, with total rounds approximately doubling and rounds over $10 million continuing an ongoing uptick. As the business community rebounded from the coronavirus pandemic, a total of 69 rounds appear in Crunchbase data analyzed by Digital Insurance. The 23 rounds of more than $10 million is indicative of a noted shift toward mature companies; this quarter's biggest round went to Bright Health, which also led the pack in Q4 2019. Following are some notable rounds from the last quarter.

Bright Health
$500 million Series E
Announced: Sept. 22, 2020
Last round: $635 million Series D; Dec. 17, 2019
Next Insurance
$250 million, Series D
Announced: Sept. 23, 2020
Last round: $250 million, Series C; Oct. 7, 2019
More on Next
Oscar Health
$225 million, Series unknown
Announced: June 26, 2020
Last round: $375 million corporate round; Aug. 14, 2018
Hippo Insurance
$150 million, Series E
Announced: July 21, 2020
Last round: $100 million, Series D; July 24, 2019
More on Hippo
Extend
$40 million, venture unknown
Announced: Sept. 11, 2020
Last round: $16.4 million, Series A; Nov. 6, 2019
Kin Insurance
$35 million, Series B
Announced: Aug 13, 2020
Last round: $47 million venture round; Aug. 27, 2019
More on Kin
Buckle
$31 million, Series A
Announced: Aug. 4, 2020
This is Buckle's first announced funding round.
More on Buckle
Branch Financial
$24 million, Series A
Announced: July 22, 2020
This is Branch's first announced funding round.
Sidecar Health
$20 million venture round
Announced: July 23, 2020
Last round: $18 million venture round; Aug. 6, 2019
High Definition Vehicle Insurance
$16 million, Series A
Announced: August 12, 2020
This is High Definition Vehicle Insurance's first announced round.
Planck
$16 million, Series B
Announced: June 10, 2020
Last round: $12 million, Series A; July 4, 2018
More on Planck
Openly
$15 million, Series A
Announced: June 24, 2020
Last round: $7.7 million seed round; Nov 26, 2019
Meet the insurtech: Openly