Top insurtech funding rounds, August 2025

September 8, 2025 4:16 PM

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There were about 50 funding events in the insurtech sector in August 2025, according to a review by Digital Insurance. What follows is a selection of these, focusing on those in the insurtech and property & casualty sectors that are part of the venture-capital financing model. (Other funding events, such as private-equity infusions, are included in the overall count.)

A portion of the data was sourced from Crunchbase. Other information, including quotes from investing VCs, comes from company announcements. For our previous edition, which covered July, click here. These updates will continue monthly.

These summaries were crafted using AI and then reviewed by the Digital Insurance editorial team.

Elysian

- Funding: $6 million seed round
- Type of company: AI-native third-party administrator (TPA) for commercial insurance
- Investors: Portage, American Family Ventures, TenOneTen Ventures

"Elysian is bringing purpose-built innovation to the core of commercial claims operations. Their platform provides adjusters with the tools to deliver better outcomes, and we're excited to support the team in their next phase of growth," said Ricky Lai, General Partner at Portage in a statement.

Supersonik

- Funding: $5 million seed funding
- Type of company: autonomous, multilingual AI agent that instantly joins video calls, showcases real software in action, and adapts every demo to the buyer in real time
- Investors: Andreessen Horowitz, strategic angels from Google, DeepMind, Salesforce

"Our vision is simple," said Daniel Carmona, CEO of Supersonik. "Every prospect should be able to click a button and get a live, personalized demo of real software, in their own language, the moment they are ready. No forms, waitlists, or back-and-forth."

Upstage

- Funding: $45 million Series B on August 20, 2025
- Type of company: a key AI company specializing in enterprise-grade generative AI solutions
- Investors: Korea Development Bank (KDB), Amazon, AMD

"This is a pivotal moment not just for Upstage, but for the future of generative AI in the enterprise. The next phase of AI is about performance, precision, and readiness for real-world complexity. That is exactly what we've built with our suite. Our collaboration with AWS brings scale, credibility, and deep technical alignment — all critical as we deliver production-ready AI from day one in high-stakes sectors like commercial and public sector insurance," said Sung Kim, Co-Founder and CEO of Upstage.

Sola

- Funding: $8M Series A on Aug 26, 2025
- Type of company: a cutting-edge insurtech company redefining property insurance
- Investors: FINTOP Capital, JAM FINTOP, 10vc, Georgia Tech

"We are excited to back Sola for the second time," said John Philpott, General Partner at FINTOP Capital. "Their unique tech, disciplined underwriting performance, and agency traction position them to capture a massive market opportunity as traditional carriers raise prices and deductibles."

Inclined Technologies

- Funding: $8M Series B
- Type of company: the leading technology platform helping consumers maximize the living benefit of the cash value in their whole life insurance policies
- Investors: HSCM Ventures, Northwestern Mutual Future Ventures

"Intuitive digital tools, like the Inclined platform, help create the swift, seamless experience our policyowners expect to manage their financial lives," said Craig Schedler, VP of Venture and Corporate Development, Northwestern Mutual Future Ventures, in a statement.