Top insurtech funding rounds, December 2025

January 7, 2026 3:43 PM

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There were about 40 funding events in the insurtech sector in December 2025, according to a review by Digital Insurance. What follows is a selection of these. (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 November, click here. These updates will continue monthly.

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

Nirvana

Funding: $100 million Series D
Type of company: AI-native insurer
Investors: Valor Equity Partners, Lightspeed Venture Partners, General Catalyst

"This funding is an accelerator, and I'm truly energized by what we're building behind the scenes right now. The capital allows us to expand our AI-powered operating system for insurance; deepen investment in the data flywheel that drives better outcomes; extend the platform to solve new challenges for fleets," said Rushil Goel, co-founder and CEO at Nirvana Insurance, in a post about the funding.

Angle Health

Funding: $134 million oversubscribed Series B round
Type of company: the first vertically-integrated AI platform for healthcare benefits
Investors: Portage, Blumberg Capital, Mighty Capital, PruVen Capital, SixThirty Ventures, TSVC, Wing VC, Y Combinator

"The healthcare benefits ecosystem wasn't designed for the small-to-medium-sized businesses that employ nearly half of America's workforce, and legacy technology can't deliver on the efficiencies and savings unlocked by AI," said Ty Wang, co-founder and CEO of Angle Health. "We're rebuilding healthcare infrastructure and care pathways to give all employers access to the comprehensive benefits historically reserved for large enterprises."

Ben

- Funding: $27.5m (£20.8m) raised
- Type of company: AI-native intelligent benefits platform, uniting a fragmented industry of brokers, providers and employers into a single ecosystem
- Investors: Mercia Ventures (lead), Atomico, Cherry Ventures, DN Capital, Seedcamp, QuantumLight Capital

"Employee benefits have never been more important — and never harder for global employers to manage," said Sebastian Fallert, co-founder and CEO of Ben. "For years, enterprises have been held back by fragmented systems and manual processes. AI changes that. It gives employers a way to tackle complexity at its source — in the rules, workflows and data that sit between HR, providers and payroll. This investment lets us bring that approach to more markets so benefits teams can spend less time on administration and more time supporting their people."