Capital markets

A major stock investment in Acrisure weighed the numbers, however.

More than 97% of venture backing goes go white-owned startups. Firms like Mendoza Ventures, Chingona Ventures and MaC Venture Capital are stepping in to support underserved entrepreneurs.

A selection of notable investments in insurance startups.

The major increases included both mega-rounds and an influx of early-stage companies.

There were more than 40 rounds of more than $10 million in the quarter.

Insurtech maturity and the pandemic are driving investment.

The risk-analytics provider will buy insurance modeling platform Tyche and another company as it goes public.

The health insurance startup and its existing shareholders are offering 31 million shares at $36 to $38 apiece.

The New York-based company and its existing shareholders are offering 31 million class A shares at $32 to $34 apiece, according to a Monday filing with the U.S. Securities and Exchange Commission.

Insurance company will more than triple its commitment to insurtech startup investment.

Pandemic-challenged year sees the number of deals increase at a higher rate than the value of those deals, though both still rose.

Digital Insurance asks funders what we can expect as the world and industry emerge from the coronavirus era.

Total rounds experienced a holiday lull, but rounds over $10 million ticked higher.

Led by industry veteran Ramneek Gupta, PruVen’s first fund will invest $300 million in transformational startups.

The coronavirus pandemic did little to stop the trajectory of insurtech.

CEO Mario Schlosser said in a statement Monday that it had submitted its draft registration for an IPO to the SEC.

Buoy Health, a startup that makes a widely used Covid-19 symptom checker, has raised $37 million from investors including the venture arms of major insurers Cigna Holding Co., Humana Inc. and UnitedHealth Group.

About $5 billion has been invested in insurtech this year, and top-tier insurers have taken part in more than 60 deals.

The Columbus, Ohio-based company sold 24.2 million shares, together with investors selling 2.6 million shares of their own, at $27 each.

Bank will partner with Anthemis, which is one of the most active insurtech investors.