Start-up funding

Brittany Clements of American Family Ventures spoke to Digital Insurance about the insurtech investment fund, and shared details about how it backed certain startups.

Global insurtech funding increased from about $917 million in the second quarter of this year to about $1.1 billion in the third quarter.

There were about 40 funding events in the insurtech sector in September, according to a review by Digital Insurance.

Today, when life insurtechs start fundraising, VCs ask them about their loss ratios—an impact of the insurtech 1.0 market crashes. But this question signals that venture capitalists still have a nascent understanding of the overall insurtech ecosystem and the various business models within.

There were more than 40 funding events in the insurtech sector in July, according to a review by Digital Insurance.

There were more than 30 funding events in the insurtech sector between June 1 and June 30, 2023, according to a review by Digital Insurance.

Having first focused on pet insurance, the seven-year-old firm has since expanded into parcel, fire, home and health products. It also insures digital assets from hacking and malware and theft.

Groundspeed Analytics was seeking to raise venture capital funding when Insurance Quantified made the initial contact.

Longtime industry executive Henna Karna joins as entrepreneur-in-residence

Austin-based Vista bought insurance technology provider Duck Creek Technologies Inc. earlier this year.

bolttech lands $196 million; Wefox added $110 million to a $400 million Series D.

The company, which currently operates in six countries, is planning to use some of the funding to develop a platform for other insurers to build insurance products via Wefox's technology.

As funding realities change for insurtechs, new emphasis areas are likely to emerge.

Inshur led the way with a big round and an acqusition.

There were more than 30 funding events in the insurtech sector.

The startups will receive $50,000 in seed funding.

The collapse of Silicon Valley Bank ratcheted up the financial pressure on startup companies that was already building. How can new entrants adapt?

Some venture capitalists raced to assist in setting up temporary cash funds to help affected startups make payroll next week.

Being immersed in the startup ecosystem can be the answer to staying ahead of the innovation curve.

Most rounds were Series A or earlier.