Venture funding

The IMA Labs arm of IMA Financial Group is selective in its choices of insurtechs to back, with rigorous evaluations

There were about 20 funding rounds in the insurtech sector.

Signs point to 2022 being another strong year for deals.

There were about 25 funding rounds.

The three winning teams will split $200,000 in prizes. Eligible insurtechs include those that had less than $250,000 in revenue last year.

During, “The View from Venture Capital,” at the Digital Insurance DIGIN conference, Dec. 10, three experts involved in venture capital firms discussed what they look for when funding a company and what’s ahead for the industry.

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.

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

The coronavirus crisis has halted regular development cycles and thrown potential entrepreneurs out of their comfort zone.

At the Hartford InsurTech Hub's second Demo Day, speakers focused on staying true to their mission to attract talent and investors.