Tagresults

Bluespine, an AI-driven claims cost reduction platform for self-insured employers, has raised $7.2 million in a seed funding round led by Team8, with participation from strategic partners, to tackle medical overbilling, which is a symptom of the $300 billion fraud, waste, and abuse (FWA) healthcare crisis.

500 Global, a multi-stage venture capital firm, and Sanabil Investments (Sanabil), a financial investment company, have announced the eighth batch of the Sanabil Accelerator by 500 Global.

Delos Insurance Solutions (Delos), a cutting-edge technology that uses wildfire science and satellite imagery expertise to solve homeowners' wildfire insurance availability issues, has raised $9 million through a Series A funding round.

Herald, a digital infrastructure provider for commercial insurance, has secured $12 million Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures with participation from Afore Capital and Underscore Venture Capital.

Holmes Murphy and BrokerTech Ventures, have announced they will be co-hosting the second annual Rapid Global Insurtech Accelerator (RGIA) in partnership with InsurTech Israel.

Insurtech startup Korint, announced a €5 million fundraising led by Ventech, with the renewed confidence of 360 Capital. This second round brings the total amount of funding raised by Korint since its creation at the end of 2022 to €7 million.

Britam’s innovation hub BetaLab, has announced the six Kenyan startups selected for its 12-week pre-incubation program. The startups were chosen for their exceptional ability to address market needs within Britam and BetaLab’s areas of operation in the finance and insurance sector through insurance technology (insurtech) and financial technology (fintech).

Inscora, a Montreal-based startup providing automated cyber risk assessment and sales enablement solutions for cyber insurance brokers, has raised $2 million in funding.

IBISA, a climate insurtech startup, has closed $3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa.

Carta, the provider of equity management solutions and Vouch, the business insurance provider for startups, have announced a strategic embedded partnership

Continuity, a pioneer in leveraging artificial intelligence and external data for professional and commercial P&C insurers, has announced a €10 million Series A funding round

Global innovation platform, Plug and Play Japan, has selected 68 startups from Japan and overseas for the Summer/Fall 2024 Batch accelerator program, which will be carried out from June 2024 to September 2024.

Just six months after completion of its pre-seed round, Eleos has raised venture capital investment of $4 million in a seed round led by Fuel Ventures and Indico Capital.

Embea, a pioneer in Embedded Insurance, has completed its seed funding round, raising a total of €4 million. The round was led by Atlantic Labs, a Berlin-based seed fund, and astorya.vc, specialized in investing in European InsurTech startups.

Getsafe, Europe’s neo-insurer based in Germany, has entered into an agreement to acquire the German customer base of French insurtech pioneer, Luko.

Kayna, the embedded insurance infrastructure platform, has closed a €1 million pre-seed funding round.

Irys Insurtech, a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems.

Berlin-based insurtech startup SureIn has closed a €4 million Seed round for its mission to provide end-to-end insurance solutions to small and medium-sized businesses (SMBs) in Europe.