French InsurTech Otherwise grabs €1.6m Seed round
Collaborative insurance startup Otherwise has picked up €1.6m in a Seed funding round. The investment comes from 360 Capital Partners and Bpifrance as well as other private investors.
InMyBag pockets £300k to insure freelancers’ laptops
London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.
Irish InsurTech startup ClaimVantage picks up €2m
Insurance claim management software provider ClaimVantage has raised €2m to fuel its international expansion efforts.
Fabric nabs $2.5m to simplify life insurance
Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. The startup's basic package only covers accidental death, which it says is the primary cause of death for 25 to 34-year olds.
Simplesurance lands Rakuten backing as funding passes €30m
Japanese web giant Rakuten is making another European investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance.
Insurify takes $4.6m for car insurance comparison bot
Insurance policy comparison bot Insurify has raised $4.6m in a Series A round co-led by MassMutual Ventures and Nationwide Ventures.
EverQuote lands additional $13m for insurance marketplace
Online insurance marketplace EverQuote is adding $13m to its $23m Series B round and appointing a new member to its board.
Cuvva parks £1.5m for pay-as-you-drive insurance
Pay-as-you-drive car insurance startup Cuvva has raised £1.5m in a new round of funding led by LocalGlobe.
Swiss insurer Helvetia looks to back startups with $55m VC fund
Swiss insurer Helvetia is the latest traditional institution to move into startups investment with the launch of its newly established venture fund.
BoughtByMany grabs £7.5m for group-powered insurance
London-based insurtech startup BoughtByMany has raised £7.5m in a Series A round. Octopus Ventures led the investment.