InsurTech

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.

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