InsurTech

CoverWallet pockets $7.8m for small business insurance

Business insurance startup CoverWallet has raised $7.8m in a Series A round led by Union Square Ventures. Index Ventures as well as existing backers also contributed.

Annexus sets up FinTech-focused VC arm

US retirement products and life insurance provider Annexus has formed a new venture firm to target InsurTech, FinTech and software startups.

Indio collects $2m for commercial insurance broker platform

Indio, a commercial insurance platform for brokers, has raised $2m in seed financing to grow its user base and platform.

Employee insurance startup Hixme takes $14.1m

Spanish banking giant BBVA’s venture capital fund Propel Ventures is investing in US-based inusrtech startup Hixme's $14.1m Series B round.

Alan picks up $13m for full-stack employee health insurance

French health insurance startups Alan has raised $13m in a new round of funding. The investment comes from CNP Assurances, Power Financial, Partech Ventures and angel investors.

Insurance marketplace EverQuote takes $23m to offer liquidity

Online insurance marketplace EverQuote has raised $23m in its Series B round of funding. The investment in the Cambridge, Massachusetts-based startup was led by Savano Capital Partners.

Startupbootcamp InsurTech pens £1m deal with Eos

Startupbootcamp’s InsurTech accelerator has inked a deal with Eos Venture Partners that will see the investor put up to £1m into the accelerators’ cohort of startups next year.

Smart home InsurTech startup Neos nabs £1m

Smart home insurance service Neos has raised £1m in a seed round from Eos Venture Partners.

Ladder banks $14m for digital life insurance

Digital life insurance startup Ladder has raised $14m in its Series A round. Canaan Partners led the round with Lightspeed Venture Partners, NYCA and 8VC also contributing.

Snapsheet nabs $20m to help insurers

Auto insurance software maker Snapsheet has raised $20m in a Series C round led by F-Prime Capital and IA Capital Group.

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