This week's funding round wrap-up is here and it's a biggie!
Apologies for the Tuesday delivery (better late than never, right? 😉), but let's dive into the exciting highlights making waves in the headlines.
🚀 Diesta, the London-based insurtech startup, has closed a £1.5m million seed funding round. The round included participation from Restive , SixThirty, Antler, Systemanova.vc, and Westerly Ventures, Inc..
French insurance startup Goodvest has raised €6.7 million from Ring Capital, Polytechnique, and ALM - Innovation Group, the investment arm of French insurer AG2R LA MONDIALE.
🚀 Cyber insurance provider Cowbell has raised $25 million in new funding from Prosperity7 Ventures
🚀 Real estate brokerage firm Radius Agent has raised $13 million in Series B funding led by AVP (AXA Venture Partners) PARTNERS, with participation from NFX, Cota Capital, and others
🚀 French insurance startup Flitter has raised €3.5 million in a funding round led by Helvetia Venture Fund, with participation from Frenchfounders and others
🚀 Hadron Insurance, a hybrid carrier offering capacity and fronting services, has launched with an A- (Excellent) rating from AM Best in Financial Size Category VIII with more than $250 million in capital support from Altamont Capital Partners and other institutional investors
🚀 Next Insurance announced its strategic partnership with Allstate that will combine the companies’ expertise in small business insurance to develop and offer “innovative and unique new products to a large underserved market”.
🚀 Insurance technology provider Layr has closed a $10 million round of financing led by Cota Capital, with participation from The K Funds, HSCM Ventures, Sandbox Industries, and Flyover Capital.
🚀 Generali is committing €250 million to invest in new opportunities through Generali Ventures.
🚀 Boundless Rider has raised $4.25 million in new funding led by American Family Ventures, with participation from Belmont Capital, LLC, and Assurity Life.
🚀 Upfort, a provider of cyber security and insurance, has raised $8 million in a Series A funding round led by SYN Ventures
🚀 UK-based insurance startup Assureful has closed a $1.5 million pre-seed funding round led by Markd, with participation from Greenlight Re Innovations
🚀 Canopy Connect Raises $6.5M Series A Led by NevCaut Ventures
🚀 Commercial insurance wholesale brokerage QuoteWell is publicly disclosing $20 million in funding with backing from New Enterprise Associates (NEA), Goldcrest Capital, and Floating Point.
Congratulations to everyone involved 👏
Insurance Leader | Strategic Visionary in Claims and Risk Management | Innovating with InsurTech
2moLove to see it. Making life easier for startup founders! Simplifying D&O means more time for scaling and less for stress. 🚀👏