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The transaction is subject to customary closing conditions.
The companies will collaborate on a digital, data-driven approach to motor fleet insurance.
The new funding will go towards both horizontal and vertical M&A opportunities and increasing the workforce.
The transaction will result in a pre-tax gain of $28 million after considering transaction-related expenses.
The company has a target to have over $100 million of committed capital for 2024.
Synectics Solutions offers a suite of solutions to enhance AXA UK’s fraud prevention measures.
The company claims to give businesses access to "heavily discounted" services and products.
Cyberwrite will provide MAPGRE with a cyber insurance risk platform.
UK customers will have access to commission-free trading of more than 6,000 US-listed stocks.
Last week, Cruise co-founder and CEO Kyle Vogt announced his resignation from the company.
The deal is valued at $2.3 billion.
Every offers back office services for startups.
The transaction is expected to close in the first quarter of 2024.
Dutch customers will be able to purchase auto, van and corporate and professional liability insurance directly from ING.
Pillway was founded in 2017 and disclosed $5 million in funding prior to this round.