Founded in 2017, FRIDAY (a team of ~110) started out by providing digital car insurance.

Founded in 2015, the company enables customers to compare quotes for car, bike, health and life insurance.

The funds raised will help the company invest in tech, product, partnerships, data sciences and growth.

Abacai will retain Dayinsure as a standalone go-to-market business, and the management team will continue to lead the separate subsidiary

EIS provides a platform for underwriting and new product innovation, while managing cost efficiencies for ongoing maintenance and support.

This will enable the combined underwriting teams increased flexibility and greater opportunities to grow premium while broadening the products offered under the Ambridge brand.

The new investment values the company at $1.5 billion pre-money.

Accelerant also finalized the rollout of its proprietary underwriting and analysis platform, Accelerant InSightFull, into the US market.

The collaboration provides a streamlined digital experience to financial professionals incorporating annuities into client portfolios, giving them tools to easily navigate the annuities landscape in one centralized location.

Once the transaction closes, the entire Nuxeo business is expected to be managed under Hyland Software.

Wealthsimple will transfer all of their existing US-based customers to Betterment, and will no longer support accounts based in the US.

To this date, the company has raised $36.5 million.

The company provides technology and investment solutions for Bitcoin.

Since its inception in 2013, the company has raised ~$600 million.