TowerIQ Raises $2M, Hires Former CTO of Plastiq to Build Digital Communication Platform For Insurance Industry

TowerIQ, a market neutral communication platform for the insurance industry today announced that it has raised $2M in seed funding. The round was led by Hyperplane Venture Capital, and includes…

Tinkoff’s Ecosystem

Tinkoff Bank, Russia’s digital-only provider of banking and insurance products has acquired a stake in Kassir.ru. Founded in 1999, Kassir.ru is Russia’s biggest ticket sales company – in 2017, its…

Digital Risks Raises £2.25 Million

London-based Digital Risks has raised £2.25m in an investment round led by Concentric, with participation from Atami Capital, Seedcamp, London Co-Investment Fund and Beazley. Founded in 2014 by Cameron Shearer, Ben Rose and Annabel Mekelenkamp,…

Lionbridge Raises $150M Led By Baidu, Sunshine Insurance

Chinese auto and logistics financier Lionbridge Financing Leasing officially announced a $150m round led by Baidu and Sunshine Capital (the investment arm of Sunshine Insurance Group).   Lionbridge will cooperate with Baidu…

Fundvisory Raises €1.8M From Macif and Aviva France

Fundvisory, the Paris-based startup that offers a white-label robo-advisory solution has raised 1.8 million euros from Aviva France and Macif.     Founded in 2015, Fundvisory provides automated and modular…

Next Insurance Raises $83M

, which recently changed its status from a digital commercial broker to a licensed insurance carrier in Delaware, Oklahoma, Arizona, North Carolina, Texas, New Mexico, Maryland and Utah, has raised $83m…

MTech Capital Completes Initial Closing of InsureTech Fund

MTech Capital has announced the initial closing of the firm’s insurtech venture fund with $75m of capital commitments from CNA, NN Group, and a top-3 global insurance company. It is looking…

Tractable Files Form D With the SEC

London-slash-San Francisco-based  filed its Form D with the SEC in connection to an equity round totaling ~$25m. Have a look here.   The AI company, established in 2014 and led by Alex Dalyac,…

Airwallex Raises $80 Million

International payments company Airwallex today announced the successful completion of its Series B fundraising. The company has now secured US$80 million from venture capital investment, taking their total fundraising to…

Planck Re Raises $12M

Planck Re, the Tel Aviv-based startup that’s on a mission to simplify commercial insurance underwriting has raised $12m in a Series A round, led by Arbor ventures with participation from…

Windward Raises $16.5M Led by XL Innovate

Windward, the maritime risk analytics startup, announced it had raised a $16.5m Series C round, bringing its total funding to date to ~$32m.     The round was led by…

BitSight Raises $60M in Series D

BitSight, the Global Standard in Security Ratings, announced that it has closed $60m in Series D funding, bringing the company’s total funding to $155m. BitSight’s Series D financing was led…

Bamboo Insurance Files Form D With the SEC

CA-based  filed its Form D with the SEC in connection to an equity round totaling ~$6m. Have a look here. “We aren’t looking to reinvent the wheel, but to add some grease…

SimpleNexus Raises $20M in Growth Capital

Digital mortgage platform developer, SimpleNexus, has announced it raised $20m in growth capital from Insight Venture Partners to accelerate continued growth and expansion.   SimpleNexus provides a private-label digital mortgage platform and…

DroneDeploy Raises $25M Series C

California-based DroneDeply announced it has raised $25M in series C funding, bringing its total funding to date to $56M. The round was led by the Invenergy Future Fund with participation from…

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