Liberty Mutual Strategic Ventures and Assurant Ventures participated in the round.

The capital will support the planned expansion of the company's hybrid fronting insurance business.

The startup has a goal to serve 1 million clients in Europe by 2025.

Novo offers a banking platform for small businesses.

The company has invested in Ariel Re Convertible Notes.

The investment amount was not disclosed.

MassMutual Ventures led the round.

CUNA Mutual participated in the round.

PayFit provides payroll and HR management solutions.

In addition, TT has entered into a distribution agreement to market and distribute KRM22 risk management products.

Details of the multi-million-dollar funding package were not disclosed.

Alto is backed by New York Life Ventures.

Kudo is creating an ecosystem of Web 3.0 products such as Unomi and Bitquity for mainstream crypto adoption.

170+ insurance companies announced – for the first time – an investment round in 2021. We're going to break it down (showing ? for disclosed rounds only).