Barcelona-based insurtech startup Weecover closes a €2.3 million investment round to expand internationally

Weecover, the Spanish insurtech startup specialising in embedded insurance, has just closed a €2.3 million seed round led by Nauta Capital. Founded in 2019, the Barcelona-based startup has created a plug-and-play insurance solution that allows companies to embed customised insurance products seamlessly into their sales processes, both online and offline. Through its API-first platform, Weecover […]

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Singapore-based insurtech startup Surer nabs seed round to bolster its product development

There is an imbalance between demand and supply of general insurance due to the tedious workflow and processes that insurance intermediaries and insurance companies face.  Singaporean insurtech company Surer, which automates the workflow and processes via a cloud-based platform, helps insurance intermediaries get rapid access to insurance quotations and insurers to distribute their products more efficiently. […]

London-based insurtech startup Humn secures €11.9 million to expand with its data-driven fleet insurance across Europe

London-based insurtech startup Humn has just raised €11.9 million in Series A funding led by BXR Group and Shell Ventures as well as Hambro Perks Leaders Fund and Woodside Holdings. With the fresh capital, Humn aims to further develop its unique insurance data capabilities and expand the commercial functions of the business, as well as […]

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YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers

The average penetration rate for insurance in Africa is between 3% to 5%. South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. The insurance market is still one of the industries […]

Equity Monday: Byju’s raises more money, somehow, as tech stocks fall

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]

Stable raises $46.5M in Greycroft-led round to help businesses manage ‘volatile’ commodity prices

Stable, an insurtech aiming to help minimize a businesses’ risk due to volatile commodity prices, today announced it has raised $46.5 million in a Series A round of funding led by Greycroft. Notion Capital, Anthemis, Continental Grain and existing backers Syngenta and Ascot also participated in the financing, which brings the Chicago-based startup’s total raised […]

Stockholm-based insurtech startup Hedvig raises €38.6 million for European expansion

Following its recent launch into Denmark, the Nordic neo insurer Hedvig announced today that it closed a €38.6 million Series B funding round led by Anthemis, with participation from existing investors including Cherry Ventures, Obvious Ventures, CommerzVentures, along with Swedish Novax, Nineyards Equity, Jonas Kamprad and Mathias Kamprad. In just a few years, Hedvig, a […]

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