by ITC Admin | Jul 1, 2022 | Investment News, June 2022, North America
Branch, a start-up offering bundled insurance, has raised $147m in Series C funding, alongside a $1.05bn valuation, proving critics wrong, and that unsteady markets are not impervious to growth. Branch, led by Steve Lekas, is unique in its...
by ITC Admin | Jul 1, 2022 | Investment News, June 2022, North America
US-based LexisNexis Risk Solutions has acquired Flyreel, a property insurtech that uses artificial intelligence and machine learning to enable self-service property inspections. Denver-based Flyreel (CEO, Cole Winans) says its technology offers...
by ITC Admin | Jul 1, 2022 | Investment News, June 2022, North America
Sana, a health insurtech firm and co-founded by Will Young, has closed a $60 million Series B funding round, amidst a surge in demand for small business health insurance. This new funding allows continued growth for Sana, who has seen their customer...
by ITC Admin | Jul 1, 2022 | Europe, Investment News, June 2022
DynaRisk, a UK-based Cyber-insurtech company, closed its seed round at a time when increased demand for risk management tools are flooding the cyber-security market. DynaRisk is the first intelligence-led cyber-Insurtech provider for both...
by ITC Admin | Jul 1, 2022 | Europe, Investment News, June 2022
Laka, a bicycle insurance firm, has announced further funding from Porsche Ventures, the VC unit of Porsche AG, bringing their Series A funding to a total of $13.5m. With no major European competitor for cycling and e-mobility...
by ITC Admin | Jul 1, 2022 | Europe, Investment News, June 2022
Oura smart ring (co-founded by Petteri Lahtela), a personal biometrics device that tracks activity, heart rate, temperature and sleep, has partnered with fashion house Gucci, to release a £820 smart ring, with the strategic partnership program...