by Merlin Beyts | Nov 1, 2022 | Investment News, North America, October 2022
Elpha Secure, a cyber insurance start-up has completed a $20 million Series A round led by Canapi Ventures. Aimed at SMEs, the technology that CEO Preetam Dutta and his team have built combines cybersecurity technology with insurance products....
by Merlin Beyts | Nov 1, 2022 | Investment News, Middle-East & Africa, October 2022
Ding ding ding! Vesttoo is your latest insurtech unicorn! Mouro Capital led a Series C round worth $80 million which has garnered the company a valuation of $1 billion and means that the insurtech is yet another unicorn to come out of Israel’s scene of almost...
by Merlin Beyts | Nov 1, 2022 | Asia Pacific, Investment News, October 2022
bolttech is showing no signs of slowing down as it has secured another $50 million from Tokio Marine. Now valued at around $1.5 billion, Singapore’s only homegrown insurtech unicorn processes $50 billion worth of annualized premiums and...
by Merlin Beyts | Nov 1, 2022 | Asia Pacific, Investment News, October 2022
Indian insurtech BimaKavach, has raised $2 million in a seed funding round led by WaterBridge Ventures along with Blume Ventures, Arali Ventures and Eximius Ventures. Offering bespoke insurance solutions to...
by Merlin Beyts | Nov 1, 2022 | Investment News, North America, October 2022
Kin, a B2C home insurance provider, has received $145 million in committed debt facility led by Runway and Avenue. The first $100 million was funded immediately while the remaining $45 million will be handed over in two tranches once the company hits...
by Merlin Beyts | Nov 1, 2022 | Europe, Investment News, October 2022
And covering two buzzwords, one emerging the other re-emerging, is Otonomi which has just raised $3.4 million in an oversubscribed funding round led by ATX Ventures. Focusing on the freight...