insurtech

3 lessons from Root’s IPO pricing

No matter who wins the election, or how the transition goes -- if the markets stay rich, the IPOs can flow.

Root targets $6B+ valuation in pending IPO, a boon for insurtech startups

This morning Root Insurance, a neoinsurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO.

As tech stocks dip, is insurtech startup Root targeting an IPO?

During the week’s news cycle one particular bit of reporting slipped under our radar: Root Insurance is tipped by Reuters to be prepping an IPO that could value the neo-insurance provider at aro

EasySend raises $16M from Intel, more for its no-code approach to automating B2C interfaces

No-code and low-code software have become increasingly popular ways for companies — especially those that don’t count technology as part of their DNA — to bring in more updated IT pr

Indonesian insurtech startup PasarPolis gets $54 million Series B from investors including LeapFrog and SBI

PasarPolis, the Indonesian-based startup focused on making insurance policies more accessible in Southeast Asia, has closed a Series B round totaling $54 million. Investors include LeapFrog Investment

Don’t let VCs be the gatekeepers of your success

I assumed most investors were jerks in pitch meetings, but my white colleagues told me the level of disrespect and dismissiveness I received was not typical.

Insurtech unicorn Lemonade raises IPO range ahead of debut

Ahead of its expected IPO pricing later today, SoftBank-backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now

Lemonade targets down-round pricing in impending IPO

Earlier today, insurtech unicorn Lemonade filed an S-1/A, providing context into how the former startup may price its IPO and what the company may be worth when it begins to trade. According to its ne

3 questions for Lemonade’s IPO

While we await a fresh IPO filing from heavily backed insurtech startup Lemonade, let’s talk a little more about its public offering. Since our first dig into its S-1 filing, TechCrunch has spok

Insurance data analytics platform Planck raises $16 million Series B

Planck, an AI-based data platform for insurance underwriting, has raised a $16 million Series B led by Team8 Capital. The New York-based startup anticipates that clients will need to handle an influx

VCs pulled back from fintech in Q1

If you read the headlines, you'd be excused for thinking that venture capital investment into financial-technology companies is at an all-time high.

Hong Kong insurtech startup OneDegree launches its first product, medical coverage for pets

OneDegree, the Hong Kong-based insurance technology startup, launched its first product today, a line of medical plans for pets called Pawfect Care. The company will introduce other products, includin

Coterie raises $8.5M to build ‘commercial insurance as a service’

Ohio-based Coterie, a startup working on in the commercial insurance space, has announced today it has raised $8.5 million Series A. The company had previously raised a little over $3 million in early

Tractable claims $25M to sell damage-assessing AIs to more insurance giants

London-based insurtech AI startup Tractable, which is applying artificial intelligence to speed up accident and disaster recovery by using computer vision to perform visual damage appraisal instead of

Getsafe, the German insurtech, brings its contents insurance app to UK

Getsafe, the German insurtech that offers home contents insurance via an app, has launched in the U.K., despite an increasingly competitive market for insurance in the country, and the thorny regulato

Huckleberry raises $18M to put small business insurance online

The insurance industry, sleepy and ancient, is ripe for disruption. We’ve seen companies like Lemonade, Hippo and Rhino get in on that opportunity. Today, an insurtech company focused on small b

Vouch raises $45M led by YC Continuity for business insurance that targets startups

“Move fast and break things” is a term we usually associate with Facebook (at least, until 2014) and the general startup ethos of being disruptive. Now, in true entrepreneurial fashion, th

Rhino looks to replace renters’ security deposits with a small monthly fee

Rhino, the insurtech startup incubated by Kairos and co-founded by Kairos CEO Ankur Jain, has today announced the close of a $21 million Series A round led by Kairos and Lakestar. Rhino was founded in

Spanish startup Elma gets $3.2M for a digital-first health insurance play

Insurtech startup Elma has closed a €3 million (~$3.2M) Series A funding round led by Mangrove Capital partners to build out a digital-first health insurance business starting with Spain, its domest

Sweden’s Hedvig raises $10.4M led by Obvious Ventures to build ‘nice insurance’

Hedvig, a Swedish startup, is following in the footsteps of Lemonade, building a new generation of insurance platforms that use AI to help evaluate customers and operate on a policy of using surplus f
Load More