underwriting

Bondaval raises $15M Series A for its alternative to traditional bank guarantees

Bondaval, the London-based B2B insurtech that gives credit teams assurance that customers will fulfill their financial obligations, has raised $15 million in Series A funding led by Talis Capital. The

‘Selling Sunset’ star Christine Quinn’s brokerage debuts new crypto credit scoring platform

For fans of both reality television and web3 (hopefully that group includes more than just this reporter), Christine Quinn’s move to leave the Oppenheim Group and co-found a brokerage with her h

Middesk raises $57M to automate business verification and underwriting

Middesk, a platform designed to automate business verification and underwriting decisions, today announced that it raised $57 million in a Series B round co-led by Insight Partners and Canapi Ventures

Armed with experience, insurtech MGAs are paving the way for insurtech 2.0

As we enter “insurtech 2.0,” the lessons learned are becoming the new best practices, and nowhere is this more evident than at the startups building an MGA (a managing general agent.)

TechCrunch+ roundup: DTC data strategy, starting up solo, insuretech growth versus risk

Fundraising is only one part of the journey. If you can't connect with an investor who'll help you find and fill in your gaps with regard to talent or expertise, you can't build a sustainable company.

To win insurtech 2.0, focus on underwriting before growth

Focusing on customer experience on the front end leads to rapid growth indeed, but failing to focus on underwriting on the back end can lead to a very large number of claims, very quickly.

What Glossier got wrong

The fundamental disconnect: Software-enabled businesses don’t necessarily monetize the same way that software businesses do.

Cowbell raises $100M to build out its AI-based cyber insurance platform for SMBs

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet t

Live near an ocean? Kin Insurance’s data aims to more accurately predict home risk

By using data and technology to accurately price the risk, Kin Insurance is able to remove some of the costs of traditional insurance firms, like agents.

Seel secures $17M round to infuse AI in customer product returns

Merchants can add “return assurance” to an order, if it is returned in the next 30 days, Seel, instead of the merchant, will pay for the refund.

German revenue-based financing platform Re:cap raises $111.5M Seed round

Re:cap, a non-dilutive funding platform in a similar vein to Pipe.com and Capchase but based in Europe, has closed a Seed financing round of $111.5 million, in a mix of growth capital and liquidity fo

Climate fintech company Evergrow nabs $7M seed from XYZ Venture Capital, Congruent Ventures and First Round

Evergrow, a stealth climate fintech startup, just landed over $7 million in seed funding. With a two-pronged approach, Evergrow aims to be the world’s first dedicated carbon offtake company —

Wayflyer raises $76M to provide ‘revenue-based’ financing to e-commerce merchants

Wayflyer, a revenue-based financing platform for e-commerce merchants, has raised $76 million in a Series A funding round led by Left Lane Capital. Partners of DST Global, QED Investors, Speedinvest a

Insurtech startup Obie raises $10.7M Series A led by Battery Ventures

Obie, which has developed an insurtech platform for landlords, has raised $10.7 million in a Series A funding round led by Battery Ventures. Thomvest Ventures, Funders Club, MetaProp and Second Centur

Pie Insurance raises $118M for data-driven workers’ comp coverage

Pie Insurance, a startup offering workers’ compensation insurance to small businesses, announced this morning that it has closed on $118 million in a Series C round of funding. Allianz X — inv

Lumiata raises $14 million for its service to predict healthcare outcomes

Healthcare systems are always looking for ways to save money, and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it.  The company,

Uncapped picks up another $26M to offer revenue-based finance to European entrepreneurs

Uncapped, the London-headquartered and Warsaw-based startup that offers “revenue-based” finance to European businesses so that founders don’t have to give up equity stipulated by venture cap

Insurance AI startup Synthesized raises $2.8M from IQ Capital and Mundi Ventures

The insurance industry depends on data to support a number of functions the average person in the street is usually completely unaware of, such as “informed risk selection,” underwriting and c