Distributed Ventures’ Post

Insurtech startup Honey Insurance secures a record $108 million in Series A funding led by Gallatin Point Capital LLC #startups #startupnews #australianstartups #australianinsurtech #insurtech #insurtechnews #insurance #insurancenews #australianfintech #fintech #fintechnews #fintechstartups #investments #investors #investing #capitalraise #funding #capraise #VC #venturecapital

Startup News: Next Insurance gets a $265 Million boost from Allstate and Allianz Last week, two insurance giants, Allstate and Allianz, announced a combined $265 million investment in Next, representing the largest single funding round in the company’s seven-year history. Learn more at https://lnkd.in/gE5xR8-4 #ForgeGlobal #startups #startup #privatemarket #investors

Discover the journey of Covrzy, a trailblazer in business insurance, revolutionizing coverage for SMEs and startups. Learn how founders Veera Thota and Ankit Kamra are reshaping the industry with innovation and resilience #insurtech #SMEs #startups #innovation #startupstory

Revolutionizing home maintenance and management, Fixle, led by co-founders Dave Theus and Amanda Schulze, has officially launched as an independent entity, following incubation at American Family Insurance. #PropTechBuzz #Fixle #HomeMaintenance #HomeManagement #PropTech #Innovation #Technology #Startups #Entrepreneurship #AmericanFamilyInsurance #DaveTheus #AmandaSchulze #Launch #Incubation #RealEstate #Homeowners #PropertyManagement Read more-https://lnkd.in/gsHafu7H -------- If you are a proptech company and want to promote your products, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.

What's happening in Insurtech? Karn Saroya knows how to build and raise seed funding for insurtech ventures. In this episode of #ReinventingInsurance, Karn joins Paul Ricard and shares his secrets, challenges, and experiences as a serial insurtech entrepreneur. Over the last 10 years, Karn has launched three successful businesses — the latest is Re, a Web3 reinsurance startup. Tune in as we discuss the latest happenings in the insurtech space, technology breakthroughs— such as AI and Web3 — that are redefining growth opportunities, and Karn's broad spectrum of entrepreneur experiences. #Insurtech #Insurance

We are seeing a lot of companies come into the marketplace. Some have as little as 25m in assets yet they are insuring several hundred million dollars in property. Rates are coming down, but be wary of startups. They are typically the first to fail when the times get tough. #mikewagner #commercialinsurance #propertyinsurance

🚀💼 InsurTech is revolutionising the traditional world of insurance. With the digital transformation ushered in by these startups, England isn't just following the trend- it's leading it! We dive into the heart of the action in our newest article 🔍 "Who Are England's Most Influential InsurTech Startups Dominating 2023?". Check out all the details here 👇 https://lnkd.in/eGWkHD4d Featuring 🌟: Superscript, founded by Annabel M., BenRose, Cameron Shearer Fluffy, founded by German Mikulski and Pavel Gertsberg Marshmallow, Concirrus, founded by Andrew Yeoman and Craig H. FloodFlash, founded by Adam Rimmer and Ian Bartholomew Anorak, climatex, founded by 🚀 Kamil Kluza and Lukky A. Urban Jungle, founded by Gregory Smith MBA, BS and Jimmy Williams INSTANDA, founded by Derek Hill and Tim LaBorde Jr. Humn.ai, founded by Alberto Romero, Cytora, founded by Aeneas Wiener, Andre Alzamora, Joshua Wallace InsurX, founded by Gilbert Harrap, Qumata, founded by Etienne BOURDON, Luca Schnettler Follow their innovative journeys as they revolutionise the insurance industry through tech.🙌🚀 #InsurTech #Startup #Finance #Innovation #Entrepreneurship #InsuranceIndustry. Don't miss out on this insightful tour through some of the most promising startups in the InsurTech sector! Who will be the game-changers? Let's find out in this exciting feature.

🚀 Indian startup InsuranceDekho raised $60 million in a new funding round to accelerate growth. The funding includes investments from Mitsubishi UFJ Financial Group and BNP Paribas Cardif. Read more 👉 #Startups #InsuranceDekho #Funding Question: What impact will this funding have on the insurance industry in India?

#California-based #Rainbow secures $12M in seed #funding. With participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd. Led by an experienced #team of repeat #entrepreneurs, the company brings a fresh perspective to small business #insurance by launching programs in specific verticals where Rainbow’s approach to data and technology delivers an underwriting advantage. The company’s flagship program, an admitted business owner’s policy (BOP) product specifically #tailored to the #restaurant industry, is currently live in 8 states and expected to be available in over 25 states in 2024. Rainbow’s engineering team has developed a #proprietary and scalable platform for underwriting and #transacting every submitted risk. The company’s #interwoven approach to utilizing data and technology in its underwriting creates differentiated value for both agents and insureds — rewarding policyholders that demonstrate #prudent operations. Founded in 2022, Rainbow is a #specialist managing general #underwriter building tailored small business insurance programs, starting with restaurants. Caffeinated Capital Altai Ventures Zigg Capital 8VC Habitat Partners Arch Capital Group Ltd. OLEG ILICHEV Raymond Tonsing Bobby Touran To share your startup story write us on - contact@startuprise.io #rainbow #funding #startup

A significant milestone for Venture Catalysts' latest fund, VC Grid. Our team at VC Grid is making waves in the startup ecosystem with its recent investment in Ideal Insurance, a leading insure tech platform. In  collaboration with family offices and high net-worth individuals, VC Grid has contributed to an impressive pre-series funding round of Rs 8 crore, totaling a $1 million investment. This funding round also saw participation from industry veterans such as Sagar Daryani of Wow! Momo and Artha Group, among others. Founded by Rahul Agarwal, CA Ravi Kothari, and Rahul Mohata, Ideal Insurance is poised to capitalize on India's burgeoning insurance market, expected to reach $1.3 trillion by 2030.With ambitious targets of achieving a premium collection surpassing Rs 1,100 crore and an EBITDA of Rs 33 crore within the next two years, Ideal Insurance is now gearing up for its next phase of growth. To support this expansion, Ideal Insurance is seeking to raise $10 million at a valuation ranging from $70-90 million. Exciting times lie ahead as we continue to champion innovation and growth in the startup landscape! Venture Catalysts++ | India's 1st Multi-Stage VC, 9Unicorns, Anuj Golecha, Anil G Jain, Gaurav Jain, Vansh Oberoi, Sidhi Dalmia, Shreeyesh Chandgothia, Anusha Bhat #VentureCatalysts #AngelInvestor #VC #IndianStartups #StartupInvesting #InsureTech #VCGrid #IdealInsurance #StartupFunding https://lnkd.in/dRThdKp2