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Fintech startup Zebec debuts in Japan with payroll and payments solutions
This strategic move not only marks Zebec's continued global expansion but also underscores its commitment to fostering collaborative financial innovation worldwide.
Insurtech startup QuoteWell comes out of stealth, raises $15m Series A funding round
QuoteWell has announced the launch of its brokerage operations.
Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.
German insurtech Getsafe acquires French startup Luko to expand its European presence
Getsafe has entered into an agreement to acquire French insurtech Luko.
French insurtech startup Orus raises €11m funding to expand its services in Europe
French insurtech startup Orus has raised €11 million in Series A funding.
Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
EdgeCortix announced the closing of a $20m funding round.
Insurtech startup Allium secures $750k funding to revolutionize insurance data analytics
Allium Data announced the close of $750k pre-seed funding round.
Kayna insurtech raises €1m to revolutionize small business insurance
Kayna insurtech has closed a €1m pre-seed funding round.
Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.
Five Kenyan cleantech startups selected for JICA’s Project NINJA accelerator
Five Kenyan cleantech startups have been selected for the 3rd cohort of JICA.
Japanese startup Josys raises $93m Series B funding to revolutionize global IT operations
Josys announced a successful Series B funding round of $93 million.
Mitsui Sumitomo Insurance Venture Capital joins Israeli startup nT-Tao's Series A funding round
Mitsui Sumitomo Insurance Venture Capital has joined nT-Tao's Series A funding round.
[Introducing Vouch Horizon] A new approach to insurance for scale-stage startups
Vouch, a pioneer in business insurance for VC-backed startups, unveils Vouch Horizon.
Irys Insurtech closes $3.5m seed round to take on legacy competitors
Irys Insurtech has closed a seed funding round of $3.5 million.
Medicare startup MyPlanAdvocate acquires Eversurance to grow the health insurance market
MyPlanAdvocate (MPA), has announced the acquisition of Eversurance.
Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.
Functional Finance raises $8m to expand operational efficiency for the insurance industry
Insurtech startup Functional Finance secures $8m in seed capital.
Startupbootcamp AfriTech opens cohort 4 of its ASIP accelerator program
Startupbootcamp AfriTech has opened applications its ASIP accelerator program.
Tokyo's dynamic ecosystem for a startup company and its global impact, Plug and Play
Tokyo, Japan is an economic powerhouse with its thriving business landscape.
1Fort raises $2m to automate and simplify cyber insurance for businesses
1Fort has completed a successful $2 million pre-seed round financing.
Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Federato has raised $25 million in Series B funding led by Caffeinated Capital.
Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Chatbots are dramatically reshaping the insurance industry.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
Travel insurtech startup Faye lands $10m Series A funding
Travel insurance startup Faye, announced it has raised $10 million in Series A funding.
Five tech startups join Northwestern Mutual Black Founder Accelerator program
Northwestern Mutual, in partnership with gener8tor, announced the addition of five promising tech startups to its innovative Black Founder Accelerator program.
Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit.
Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.
Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.
IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.
Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders in Kenya
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers.
Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.
Pegasus Tech Ventures launches $100m fund with Japanese chemicals and life science company Denka
Pegasus Tech Ventures (Pegasus), a global venture capital firm that is headquartered in the Silicon Valley, has established a $100 million corporate venture capital fund with Denka.
RIMAC Seguros joins Plug and Play's health platform in Silicon Valley
RIMAC Seguros, an insurance company in Peru with 3 million customers, has entered into a strategic partnership with Plug and Play Tech Center, the world's corporate innovation platform based in Silicon Valley.
Japan headquartered drone and Urban Air Mobility startup Terra Drone raises $14m funding to accelerate growth
Terra Drone, a drone and Urban Air Mobility (UAM) technology provider, has raised $14 million in funding from Wa'ed Ventures, the venture capital arm of the biggest oil producer in the world, Aramco.
Business-focused insurtech Coverdash announces launch after oversubscribed seed round
Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, announced the company's official launch and the closing of an oversubscribed seed funding round.
5 key insurance industry trends in EMEA region according to Plug and Play
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.
Insurance provider Vouch acquires lending startup Level to scale tech-driven underwriting systems
Vouch, an insurance provider re-thinking business insurance for the technology industry, announced it has acquired lending startup Level and its team of engineers.
Philly-based insurtech startup Propeller Bonds raises $6.4m seed funding to accelerate growth
Philly-based insurtech Propeller, announced it has raised $6.4 million in seed funding led by a consortium of industry partners.
Japanese home health lab startup Bisu collaborates with Polaris Dawn to develop new ways to monitor astronaut health
Traveling in space leads to bone loss, muscle loss, and an increased risk of kidney stone formation, often starting within the first 24 hours of spaceflight as calcium levels in bone and tissue decrease.
Plug and Play Japan selects 74 startups for its Winter/Spring 2023 Batch accelerator program
Global innovation platform, Plug and Play Japan has selected 74 startups from Japan and overseas for the Winter/Spring 2023 Batch accelerator program which will be carried out from December 2022 to March 2023.
Insurtech startup Surround Insurance raises $2.5m seed round to help cconsumers navigate life’s transitions
Insurtech startup Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund.
Vouch partners with Capsule to support startups internationally
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.
Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".
Intelligent digital coworkers startup Roots Automation raises $10m Series A funding round to accelerate growth
Roots Automation, the creator of advanced, intelligent Digital Coworkers for the insurance industry, announced the closing of $10 million in a Series A round of funding.
Japanese startup SUN METALON raises $5.6m funding to democratize metal 3D manufacturing
SUN METALON, a Japanese startup developing a metal 3D printer, announced the procurement of $5.6 million in its pre-series A funding round.
Insurtech Otonomi raises $3.4m to build a first-to-market blockchain-powered parametric cargo platform
Insurtech startup Otonomi announced it has closed a $3.4 million oversubscribed funding round, to build a first-to-market blockchain-powered parametric cargo platform.
Cyber insurance startup Elpha Secure startup raises $20 million funding to boost offerings
The funding round will help drive business growth across broker networks and evolve Elpha Secure’s product features to better equip small and midsize businesses to defend against cyberattacks and their consequences with end-to-end protection and response.
Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.
Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.
Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.
Missouri-based insurtech startup iCover raises $5m pre-Series A funding to accelerate growth
iCover, a Missouri-based insurtech startup that provides an algorithmic underwriting and QUI based eApp Service for life insurance companies, raised $5 million in pre-Series A funding.
Japanese foodtech startup Yo-Kai Express partners with IPPUDO and TableMark to bring ramen and udon dishes to its autonomous restaurant platform
Yo-Kai Express announced new partnerships with TableMark and Chikaranomoto, to jointly develop and market varieties of new udon and ramen menu options.
FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.
Japanese healthtech startup Ubie raises $26.2m Series C funding to fuel business growth in Japan and the U.S.
Ubie, a Japanese healthcare AI startup with a mission to develop a healthcare guide for everyone, announced it has raised $26.2 million in the 1st round of Series C funding.
Insurtech startup Ledgebrook raises $4.2m to provide best-in-class quoting experience to wholesale brokers
Ledgebrook, a Boston-based insurtech startup, announced it raised $4.2 million in seed funding to build out its operations with the goal of writing its first policies in Q4 2022.
Taiwanese martech startup Wavenet raises $3m series B round to expand in Japan and North America
Taiwanese marketing technology (martech) startup Wavenet, announced the raise of $3 million in series B round, to expand its operations to Japan and North America, and hire more international talents to join the team.
Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.
French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.
Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.
Insurtech startup Spot raises $33m funding to ramp up partnerships, offer affordable coverage for customers
Spot, the tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt.
Kenyan insurtech startup mTek secures $3m funding for expansion across the country
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment, through both debt and equity from African-focused fintech platform, Finclusion Group.
Insurtech startup INSTANDA raises $45m to fund its next phase of growth
INSTANDA, the no-code core insurance platform provider has announced the closing of its $45 million fundraising led by Toscafund, one of Europe’s leading Growth Equity investment firms for financial services companies.
Japanese healthtech startup Ubie launches AI-powered symptom checker in the U.S.
Ubie, Inc., a healthcare AI startup with the mission to develop a healthcare guide for everyone, has launched in the United States an AI-powered symptom checker that allows users to enter symptoms and discover related diseases.
Insurtech startup ETAP secures $1.5m pre-seed funding to drive car insurance penetration in Africa
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.
U.S. insurtech startup Honeycomb gains approval to write policies in Wisconsin
The Wisconsin Office of the Commissioner of Insurance has given insurtech startup Honeycomb approval to write policies statewide.
Latinx insurtech startup Sigo Seguros raises $5.4m seed funding to accelerate growth
Sigo Seguros, the insurtech startup determined to close the insurance gap within Latinx and immigrant communities, announced it has raised $5.4 million in its seed funding round, co-led by Listen Ventures and Chingona Ventures.
U.S.-based food tech startup Yo-Kai Express launches autonomous restaurant platform in Japan
Yo-Kai Express, a Silicon Valley-based food tech startup announced the official debut of the Yo-Kai Express autonomous restaurant platform in J.R. East Tokyo.
Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.
NSI Insurance Group acquires majority stake in insurtech startup HoneyQuote
HoneyQuote’s machine learning algorithm matches users with property insurance carriers in real-time. Its proprietary search engine allows consumers to shop and purchase homeowners' insurance online.
Insurance startup Asteya launches new product offering on its technology-first platform
Asteya, an income insurance technology company whose mission is to provide financial health and wellbeing by transforming the income insurance space, announced the launch of its additional product offering, Accidental Death.
Japanese SocialGood App raises $14.2m for patented crypto back platform
Japanese SocialGood App, which gives users cryptocurrency rewards for shopping, has raised $14.2 million in Series A funding from a venture capital firm.
German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.
Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.
Insurtech startup ennabl raises $4m to transform insurance brokerage
Insurtech trailblazer ennabl has secured a $4 million seed round investment. Led by Vine Ventures with additional private participants, this investment will be used to expand the company's platform.
Japanese powerhouses mixi and DAZN partner to create a sports NFT marketplace on Flow
Media powerhouse mixi, Inc. and global sports streaming service DAZN Japan Investment GK today announced that DAZN MOMENTS, a sports NFT marketplace, will launch on Flow, a Web3 platform designed for consumer-friendly applications.
Casava secures $4m pre-seed funding to provide micro insurance for millions of Nigerians
Casava, Nigeria's digital insurance company has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.
Kenyan insurtech startup Lami acquires Bluewave Insurance Agency
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup, for an undisclosed amount.
F-Prime Capital launches F-Prime Fintech Index to track the performance of disruptive fintech startups
F-Prime Capital announced the launch of The F-Prime Fintech Index, designed to track the performance of disruptive fintech companies enabling the delivery of core financial services across payments.
JICA’s NINJA Accelerator completes 2nd Demo Day in Kenya, sends delegation to Silicon Valley
Shamba Pride, Saada Tech, Kijenzi, M-Paya Energy, and MyMovies.Africa are the five startups that shined during the 2nd Demo Day of the NINJA Accelerator in Kenya.
Horizon Technology Finance leads $50m venture loan facility to fintech and insurtech startup, Autonomy
Horizon Technology Finance Corporation announced it led a $50 million venture loan facility to Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt.
U.S. and Israel-based insurtech startup Honeycomb raises $15.4m Series A round
Insurtech startup Honeycomb announced it has raised $15.4 million in a Series A funding round led by Ibex Investors.
Kenyan ride-hailing startup MARAMOJA opens its API to fintechs and insurtechs
Kenya's ride-hailing platform MARAMOJA Transport has opened its API to local fintechs and Insurtechs. Through a new partnership with Switchlink Africa, service providers will be able to connect with MARAMOJA's drivers and customers.
Nashville-based worker’s compensation startup InsurePay secures Series B investment, buys Split Limit Studios
InsurePay, an Insuretech Property and Casualty (P&C) billing and payments platform, including workers' compensation insurance premium billing and payments has secured a Series B investment.
Kenyan smallholder farmers insulated from weather vagaries by picture-based insurance
A climate-smart crop insurance scheme introduced in Kenya has come to their rescue by combining satellite data and smartphone imagery to provide farmers with much needed protection.
Heritage enters strategic partnership with insurtech startup Slide to accelerate growth
Heritage Insurance, a super-regional property and casualty insurance holding company, announced it has entered into a strategic partnership with Slide, a startup InsurTech P&C carrier led by Bruce Lucas, Heritage's former Chairman and CEO.
Fort Ross Ventures announces first closing of $200m late-stage fund
Fort Ross Ventures, an international venture-capital firm focused on startups in the U.S. and Israel, announced the $100 million first closing of its late-stage fund.
Israeli startup EasySend raises $55.5m to help enterprises build, maintain digital customer journeys with its no-code platform
EasySend, a no-code digital customer journey platform announced a $50.5 million Series B funding round led by Oak HC/FT. Existing investors Vertex IL, Intel Capital, and Hanaco Venture also participated in the round.
Japanese VR startup HIKKY raises $57m Series A funding to expand its services domestically and abroad
Virtual reality (VR) startup and organizers of VR events in the world HIKKY raised 6.5 billion yen ($57 million) in an initial stage of its Series A funding round.
BrokerTech Ventures accelerator opens for 2022 cohort applications
BrokerTech Ventures (BTV), the industry's first broker-led convening platform and accelerator program focused on delivering innovation to the insurance broker industry, has opened the application window for its 2022 BrokerTech Ventures Accelerator program.
London-based insurtech startup Collective Benefits announces $10m investment from Prosus
Collective Benefits, an insurance and benefits marketplace for independent workers, announced a $10 million investment from Prosus Ventures, the venture investing arm of Prosus, one of technology investors in the world.
Mployer Advisor secures $1.6 million funding to transform insurance broker marketplace
This new round of funding will enable Mployer Advisor to deploy new features on its platform, hire additional leadership roles and expand its insurance broker and carrier network.
Kenyan fintech startup Kwara partners with Lami Technologies to give SACCO members access to insurance products
Kenyan digital banking fintech startup Kwara has partnered with insurance technology company, Lami Technologies, to provide SACCO members with affordable and transformational insurance products.
JICA kicks off 2nd Cohort of its NINJA Accelerator in Kenya
The NINJA Accelerator in Kenya, powered by Japan International Cooperation Agency (JICA) in partnership with Double Feather Partners, Deloitte Tohmatsu and Kenyan implementation partner GrowthAfrica, is kicking off its 2nd cohort with five tech-enabled Kenyan startups.
Insurance startup Branch partners with SimpliSafe to offer proactive protection, affordable home ssecurity to its members
Branch, the startup that pioneered instantly-bundled home and auto insurance, announced a partnership with SimpliSafe, maker of security systems, to offer its members significant discounts on their home insurance.
Japanese startup Autify raises $10m Series A to advance software testing automation through no-code solution
Autify, a no-code AI-powered software testing automation platform, announced today that it has raised $10 million in Series A funding. Leading the round is World Innovation Lab (WiL).
Insurtech startup VOOM raises $15m to provide usage-based insurance to underserved mobility segments
VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding to expand its usage-based insurance model to additional mobility verticals.
Insurtech startup NEXT Insurance renews commitment to small businesses with integrated strategic rebrand
NEXT Insurance, the digital insurtech company transforming small business insurance, announced its strategic rebrand which will integrate small business owners from across the country into every part of the company's business, culture and ethos.
Israeli insurtech startup Vesttoo joins NVIDIA Inception to further develop AI-based technologies
Israeli insurtech startup Vesttoo announced it has joined NVIDIA Inception, a program designed to nurture companies revolutionizing industries with advancements in AI and data sciences.
Insurtech startup Slope Software raises $2m to grow its actuarial modeling platform
Slope Software, the Atlanta insurtech startup that is modernizing actuarial modeling for insurers, announced a $2.0 million investment led by Tech Square Ventures, an early-stage investment firm.
Autonomous vehicle insurtech startup Koop Technologies raises $2.5m seed round
Koop Technologies, an insurance technology startup specializing in autonomous vehicle and robotics risks announced its $2.5 million seed funding.
Insurtech startup NEXT Insurance participates in Amazon Insurance Accelerator to provide access to affordable General Liability coverage
NEXT Insurance, the digital insurtech company transforming small business insurance, announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates.
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.
Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.
BimaLab accelerator programme launches to support Insurtech startups in Kenya
FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.
Tokyo-based AI startup Attuned launches writer fellowship on Substack
Attuned, a Tokyo-based tech startup that uses psychology and AI to track intrinsic motivation and boost employee engagement, announced the launch of a global writing competition on digital newsletter-publishing platform Substack.
Kenyan insurtech startups benefit from IRA, Prudential innovation hub
Three Kenyan insurtech startups each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance and other partners, to promote insurance inclusivity.
Plug and Play Japan selects 91 Startups for its Summer/Fall 2021 Batch
Global Innovation Platform, Plug and Play Japan has selected 91 Japanese and international startups into its Summer/Fall 2021 Batch, which will be carried out from June to September 2021.
B2B insurtech startup Boost raises $20m Series B to enhance insurance market accessibility
Boost Insurance, the B2B digital insurance platform, announced the completion of a $20 million Series B financing round to fuel growth of its platform, new product development and partner marketing.
HONK supports insurance startup Branch with digitally-driven roadside assistance solutions
HONK Technologies, the digital platform connecting drivers and towing professionals, announced it is supporting Branch, the startup that pioneered bundling home and auto insurance online.
Kenyan fintech startup Kwara selected for Japan-led Ninja Accelerator programme
Digital banking platform and fintech company Kwara has been selected for the first cohort of the Ninja Accelerator programme in Kenya.
Kenyan insurtech startup Lami Technologies raises $1.8m in seed funding
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding.
Insurtech startup Branch Insurance expands home and auto coverage to Colorado and Oklahoma States
Branch Insurance, the startup that pioneered bundling home and auto insurance online, announced its expansion to Colorado and Oklahoma States.
Detroit-based fintech startup Signal Advisors raises $16m to build end-to-end platform for independent financial advisors
Signal Advisors, a tech-enabled distributor of annuities and life insurance, announced a $10 million Series A led by General Catalyst, which closed in December 2020.
Plug and Play Korea launches in Seoul
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.
Insurtech startup Brella raises $15m Series A for national expansion of supplemental health insurance solution
Brella Insurance announced it has raised a $15 million Series A funding round led by Brewer Lane Ventures to bring Brella's modern supplemental health solution to employers nationwide.
U.S.-based food tech startup Yo-Kai Express expands partnerships with Japan
While restaurants and small businesses everywhere have struggled to survive the pandemic, U.S.-based foodtech startup Yo-Kai Express (YKE) has leveraged its technology and ideas to evolve and transform its business models to broader platforms.
Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.
Telecel Group launches applications for Africa startups accelerator programme
The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought.
Japanese startup Paidy raises $120m in Series D round
Paidy Inc., Japan's "Buy Now, Pay Later" (BNPL) service provider, announced it completed the Series D round of funding, raising a total of $120 million.
Plug and Play selects 154 startups for the Summer 2021 Batches
During the three months of the program, the selected startups will participate virtually in networking events, mentor sessions, focus weeks, and private dealflow sessions.
Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.
Plug and Play adds NJM Insurance to its growing network of insurtech corporate partners
Plug and Play, the global innovation platform for corporations and startups, is adding NJM Insurance Group (NJM), a property and casualty insurer in the Mid-Atlantic region, to its growing network of insurtech corporate partners.
Venture Noire launches new cohort program following $1.3m grant from Walton Family Foundation
Venture Noire, a non-profit organization dedicated to supporting Black and minority entrepreneurs, announced the recipient of a multi-year grant from the Walton Family Foundation for a second consecutive year, totaling $1.3 million.
BrokerTech Ventures adds Zurich North America to its premiere agency and insurance company portfolio
BrokerTech Ventures (BTV), the industry's first broker-led convening platform and accelerator program, announced the addition of its newest carrier, Zurich North America, to the platform.
Insurtech startup Zelros raises $11m Series A funding to bring AI-powered responsible insurance distribution to North America
Zelros, the industry's first AI-driven platform dedicated to advancing insurance distribution, announced the successful close of an $11 mllion Series A financing round, bringing the company's total funding to date to $16.5 million.
Insurtech startup InsurePay secures $5m Series A investment round to accelerate growth
InsurePay, a workers' compensation administration and insurance premium billing platform for insurance providers, announced it has completed a $5 million Series A round of financing.
WNS partners with insurtech startup By Miles for the world’s first connected car insurance
WNS Assistance has announced a new partnership with By Miles, an insurtech startup and motor Managing General Agent (MGA), to manage claims for a first-of-its-kind connected car insurance policy using the real-time data of the vehicle.
Insurtech startup TrustLayer raises $6.6m to expand its insurance verification and compliance platform
TrustLayer, the collaborative risk management platform, announced it has completed a $6.6 million seed round of financing.
Nationwide doubles down on venture capital efforts, expands investment fund to $350m
Nationwide announced the expansion of its venture capital investment fund to $350 million, to be directed into high-growth potential insurance and financial services startups that directly advance Nationwide's strategy.
Insurtech startup Marble secures $2.5m seed round, launches first digital wallet and rewards for insurance
Marble, the first digital wallet and loyalty platform for insurance, announced $2.5 million in seed round funding.
Gentem Health startup closes $10m Series A financing to streamline and accelerate insurance reimbursements
Gentem Health, a Silicon Valley-startup focused on helping private practices thrive financially, raised a $10 million Series A financing round, bringing total investment to $13.7 million.
Plug and Play invests in Israeli insurtech startup Vesttoo
Plug and Play, the global innovation platform that has funded companies such as Dropbox, PayPal and N26, has joined Vesttoo as a shareholder through an equity investment.
Insurtech startup Joshu raises $3.7m seed round to digitize and modernize commercial insurance
Joshu, an insurtech company that helps insurance carriers launch online distribution channels, announced it closed $3.7 million in seed funding led by Blumberg Capital.
Arbol closes Series A raise, adds Mubadala Capital Ventures to its investment group
Insurtech platform Arbol Inc. announced it has closed its Series A fundraising round with commitments totaling nearly $7 million. Arbol's Series A round was oversubscribed and completed at a significant increase in valuation from its initial seed round.
InsurTech NY announces global Early-Stage InsurTech Competition 2021
InsurTech NY has opened the application window for its annual 2021 InsurTech Early-Stage Competition, to award $200,000 in prizes to three winning teams. Startups will compete for the title of the company with the most commercial potential.
Australian AI startup HIVERY partners with JR East Water Business to optimize vending machines in Japan
Retail AI pioneer, HIVERY and JR East Water Business, have agreed to rollout HIVERY Enhance, an AI-driven vending machine optimization solution, to 6,000 vending machines across East Japan Railway's train stations.
Healthcare startup Centivo raises $34m to help employers deliver affordable, high-quality healthcare to their employees
Centivo, a new type of digital health plan that is built to save 15% or more compared with traditional insurance carriers and is easy to use for employers and employees, announced it has raised $34 million in Series B funding.
Cinch Home Services partners with insurance technology startup GloveBox to simplify home management
Cinch Home Services (Cinch), provider of home service solutions, has partnered with GloveBox, an insurance technology that allows policyholders to manage all of their insurance in a single, centralized digital platform.
Plug and Play Japan selects 103 startups for its Winter/Spring 2021 Batch accelerator program
Plug and Play Japan has selected 103 startups in IoT, Fintech, Insurtech, Mobility, Brand & Retail, Hardtech & Health, and newly launched vertical, Smart Cities, for the Winter/Spring 2021 Batch accelerator program.
Toyoda Gosei Invests in Tohoku University startup Ball Wave
Toyoda Gosei Co., Ltd. has invested in Ball Wave Inc., a startup from Tohoku University that develops practical applications of ball SAW sensors.
Equinix invests $55m to build its third data center in Osaka, Japan
Equinix, the world's digital infrastructure company, announced an initial investment of $55 million to build its third International Business Exchange (IBX) data center in Osaka, Japan.
BrokerTech Ventures accelerator opens for 2021 cohort applications
BrokerTech Ventures, first broker-led convening platform and accelerator focused on delivering innovation to the insurance broker industry, has opened the application window for its 2021 BrokerTech Ventures Accelerator program.
Insurtech startup Next Insurance and Intuit QuickBooks integrate to provide seamless coverage for small businesses
Next Insurance, digital insurtech company transforming small business insurance and Intuit have teamed up to simplify the insurance purchasing process for millions of small businesses.
Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.
Alfa Bank, Plug and Play collaborate on innovation in Fintech
Along with 80 other financial institutions across the United States, Frankfurt, Amsterdam, Milan, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, Alfa Bank will join Plug and Play's global ecosystem.
Virtual reality startup Nanome partners with Fujitsu to bring drug design software to Japanese market
San Diego-based virtual reality (VR) startup Nanome, has entered into an agreement with Fujitsu to bring their signature product, an immersive scientific design and collaboration platform to the Japanese market.
Kenyan startup PayGo Energy announces strategic investment from Saisan
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here