Sectors · Finance & Capital

Insurtech

Private financing across Insurtech, aggregated from public sources.

Insurtech is a subsector of Finance & Capital. Zoom out to read the whole macro sector — $83.5B raised across 3,261 companies.

Investment Vehicle$56.4BFintech$16.6BCrypto / Web3$7.4BRegtech$3.0BFinancial Services—
$23.0M
Capital raised
16
Companies
15
Rounds
2017
First on record
2023-12-28
Latest round

— Insurtech drew — over the last 12 months. Of 5 companies rankable against same-niche peers, 20% model over-valued and 40% under-valued.

Capital flow over time

Quarterly capital raised across Insurtech.

2017-Q3 · $400K2017-Q32019-Q1 · $685K2019-Q12019-Q2 · $1.6M2019-Q22019-Q4 · $1.2M2019-Q42021-Q1 · $6.0M2021-Q12021-Q2 · $1.8M2021-Q22021-Q3 · $2.3M2021-Q32021-Q4 · $3.5M2021-Q42022-Q2 · $2.5M2022-Q22023-Q3 · $2.1M2023-Q32023-Q4 · $1.0M2023-Q4
Median round size by stage
StageMedian roundRounds
Seed$1.8M4
Series A$1.6M3
Pre-Seed$925K8
Top-funded companies
CompanyStageRaisedModeled value
PulaSeries A$6.0M$108.1M
Root
Cape Town
Seed$3.0M$44.8M
Naspers FoundrySeed$2.3M$39.5M
Inclusivity SolutionsSeries A$1.6M$34.7M
TuracoSeed$1.2M$32.8M
InvestSurePre-Seed$685K$23.3M
OKOSeed$1.2M$23.0M
ETAPPre-Seed$1.5M$20.5M
PineapplePre-Seed$400K$13.6M
Nice DeerPre-Seed$1.0M$12.7M
AlphaDirectSeries A$600K$9.8M
MyCover.aiPre-Seed$1.3M$9.1M
OctamilePre-Seed$500K$8.3M
True Insurtech Solutions Llc
HENDERSON
Pre-Seed$1.0M$5.8M
SehatechPre-Seed$850K$5.8M
Pibit.ai
San Francisco
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Related sectors
educational technology$2.0Mdiamond industry—dietary supplement—digital banking—digital media—domain name registrar—e-commerce—economics of banking—

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Insurtech sector raised?
Companies in Insurtech have raised approximately $23.0M across 15 recorded financing rounds among 16 companies, aggregated from public sources.
What is the typical round size in Insurtech?
Median disclosed round sizes in Insurtech by stage are: Seed $1.8M, Series A $1.6M, Pre-Seed $925K. These are medians across recorded rounds, not averages.
Which are the most-funded Insurtech companies?
The most-funded Insurtech companies in our coverage include Pula, Root, Naspers Foundry, Inclusivity Solutions, Turaco. See the full ranked table for disclosed capital and modeled valuations.
When did Insurtech funding activity begin in this data?
The earliest recorded Insurtech financing in our coverage dates to 2017, with the most recent round around 2023-12-28.
Insurtech venture funding — $23.0M raised · Provath