Late last night Oscar Health, a tech-enabled medical insurance provider, priced its IPO at $39 per share. The final price came in $1 per share above its raised IPO guidance; Oscar Health had originall
This morning Beam, an insurtech startup that provides dental coverage to corporate employees, announced that it has closed an $80 million Series E. Mercato-affiliated Traverse led the investment, wit
What we learn today will hopefully bear on other insurtech startups that want liquidity during the current cycle.
French startup Seyna is getting a new CEO. Stephen Leguillon is joining the company as chief executive while Philippe Mangematin is stepping back from day-to-day activities for personal reasons — he
Expect to keep hearing about insurtech for quarters and quarters to come.
French startup Luko has raised a $60 million Series B funding round (€50 million). The round is led by EQT Ventures, with existing investors Accel, Founders Fund and Speedinvest also participating.
Earlier this week, TechCrunch covered the latest venture round for AgentSync, a startup that helps insurance agents comply with rules and regulations. But while the product area might not keep you up
This morning AgentSync, an insurtech startup focused on agent compliance management, announced a new funding round worth $6.7 million. The financing event, led by well-known SaaS founder David Sacks&#
In the wake of insurtech unicorn Root’s IPO, it felt safe to say that the big transactions for the insurance technology startup space were done for the year. After all, 2020 had been a big one f
No matter who wins the election, or how the transition goes -- if the markets stay rich, the IPOs can flow.
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.
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
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
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
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.
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
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
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
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
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.