insurtech

Oscar Health prices IPO at $39 and secures a $9.5B valuation

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

Beam raises $80M as the dental insurer looks to keep up rapid historic growth

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

How will investors value Metromile and Oscar Health?

What we learn today will hopefully bear on other insurtech startups that want liquidity during the current cycle.

Seyna is building an insurance-as-a-service startup for the French market

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

As Next Insurance makes its first acquisition, insurtech looks energetic

Expect to keep hearing about insurtech for quarters and quarters to come.

Luko raises $60 million for its home insurance products

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.

As Metromile looks to go public, insurtech funding is on the rise

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

AgentSync lands consecutive rounds as insurtech booms

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&#

Insurtech’s big year gets bigger as Metromile looks to go public

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

3 lessons from Root’s IPO pricing

No matter who wins the election, or how the transition goes -- if the markets stay rich, the IPOs can flow.

Root targets $6B+ valuation in pending IPO, a boon for insurtech startups

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.

As tech stocks dip, is insurtech startup Root targeting an 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

EasySend raises $16M from Intel, more for its no-code approach to automating B2C interfaces

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

Indonesian insurtech startup PasarPolis gets $54 million Series B from investors including LeapFrog and SBI

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

Don’t let VCs be the gatekeepers of your success

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.

Insurtech unicorn Lemonade raises IPO range ahead of debut

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

Lemonade targets down-round pricing in impending IPO

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

3 questions for Lemonade’s IPO

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

Insurance data analytics platform Planck raises $16 million Series B

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

VCs pulled back from fintech in Q1

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.
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