INSTANDA, a leading no-code insurance platform, has announced the completion of a $20 million investment round led by CommerzVentures, a Frankfurt-based fintech and insurtech specialist venture capital firm. Additional participation came from existing investors Toscafund, Dale Ventures, and company advisor Bronek Masojada, former CEO of Hiscox. This latest funding brings INSTANDA’s total capital raised to more than $85 million.
Market Opportunity
The funding comes as insurers continue to modernize legacy systems and adopt advanced digital tools. INSTANDA operates at the intersection of three major industry trends — real-time data insights, AI integration in underwriting and claims, and demand for agile, user-controlled technology.
INSTANDA remains the only no-code platform specifically designed for the insurance industry that allows insurers and Managing General Agents (MGAs) to manage complex products across both personal and commercial lines without engineering overhead. The platform enhances speed to market, lowers risk for new propositions, and supports rapid adaptation to regulatory or pricing changes.
Impressive Momentum
Since its previous funding round, INSTANDA has achieved over 40% compound annual growth, reached profitability, and established partnerships with major System Integrators (SIs) and insurtechs such as Coherent. These collaborations help insurers overcome legacy challenges and deliver competitive customer offerings.
Today, INSTANDA works with more than 80 tier 1 and MGA clients, providing flexible, feature-rich, and cost-efficient technology solutions in both the U.S. and U.K. markets.
Growth Plans
The newly secured funding will support INSTANDA’s next phase of expansion. The company plans to:
- Accelerate international growth, particularly across North America and Europe
- Enhance its data science-driven capabilities to streamline underwriting and deliver personalized customer experiences
- Pursue strategic acquisitions to expand its capabilities and client offerings
Strategic Backing and Industry Expertise
Tim Hardcastle, CEO and Co-founder of INSTANDA, said the investment underscores the platform’s strength and long-term vision. “We are delighted to work with CommerzVentures and leverage their proven expertise in B2B SaaS,” he stated. “With CommerzVentures onboard and continued support from Toscafund and Dale Ventures, we are poised to scale faster, innovate deeper and deliver even greater value to our diverse client base. At the heart of this next phase of innovation, we will further embed data science and AI in our platform for the benefit of our global client community.”
Patrick Meisberger, Managing Partner at CommerzVentures, emphasized the firm’s enthusiasm for the partnership: “INSTANDA represents one such opportunity, and we are pleased to be part of this important stage in its journey. We have been particularly impressed by the strength of their platform and the commitment and collaboration of their team.”
George Koulouris, Partner at Toscafund, added, “We are pleased to welcome CommerzVentures to the INSTANDA investor community and look forward to working together to accelerate the company’s journey towards a market-leading position.”
About INSTANDA
Founded in 2015, INSTANDA provides a no-code policy administration and distribution platform that enables insurers worldwide to rapidly adapt to market and customer needs. Designed for seamless integration and configurability, the platform helps insurers create, manage, and optimize insurance products and customer journeys. Learn more at https://instanda.com.
About CommerzVentures
CommerzVentures, founded in 2014, is a fintech venture capital firm managing €550 million in assets. The company invests in early and growth-stage fintech, insurtech, and climate fintech companies, with a focus on Europe and strategic investments in Israel, the U.S., and Africa. CoV Management GmbH manages CommerzVentures funds independently.
Insurance Advisory Partners served as the exclusive financial advisor to INSTANDA in the transaction.
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