Early-stage VC firm Altai Ventures has launched a $53mn investment fund that will target startups in the insurtech and fintech space.
Tag: InsurTech investment
Record-Breaking InsurTech Fundraising in Q3 2020, As ‘Funding Gap’ Widens
Solid investor appetite for new and mature opportunities in the InsurTech sector was again in evidence during Q3 2020, as US$2.5 billion was raised by InsurTech firms across 104 deals, up 63% and 41% respectively over the prior quarter. Deals included two US$500 million rounds, but the mid-tier funding gap for firms seeking investments in… Continue reading Record-Breaking InsurTech Fundraising in Q3 2020, As ‘Funding Gap’ Widens
COVID-19 Pandemic Shifts InsurTech Investment Priorities
The amount of money invested in InsurTechs during the first half of 2020 remained remarkably robust at nearly $2.2 billion, despite the economic fallout and general uncertainty prompted by the COVID-19 outbreak, according to data collected by Venture Scanner and analyzed by the Deloitte Center for Financial Services. Key InsurTech insights Despite the COVID-19 outbreak… Continue reading COVID-19 Pandemic Shifts InsurTech Investment Priorities
$1.5+ Billion Invested in InsurTech in Q2 2020
Following the COVID-19-induced slowdown in global InsurTech investment during the first months of 2020, $1.56 billion was raised by InsurTech firms in Q2. The total, up 71% over Q1, was driven in part by later-stage investments, including four ‘mega-rounds’ in excess of $100 million, according to the new Quarterly InsurTech Briefing from Willis Towers Watson,… Continue reading $1.5+ Billion Invested in InsurTech in Q2 2020
InsurTech Investment Worldwide Continued at High Levels During Q2 2019
InsurTech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which total new funding commitments exceeded $1.2 billion, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, a leading global advisory, broking and solutions company. 69 deals with a total value of $1.41 billion… Continue reading InsurTech Investment Worldwide Continued at High Levels During Q2 2019
InsurTech Investment Records Smashed in Q1
InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, the leading global advisory, broking and solutions company. 85 deals… Continue reading InsurTech Investment Records Smashed in Q1