insurance

Air Doctor raised $20M to plug a gap in how people find doctors when they’re travelling

Biotech & Health /

Travelling abroad comes with its unique set of stresses, and one of the biggest is what to do if you find yourself unwell. Can you find a doctor who speaks your language, will accept your insurance, and let you avoid the costs and stress of visiting an unfamiliar hospital emergency room?  A startup called Air […]

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French embedded insurance startup Neat secures $55 million

Fundraising /

It’s not every day that you hear about a large funding round for a French startup in the current funding environment. But Neat, a Paris-based insurtech startup, has managed to raise €50 million (around $55 million at current exchange rates). There is some fine print however. In addition to the traditional equity-for-cash financial transaction, a

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Packing travel insurance products into an app helped FAYE to a $31M Series B

Fundraising /

We’ve been covering US-based Insurtech startup FAYE way back since 2022 with its Seed round, and the Series A round in 2023, and it seems they continue to be on a roll, today announcing a $31 million in Series B funding. What is keeping this online insurance company on the rise?  Well, it would appear

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After 20 months of trying to raise funds, insurance startup Loop cuts staff

Startups /

Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute

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Insurance provider Understory gets into renewable energy following $15M Series A

Fundraising /

Back in 2014, Understory co-founder and CEO Alex Kubicek was on a mission to deploy a network of ground-level weather stations to track weather in real time and anticipate needs, for example, in terms of committing resources to an area after or during a storm. At the time, Kubicek teamed up with Bryan Dow to

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Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO

Fintech /

Go Digit, an Indian insurance startup, has raised $141 million from dozens of investors as part of an initial public offering that starts on Wednesday. Fidelity, Goldman Sachs, Morgan Stanley, Abu Dhabi Investment Authority, Bay Pond, Mirae Asset Management, Steadview Capital, and HSBC, as well as Indian mutual funds operated by SBI, ICICI, Axis, Tata

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