Top 100 Insurance Startups to Watch in 2026
The insurance sector is being reshaped by technology focused startups. These companies are targeting specific niches from cyber risk to employee benefits.
Companies like Coalition have attracted significant funding, raising $800M to tackle cyber risk. Others, such as Kin Insurance, have secured over $708M to provide property insurance directly to customers.
Below is our list of 100 Insurance startups worth keeping an eye on.
Failory's Top 10 Picks
Cowbell provides cyber insurance for businesses ranging from small companies to upmarket enterprises. Their AI-driven platform continuously assesses risk to deliver customized policies and help clients manage their digital exposure.
| Headquarters | Pleasanton, California, United States |
| Year Founded | 2019 |
| Founders | Jack Kudale, Prab Reddy, Rajeev Gupta, Trent Cooksley |
| Funding Amount | $208.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Anthemis, Permira, Viola FinTech, Nyca Partners, PruVen Capital |
CyberCube builds a cyber risk analytics platform designed to help the insurance industry quantify its exposure. Their modeling solutions allow insurers to better underwrite policies and understand the financial impact of cyber events.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | Ashwin Kashyap |
| Funding Amount | $285M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Morgan Stanley, Spectrum Equity, Forgepoint Capital, Stone Point Capital, MTech Capital |
Flex builds a finance super app that integrates business and personal accounts for entrepreneurs. The platform gives users a real-time view of their entire net worth, combining financial products like banking, credit cards, and treasury management.
| Headquarters | Miami, Florida, United States |
| Year Founded | 2022 |
| Founders | Hadi Solh, Zaid Rahman |
| Funding Amount | $348M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Hustle Fund, Titanium Ventures, Florida Funders, Chapter One, Suffolk Technologies |
bolttech operates a global insurance exchange that connects insurers, distributors, and customers through a single technology platform. This ecosystem streamlines how protection and insurance products are bought and sold worldwide.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2020 |
| Founders | Richard Li |
| Funding Amount | $690.2M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Activant Capital, LeapFrog Investments, MetLife, Khazanah Nasional, Baillie Gifford |
Kin Insurance has built a direct-to-consumer platform for homeowners insurance, simplifying how people buy and manage their policies. They focus on providing affordable coverage options, especially for homes located in regions prone to extreme weather.
| Headquarters | Chicago, Illinois, United States |
| Year Founded | 2016 |
| Founders | Lucas Ward, Sean Harper, Sebastian Villarreal, Stephen Wooten |
| Funding Amount | $708.2M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | QED Investors, Gaingels, 500 Global, Wellington Management, Long Journey Ventures |
Headway builds a mental healthcare network that makes it simple for therapists to accept insurance. Their platform helps providers scale their practices and makes it easier for patients to find affordable in-network care.
| Headquarters | New York, New York, United States |
| Year Founded | 2019 |
| Founders | Andrew Adams, Dan Ross, Jake Sussman, Kevin Chan |
| Funding Amount | $325.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Andreessen Horowitz, Accel, Forerunner, Thrive Capital, Bossa Invest |
Coalition provides businesses with both cyber insurance and the security tools needed to manage digital risk. Their Active Insurance platform is designed to prevent incidents before they strike, rather than just covering the aftermath.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2017 |
| Founders | John Hering, Joshua Motta |
| Funding Amount | $800M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Valor Equity Partners, General Atlantic, Index Ventures, Ribbit Capital, Hillhouse Investment |
Nayya builds a software and data platform that helps employees better control their health and financial potential. Their technology offers personalized guidance for choosing and using benefits, simplifying complex decisions around insurance and financial wellness.
| Headquarters | New York, New York, United States |
| Year Founded | 2019 |
| Founders | Akash Magoon, Aman Magoon, Sina Chehrazi |
| Funding Amount | $105.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | ICONIQ Growth, Transformation Capital, Felicis, Workday Ventures, SVB Capital |
Coterie Insurance builds technology to simplify how agents and brokers sell small business insurance. Their APIs allow partners to instantly quote and issue policies, embedding the process directly into their own platforms.
| Headquarters | Appleton, Wisconsin, United States |
| Year Founded | 2018 |
| Founders | David McFarland, Kevin Mackey, Tim Metzner |
| Funding Amount | $97M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Allos Ventures, RPM Ventures, Weatherford Capital, Frontier Venture Capital, Sure Ventures |
Justworks created an all-in-one platform to help businesses handle payroll, benefits, HR, and compliance. Their software gives small companies access to enterprise-level benefits and simplifies complex administrative work.
| Headquarters | New York, New York, United States |
| Year Founded | 2012 |
| Founders | Iris Ramos, Isaac Oates |
| Funding Amount | $159.8M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | LocalGlobe, Bain Capital, Index Ventures, Union Square Ventures, Bain Capital Ventures |
90 Additional Insurance Startups Worth Following
Our top 10 picks are just a small slice of what's happening in the insurance sector. Together, the companies we're watching have raised billions of dollars to build new tools, with many focusing on AI and fintech.
You'll see companies at every stage, from brand new startups to those already scaling quickly. Here’s a look at the other startups shaping the insurance industry.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
 Roots | AI | 2018 | $44M | Series B |
 League | Enterprise | 2014 | $271.1M | Venture Round |
 Chapter | Healthcare | 2013 | $184M | Series D |
 Taktile | Fintech | 2020 | $78.7M | Series B |
 Venteur | AI | 2021 | $27.7M | Series A |
 Vinlivt | Fintech | 2022 | $6.7M | Seed |
 Cytora | InsurTech | 2014 | $41.4M | Series B |
 Integrity Marketing Group | Marketing | 2006 | $2.1B | Private Equity |
 CLARA Analytics | Analytics | 2017 | $60.5M | Venture Round |
 Ascend | Fintech | 2021 | $285.5M | Debt Financing |
 Sidecar Health | Fintech | 2018 | $328M | Series D |
 b.well Connected Health | Biotech | 2015 | $118.8M | Debt Financing |
 Lula | AI | 2020 | $53.5M | Series B |
 Related Group | Analytics | 1979 | $282.8M | Debt Financing |
 Kinetic | Analytics | 2014 | $19.4M | Series A |
 DigitalOwl | InsurTech | 2017 | $38.5M | Series B |
 Oxa | AI | 2014 | £181.6M | Series C |
 Datawizz.ai | Fintech | 2019 | $15.5M | Seed |
 Kota | Media | 2022 | $22.4M | Series A |
 Elysian | AI | 2024 | $9M | Seed |
 Bamboo | Fintech | 2018 | $28.5M | Series A |
 Parento | Fintech | 2019 | $10.4M | Seed |
 SureCo | Enterprise | 2016 | $23M | Series A |
 Lloyd's | Fintech | 1829 | $395M | Debt Financing |
 Ladder | Fintech | 2015 | $194M | Series D |
 Jerry | AI | 2017 | $242M | Series C |
 Reserv | Enterprise | 2022 | $84.1M | Series B |
 Catch | Media | 2017 | $20.1M | Series A |
 Concirrus | Enterprise | 2012 | £31.1M | Corporate Round |
 eSSENTL Creator | Fintech | 2024 | $1.9M | Pre-Seed |
 INSHUR | InsurTech | 2016 | $116.6M | Private Equity |
 Steadily | InsurTech | 2020 | $84.9M | Series C |
 Rula | Healthcare | 2019 | $110.9M | Series C |
 180 Seguros | Fintech | 2020 | $48.6M | Series A |
 Acko | InsurTech | 2016 | $458M | Undisclosed |
 Gradient AI | AI | 2012 | $123.2M | Series C |
 Skypoint | AI | 2020 | $12M | Undisclosed |
 Zinnia | Enterprise | 2005 | $300M | Debt Financing |
 Edward Jones | Enterprise | 1922 | $406.8M | Undisclosed |
 Novidea | Cloud | 2009 | $110M | Series C |
 Akur8 | Fintech | 2019 | $166.6M | Series C |
 Seyna | Fintech | 2018 | $57M | Venture Round |
 Policygenius | Fintech | 2014 | $276.1M | Series E |
 Igloo | AI | 2016 | $98M | Series C |
 iCover | AI | 2018 | $5M | Seed |
 NationsBenefits | Healthcare | 2015 | $170M | Private Equity |
 Faye | Fintech | 2021 | $49M | Series B |
 Ondato | Fintech | 2018 | $11.2M | Seed |
 Meanwhile | Crypto | 2022 | $59M | Series A |
 Socotra | Enterprise | 2014 | $93.9M | Series C |
 Federato | AI | 2020 | $80M | Series C |
 Pathwork | AI | 2024 | $3.8M | Seed |
 BriteCore | Enterprise | 2012 | $82.6M | Series C |
 Beem | AI | 2020 | $27.2M | Debt Financing |
 dacadoo | Healthcare | 2010 | CHF70M | Series C |
 Vouch | Fintech | 2018 | $184.7M | Series D |
 Boost | Fintech | 2017 | $37M | Venture Round |
 Unqork | Enterprise | 2017 | $365.2M | Series C |
 CozmoX AI (YC W22) | AI | 2024 | $1M | Pre-Seed |
 AmWINS | Fintech | 1998 | $61M | Venture Round |
 Anterior | AI | 2022 | $23.2M | Series A |
 Sohar Health | AI | 2023 | $7.5M | Seed |
 Nykredit Realkredit | Manufacturing | 1851 | SEK300M | Debt Financing |
 Superscript | Crypto | 2015 | $79.2M | Series B |
 PasarPolis | Fintech | 2015 | $71M | Undisclosed |
 Clearcover | InsurTech | 2016 | $406M | Undisclosed |
 Lassie | InsurTech | 2020 | $36.5M | Series B |
 Devoted Health | Healthcare | 2017 | $2.3B | Series E |
 Resistant AI | AI | 2019 | $30.4M | Corporate Round |
 GoodData | Analytics | 2007 | $167.7M | Debt Financing |
 Covr Financial Technologies | Fintech | 2016 | $53M | Series B |
 Feather | Fintech | 2018 | $9.9M | Series A |
 PHP Agency | Fintech | 2009 | $11.9M | Venture Round |
 Relativity6 | AI | 2016 | $6.8M | Seed |
 Dwr Cymru Welsh Water | Fintech | 1989 | £600M | Debt Financing |
 Codoxo | Analytics | 2017 | $14.7M | Series B |
 Turtlemint | Fintech | 2015 | $197M | Series E |
 Wagmo | Retail | 2018 | $24.5M | Venture Round |
 Camber | Infrastructure | 2020 | $33.1M | Series B |
 COVU | Fintech | 2022 | $58M | Undisclosed |
 SEI | Analytics | 1992 | $725.1k | Undisclosed |
 Osigu | AI | 2015 | $52.3M | Series B |
 Fenris | Analytics | 2016 | $4.4M | Seed |
 Nestimate | Fintech | 2022 | $3.3M | Seed |
 Quandri | AI | 2020 | $18.7M | Series A |
 Orion180 Insurance | Fintech | 2017 | $42.3M | Debt Financing |
 Aveni | Enterprise | 2018 | £15.5M | Series A |
 Nomi Health | Fintech | 2019 | $110M | Private Equity |
 Wisdom | Fintech | 2023 | $28M | Series A |
 Sure | Fintech | 2015 | $123.1M | Series C |
