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The Founder's Handbook

Top 80 InsurTech Startups in 2024

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CTA

Think InsurTech is boring and everything’s been done before?

Think again.

If you’re in the InsurTech industry or are interested in starting a company in this space, this article dives into 80 of the hottest fast-growing InsurTech startups.


80 InsurTech Startups

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1) Shift Technology

Shift Technology

For the worldwide insurance sector, Shift Solutions provides AI-driven decision automation and optimization technology.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2013
  • Founders: David Durrleman, Eric Sibony, Jeremy Jawish
  • Number of employees: 251-500
  • Funding: $319,987,263
  • Funding rounds: 9
  • Number of investors: 10 (General Catalyst, Accel, Advent International, Bessemer Venture Partners, Elaia)

You can find their website here.

2) wefox

wefox

Wefox is a digital insurance firm that uses technology to reinvent insurance at scale in order to keep people safe and prevent danger.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2015
  • Founders: Dario Fazlic, Fabian Wesemann, Jonathan Seoane, Julian Teicke, Teodoro Martino
  • Number of employees: 501-1000
  • Funding: $918,500,000
  • Funding rounds: 6
  • Number of investors: 38 (Goldman Sachs, Eurazeo, Salesforce Ventures, Partners Group, AngelList)

You can find their website here.

3) Betterfly

Betterfly

Betterfly is a mission-driven benefits platform that rewards good behavior with charity donations and free life insurance.

Details of the startup:

  • Country: Chile
  • State: Region Metropolitana
  • City: Santiago
  • Started in: 2018
  • Founders: Cristobal della Maggiora, Eduardo della Maggiora
  • Number of employees: 101-250
  • Funding: $77,501,000
  • Funding rounds: 5
  • Number of investors: 12 (DST Global, QED Investors, Endeavor Catalyst, JP Morgan, Valor Capital Group)

You can find their website here.

4) ELEMENT Insurance

ELEMENT Insurance

ELEMENT Insurance is a digital insurance technology business that provides custom-made, white-label product solutions.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2017
  • Founders: Henning Groß, Inna Leontenkova, Richard Hector, Sascha Herwig
  • Number of employees: 101-250
  • Funding: € 66,000,000
  • Funding rounds: 5
  • Number of investors: 14 (Global Brain Corporation, SBI Investment, Alma Mundi Ventures, finleap, Ilavska Vuillermoz Capital)

You can find their website here.

5) handdii

handdii

handdii is an online marketplace that connects customers with insurance company contractors.

Details of the startup:

  • Country: Australia
  • State: Victoria
  • City: Melbourne
  • Started in: 2017
  • Founders: Christie Downs, Kathryn Wood
  • Number of employees: 11-50
  • Funding: $4,500,000
  • Funding rounds: 3
  • Number of investors: 7 (Fifty-Second Celebration, Startupbootcamp, Brick & Mortar Ventures, Nine Four Ventures, Greenlight Reinsurance)

You can find their website here.

6) Clark

Clark

Clark is an insurance platform that offers comprehensive coverage.

Details of the startup:

  • Country: Germany
  • State: Hessen
  • City: Frankfurt
  • Started in: 2015
  • Founders: Chris Lodde, Christopher Oster, Garrett Whitmore, Marco Adelt, Steffen Glomb
  • Number of employees: 251-500
  • Funding: $128,050,383
  • Funding rounds: 5
  • Number of investors: 19 (Tencent, Target Global, Axel Springer, White Star Capital, finleap)

You can find their website here.

7) PasarPolis

PasarPolis

PasarPolis is an insurtech business that provides individuals with an online insurance comparison tool.

Details of the startup:

  • Country: Indonesia
  • State: Jakarta Raya
  • City: Jakarta
  • Started in: 2015
  • Founders: Cleosent Randing
  • Number of employees: 51-100
  • Funding: $59,000,000
  • Funding rounds: 6
  • Number of investors: 11 (Traveloka, Gojek, East Ventures, Xiaomi, International Finance Corporation)

You can find their website here.

8) GoBear

GoBear

GoBear is an insurance, credit card, and loan comparison service.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2014
  • Founders: Frank Stevenaar, Ivonne Bojoh, Marnix Zwart
  • Number of employees: 101-250
  • Funding: $97,000,000
  • Funding rounds: 2
  • Number of investors: 2 (Aegon, Walvis Participaties)

You can find their website here.

9) 180° Insurance

180° Insurance

180° is an InsurTech firm that operates on the insurance-as-a-service paradigm.

Details of the startup:

  • Country: Brazil
  • State: Sao Paulo
  • City: Sao Paulo
  • Started in: 2020
  • Founders: Alex Körner, Franco Lamping, Mauro Levi D'Ancona
  • Number of employees: 11-50
  • Funding: R$44,000,000
  • Funding rounds: 1
  • Number of investors: 6 (8VC, Dragoneer Investment Group, Rainfall Ventures, Canary, Norte Ventures)

You can find their website here.

10) Hyphen Group

Hyphen Group

In Greater Southeast Asia, Hyphen Group is a leading fintech company.

Details of the startup:

  • Country: Hong Kong
  • State: Hong Kong Island
  • City: Causeway Bay
  • Started in: 2014
  • Founders: Alister Musgrave, David Hatcher, Gerald Eder, Kenneth Lou, Shaun Kraft, Tee Ming Chew
  • Number of employees: 251-500
  • Funding: $116,000,000
  • Funding rounds: 4
  • Number of investors: 14 (International Finance Corporation, ACE & Company, Mark Pincus, SBI Group, Route 66 Ventures)

You can find their website here.

11) Coya

Coya

With an AI risk guardian and a simple, transparent, and personalized insurance cover, Coya provides scalable protection at the moment of need.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2016
  • Founders: Andrew Shaw, Peter Hagen, Sebastian Villarroel
  • Number of employees: 101-250
  • Funding: $40,000,000
  • Funding rounds: 2
  • Number of investors: 4 (Headline, Valar Ventures, La Famiglia, MPGI)

You can find their website here.

12) Bayzat

Bayzat

Bayzat is a technology firm that specializes in insurance and HR software.

Details of the startup:

  • Country: United Arab Emirates
  • State: Dubai
  • City: Dubai
  • Started in: 2011
  • Founders: Brian Habibi, Talal Bayaa, Tarek Bayaa
  • Number of employees: 101-250
  • Funding: $28,598,445
  • Funding rounds: 5
  • Number of investors: 10 (Endeavor Catalyst, Point72 Ventures, Silicon Badia, BECO Capital, Raed Ventures)

You can find their website here.

13) FRIDAY

FRIDAY

FRIDAY is the first German digital insurance to offer its own vehicle prices.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2017
  • Founders: Christoph Samwer, Florian Eismann
  • Number of employees: 101-250
  • Funding: € 114,000,000
  • Funding rounds: 1
  • Number of investors: 3 (SevenVentures, German Media Pool, Baloise Strategic Ventures)

You can find their website here.

14) PolicyStreet

PolicyStreet

PolicyStreet is an online platform that streamlines the insurance purchasing process.

Details of the startup:

  • Country: Malaysia
  • State: Kuala Lumpur
  • City: Kuala Lumpur
  • Started in: 2016
  • Founders: Wilson Beh, Winnie Chua, Yen Ming Lee
  • Number of employees: 11-50
  • Funding: $3,551,265
  • Funding rounds: 4
  • Number of investors: 4 (Cradle Fund Sdn Bhd (Cradle), KK Fund, Spiral Ventures, Malaysian Co-investment Fund (MyCIF))

You can find their website here.

15) simplesurance

simplesurance

Simplesurance combines traditional insurance industries with digital business to develop a platform for easy access to insurance.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2012
  • Founders: Felix Jankowski, Ismail Asci, Joachim von Bonin, Patrick Frey, Robin von Hein
  • Number of employees: 101-250
  • Funding: $78,064,754
  • Funding rounds: 10
  • Number of investors: 19 (Rakuten, Allianz, Mountain Partners, Dr. Cornelius Boersch, Conny & Co)

You can find their website here.

16) omni:us

omni:us

omni:us has developed a set of insurance-specific AI solutions for claims administration.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2015
  • Founders: Eric Pfarl, Harald Gölles, Martin Micko, Sofie Quidenus-Wahlforss, Stephan Dorfmeister
  • Number of employees: 51-100
  • Funding: $44,108,775
  • Funding rounds: 7
  • Number of investors: 17 (Target Global, MMC Ventures, Plug and Play Tech Center, Anthemis Group, European Innovation Council)

You can find their website here.

17) Relay Platform Inc

Relay Platform Inc

P&C insurance and reinsurance arrangements on a SaaS platform

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2019
  • Founders: Greg Boutin
  • Number of employees: 11-50
  • Funding: $8,130,502
  • Funding rounds: 2
  • Number of investors: 5 (Drive Capital, Plug and Play Tech Center, Highline Beta, American Family Insurance, NFP Ventures)

You can find their website here.

18) Igloo

Igloo

Igloo is an insurtech AI platform that creates digital insurance products to make insurance more accessible.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2016
  • Founders: Wei Zhu
  • Number of employees: 11-50
  • Funding: $16,000,000
  • Funding rounds: 1
  • Number of investors: 6 (Cathay Innovation, Openspace Ventures, Partech, Singtel Innov8, Linear Venture)

You can find their website here.

19) Acheel

Acheel

Acheel is an insurtech startup that provides insurance that is completely digital, accessible, and innovative.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2020
  • Number of employees: 11-50
  • Funding: € 29,000,000
  • Funding rounds: 1
  • Number of investors: 3 (Xavier Niel, Portag3 Ventures, Serena)

You can find their website here.

20) FRISS

FRISS

Friss is a P&C insurer's analytics software supplier for fraud, risk, and compliance.

Details of the startup:

  • Country: The Netherlands
  • State: Utrecht
  • City: Utrecht
  • Started in: 2006
  • Founders: Christian van Leeuwen, Jeroen Morrenhof
  • Number of employees: 101-250
  • Funding: € 15,000,000
  • Funding rounds: 1
  • Number of investors: 2 (BlackFin Capital Partners, Aquiline Technology Growth)

You can find their website here.

21) Pier

Pier

Pier is a digital insurance company that offers coverage for both smartphones and automobiles.

Details of the startup:

  • Country: Brazil
  • State: Sao Paulo
  • City: Sao Paulo
  • Started in: 2018
  • Number of employees: 51-100
  • Funding: $22,080,962
  • Funding rounds: 2
  • Number of investors: 4 (Monashees, Canary, BTG Pactual, Mercado Libre Fund)

You can find their website here.

22) Elma

Elma

Using technology and running an insurance company, Elma makes healthcare access a patient-centric and completely customized experience.

Details of the startup:

  • Country: Spain
  • State: Catalonia
  • City: Barcelona
  • Started in: 2017
  • Founders: Albert Malagarriga, Miguel Antón
  • Number of employees: 11-50
  • Funding: € 7,100,000
  • Funding rounds: 3
  • Number of investors: 7 (Antai Venture Builder, Social Starts, Mangrove Capital Partners, Miguel Vicente, Arroba Capital)

You can find their website here.

23) insureQ

insureQ

InsureQ is an insurance firm that caters to the needs of SMEs, freelancers, and startups.

Details of the startup:

  • Country: Germany
  • State: Bayern
  • City: Munich
  • Started in: 2019
  • Founders: Alexander Marius Le Prince, Iven Schorr, Johannes Breulmann, Laibing Yang, Luisa Müller-Wittmann
  • Number of employees: 11-50
  • Funding: € 5,000,000
  • Funding rounds: 2
  • Number of investors: 4 (Rocket Internet, Global Founders Capital, Flash Ventures, Nauta Capital)

You can find their website here.

24) Credolab

Credolab

Credolab's Embedded Scoring - The Confidence to Say "Yes"

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2016
  • Founders: Adrian Chng, Greg Krasnov, Peter Barcak
  • Number of employees: 11-50
  • Funding: $10,050,000
  • Funding rounds: 7
  • Number of investors: 7 (Walden International, GB Group, Masnavi Capital, Fintonia Group, Adam Niewinski)

You can find their website here.

25) DocDoc

DocDoc

DocDoc is the first patient intelligence company in the world.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2012
  • Founders: Cole Sirucek, Dawn Soo, Grace Park
  • Number of employees: 51-100
  • Funding: $24,600,000
  • Funding rounds: 5
  • Number of investors: 5 (Vectr, SparkLabs Global Ventures, Adamas Finance Asia, Cyberport Macro Fund, Yee How Choong)

You can find their website here.

26) Finanzchef24

Finanzchef24

Through its independent online comparison platform, Finanzchef24 offers digital commercial insurance to enterprises and self-employed people in Germany.

Details of the startup:

  • Country: Germany
  • State: Bayern
  • City: München
  • Started in: 2012
  • Founders: Felix Schollmeier, Hendrik Rennert
  • Number of employees: 101-250
  • Funding: € 14,000,000
  • Funding rounds: 5
  • Number of investors: 6 (Target Partners, Mercura Capital, HW Capital, Markel Digital Investments, Mercury Capital Partners)

You can find their website here.

27) Kanopi

Kanopi

Kanopi is a data-driven insurtech that combines insurers with digital platforms so that clients may get the correct insurance.

Details of the startup:

  • Country: Australia
  • State: Victoria
  • City: Melbourne
  • Started in: 2014
  • Founders: Nigel Fellowes-Freeman
  • Number of employees: 11-50
  • Funding: A$5,000,000
  • Funding rounds: 3
  • Number of investors: 2 (Hollard Insurance, Folklore Ventures)

You can find their website here.

28) Zelros

Zelros

Zelros is an AI-powered end-to-end business platform that integrates common sales and claims situations.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2016
  • Founders: Christophe Bourguignat, Damien Philippon, Fabien Vauchelles
  • Number of employees: 11-50
  • Funding: $16,109,513
  • Funding rounds: 2
  • Number of investors: 6 (Benhamou Global Ventures, Plug and Play Tech Center, 42CAP, Hi Inov - Dentressangle, astorya.vc)

You can find their website here.

29) Pitzi

Pitzi

Pitzi is an insurtech business that transforms smartphone insurance through cutting-edge CX design and an innovative supply chain.

Details of the startup:

  • Country: Brazil
  • State: Sao Paulo
  • City: Sao Paulo
  • Started in: 2012
  • Founders: Daniel Hatkoff
  • Number of employees: 101-250
  • Funding: $29,788,821
  • Funding rounds: 4
  • Number of investors: 11 (QED Investors, DCM Ventures, Flybridge, Western Technology Investment, Kaszek)

You can find their website here.

30) INZMO

INZMO

INZMO is a cutting-edge insurance platform that adds value and improves the insurance experience for all parties involved at critical phases.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2015
  • Founders: Meeri Rebane, Risto Klausen
  • Number of employees: 11-50
  • Funding: $7,871,905
  • Funding rounds: 5
  • Number of investors: 4 (500 Startups, Helvetia Venture Fund, UNIQA Ventures, Change Ventures)

You can find their website here.

31) Coverflex

Coverflex

For modern businesses, flexible remuneration is essential.

Details of the startup:

  • Country: Portugal
  • State: Braga
  • City: Braga
  • Started in: 2019
  • Founders: Luis Rocha, Luis Rocha, Miguel Santo Amaro, Nuno Pinto, Rui Carvalho
  • Number of employees: 11-50
  • Funding: € 5,000,000
  • Funding rounds: 2
  • Number of investors: 5 (Breega, Big Start Ventures, LC Ventures, Beta-i, 200M)

You can find their website here.

32) AKUR8

AKUR8

AKUR8 is a SaaS Insurtech that specializes in transparent AI-powered insurance pricing optimization.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2018
  • Founders: Guillaume Beraud-Sudreau, Samuel Falmagne
  • Number of employees: 11-50
  • Funding: € 35,300,000
  • Funding rounds: 3
  • Number of investors: 2 (BlackFin Capital Partners, MTech Capital)

You can find their website here.

33) OneDegree

OneDegree

OneDegree is a digital insurer and a technology business that has totally automated the insurance process from beginning to end.

Details of the startup:

  • Country: Hong Kong
  • State: Kowloon
  • City: Kwun Tong
  • Started in: 2016
  • Founders: Alex Leung, Alvin Kwock
  • Number of employees: 11-50
  • Funding: $30,000,000
  • Funding rounds: 1
  • Number of investors: 3 (BitRock Capital, Cyberport Macro Fund, Cathay Venture)

You can find their website here.

34) Coherent

Coherent

Coherent is a Hong Kong-based insurtech firm that develops digital solutions for some of the world's largest insurers.

Details of the startup:

  • Country: Hong Kong
  • State: Hong Kong Island
  • City: Causeway Bay
  • Started in: 2015
  • Founders: Eric Forgy, Fred Ngan, John Brisco, Michael Chan
  • Number of employees: 101-250
  • Funding: $14,000,000
  • Funding rounds: 1
  • Number of investors: 2 (Franklin Templeton Investments, Cathay Innovation)

You can find their website here.

35) AppMan

AppMan

AppMan is a leading insurtech for life insurance in Thailand and the Asian market, offering technologies to improve sales experience.

Details of the startup:

  • Country: Thailand
  • State: Krung Thep
  • City: Huai Khwang
  • Started in: 2011
  • Founders: Amarit Franssen, Nuttapon Kongkitimanon, Pak Rattidham, Thanapoom Chareonsiri
  • Number of employees: 101-250
  • Funding: THB139,000,000
  • Funding rounds: 1
  • Number of investors: 5 (Krungsri Finnovate, Siam Alpha Equity, KTBST Securities, POEMS Ventures, Cassette)

You can find their website here.

36) justInCase

justInCase

justInCase is Japan's first full-stack InsurTech firm, providing online P2P insurance as well as AI-based health and small-amount insurance.

Details of the startup:

  • Country: Japan
  • State: Tokyo
  • City: Tokyo
  • Started in: 2016
  • Founders: Hiroo Koizumi, Kazuya Hata, Shinichi Nasukawa
  • Number of employees: 11-50
  • Funding: ¥1,195,000,000
  • Funding rounds: 4
  • Number of investors: 11 (Global Brain Corporation, 500 Startups, SBI Investment, ITOCHU Corporation, Globis Capital Partners)

You can find their website here.

37) Ignatica

Ignatica

Company that provides a technology platform for the financial services industry.

Details of the startup:

  • Country: Hong Kong
  • State: Hong Kong Island
  • City: Central
  • Started in: 2018
  • Founders: Adhish Pendharkar, Manuel San Miguel, Travis Callahan
  • Number of employees: 11-50
  • Funding: $7,000,000
  • Funding rounds: 3
  • Number of investors: 7 (SOSV, Artesian VC, Chinaccelerator, TBD Angels, AFG Partners)

You can find their website here.

38) CarePay

CarePay

CarePay has created a platform for distributing mobile health data and payments that has the potential to revolutionize healthcare.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2015
  • Founders: Michiel Slootweg
  • Number of employees: 101-250
  • Funding: $45,174,362
  • Funding rounds: 2
  • Number of investors: 3 (ELMA Philanthropies, Investment Funds for Health in Africa, Dutch Ministry of Foreign Affairs)

You can find their website here.

39) Coru

Coru

Coru is a financial fitness program that promotes financial well-being.

Details of the startup:

  • Country: Mexico
  • State: Distrito Federal
  • City: Mexico City
  • Started in: 2014
  • Founders: Enrique Horcasitas, Freddy Dominguez, Stefan Bruun
  • Number of employees: 51-100
  • Funding: $15,000,000
  • Funding rounds: 3
  • Number of investors: 7 (Founders Fund, QED Investors, Credit Karma, Seaya Ventures, Argonautic Ventures)

You can find their website here.

40) Telemedi.co

Telemedi.co

For insurance and medical firms, revolutionizing healthcare services.

Details of the startup:

  • Country: Poland
  • State: Mazowieckie
  • City: Warsaw
  • Started in: 2014
  • Founders: Paweł Sieczkiewicz, Piotr Słomian
  • Number of employees: 51-100
  • Funding: $7,389,296
  • Funding rounds: 2
  • Number of investors: 5 (Flashpoint, Black Pearls VC, UNIQA Ventures, Adamed Group, PKO VC)

You can find their website here.

41) BetterTradeOff

BetterTradeOff

BTO reimagines financial counseling, empowering everyone, regardless of wealth or financial knowledge, to make better financial decisions.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2015
  • Founders: Laurent Bertrand, Robert Lonsdorfer, Vincent Weber
  • Number of employees: 11-50
  • Funding: SGD8,000,000
  • Funding rounds: 4
  • Number of investors: 1 (PostFinance)

You can find their website here.

42) Fixico

Fixico

Car maintenance handling is being reinvented and digitized.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2014
  • Founders: Derk Roodhuyzen de Vries, Mark van Laar
  • Number of employees: 51-100
  • Funding: € 19,300,000
  • Funding rounds: 4
  • Number of investors: 3 (Alma Mundi Ventures, Autotech Ventures, Finch Capital)

You can find their website here.

43) Thinksurance

Thinksurance

Thinksurance is a major business insurance technology consultation platform utilized by brokers, agents, banks, and other sales channels.

Details of the startup:

  • Country: Germany
  • State: Hessen
  • City: Frankfurt
  • Started in: 2015
  • Founders: Christopher Leifeld, Florian Brokamp
  • Number of employees: 101-250
  • Funding: € 17,000,000
  • Funding rounds: 3
  • Number of investors: 3 (Eight Roads Ventures, Christian Vollmann, German Startups Group)

You can find their website here.

44) Hepster

Hepster

Hepster is an insurtech firm that creates bespoke insurance products and integrates them into digital systems and procedures.

Details of the startup:

  • Country: Germany
  • State: Mecklenburg-Vorpommern
  • City: Rostock
  • Started in: 2016
  • Founders: Alexander Hornung, Christian Range, Hanna Bachmann
  • Number of employees: 11-50
  • Funding: $10,000,000
  • Funding rounds: 2
  • Number of investors: 4 (Seventure Partners, Element Ventures, GPS Ventures GmbH, MBMV)

You can find their website here.

45) Descartes Underwriting

Descartes Underwriting

Descartes Underwriting is a data-driven risk transfer organization that specializes in climate risk modeling.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Puteaux
  • Started in: 2019
  • Founders: Sebastien Piguet, Tanguy Touffut
  • Number of employees: 11-50
  • Funding: $20,773,212
  • Funding rounds: 2
  • Number of investors: 3 (Cathay Innovation, Serena, BlackFin Capital Partners)

You can find their website here.

46) TontineTrust

TontineTrust

TontineTrust is a Fintech that enables Governments, Partner Institutions, and Individuals to transition to the new generation of OECD-approved RoboPensions.

Details of the startup:

  • Country: Ireland
  • State: Dublin
  • City: Dublin
  • Started in: 2018
  • Founders: Dean McClelland
  • Number of employees: 11-50
  • Funding: € 1,000,000
  • Funding rounds: 2
  • Number of investors: 1 (Stacks)

You can find their website here.

47) SingularCover

SingularCover

Singular Cover is a one-of-a-kind online insurance for small businesses. In just a few clicks, you can understand and buy.

Details of the startup:

  • Country: Spain
  • State: Catalonia
  • City: Barcelona
  • Started in: 2018
  • Founders: Christian Hoffmann, Rafael Gonzalez-Montejano
  • Number of employees: 11-50
  • Funding: € 6,425,000
  • Funding rounds: 3
  • Number of investors: 5 (Global Founders Capital, Antai Venture Builder, ENISA, Liberty Mutual Strategic Ventures, Mutua Madrileña)

You can find their website here.

48) Tillit Forsikring

Tillit Forsikring

On your phone, you can easily and affordably insure all of your belongings.

Details of the startup:

  • Country: Norway
  • State: Oslo
  • City: Oslo
  • Started in: 2017
  • Founders: Elias Ottosen, Erik Skaar
  • Number of employees: 1-10
  • Funding: NOK11,000,000
  • Funding rounds: 4
  • Number of investors: 2 (Schibsted Growth, TheFactory)

You can find their website here.

49) Daisee

Daisee

In the realms of vision and voice, Daisee bridges the gap between technical AI and commercial implementation.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2017
  • Founders: Richard Kimber
  • Number of employees: 11-50
  • Funding: A$8,800,000
  • Funding rounds: 1
  • Number of investors: 1 (Alium Capital)

You can find their website here.

50) Digit Insurance

Digit Insurance

Digit Insurance is a financial services firm that specializes in general insurance.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2016
  • Founders: Kamesh Goyal, Philip Varghese, Sriram Shankar, Vijay Kumar
  • Number of employees: 1001-5000
  • Funding: $244,460,150
  • Funding rounds: 5
  • Number of investors: 4 (Fairfax Financial Holdings, A91 Partners, TVS Capital Funds, Faering Capital)

You can find their website here.

51) Turtlemint

Turtlemint

Turtlemint is an insurtech platform that helps people find and buy the right insurance products.

Details of the startup:

  • Country: India
  • State: Maharashtra
  • City: Mumbai
  • Started in: 2015
  • Founders: Anand Prabhudesai, Dhirendra Mahyavanshi, Kunal Shah
  • Number of employees: 251-500
  • Funding: $77,000,000
  • Funding rounds: 5
  • Number of investors: 10 (Sequoia Capital India, GGV Capital, Nexus Venture Partners, Blume Ventures, Jungle Ventures)

You can find their website here.

52) BimaPe

BimaPe

For individuals and families across India, BimaPe demystifies insurance and its management. 'BimaPe Bharosa Karo' means 'BimaPe Bharosa Karo.'

Details of the startup:

  • Country: India
  • State: Maharashtra
  • City: Mumbai
  • Started in: 2020
  • Founders: Rahul Mathur
  • Number of employees: 1-10
  • Funding: $545,000
  • Funding rounds: 2
  • Number of investors: 5 (Y Combinator, Titan Capital, Lightspeed India Partners, Gemba Capital, iSeed)

You can find their website here.

53) Coverfox Insurance

Coverfox Insurance

Coverfox Insurance is an insurtech company that offers simple online insurance brokerage services.

Details of the startup:

  • Country: India
  • State: Maharashtra
  • City: Mumbai
  • Started in: 2013
  • Founders: Devendra Rane, Varun Dua
  • Number of employees: 501-1000
  • Funding: $51,250,370
  • Funding rounds: 6
  • Number of investors: 13 (International Finance Corporation, Accel, InnoVen Capital, SAIF Partners, IFC)

You can find their website here.

54) Artivatic.ai

Artivatic.ai

Artivatic's patent-pending technology helps insurance companies tackle problems like onboarding, fraud, risk profiling, underwriting, and claims.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2018
  • Founders: Layak Singh
  • Number of employees: 51-100
  • Funding: $1,153,010
  • Funding rounds: 6
  • Number of investors: 8 (Indian Angel Network, Scale Ventures, SenseAI Ventures, Spark10 Accelerator, KFintech)

You can find their website here.

55) Riskcovry

Riskcovry

Riskcovry is a "Insurance-in-a-Box" approach that provides a one-stop-shop platform to meet the digital insurance needs of any organization.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2018
  • Number of employees: 11-50
  • Funding: $5,029,127
  • Funding rounds: 2
  • Number of investors: 6 (Better Capital, Omidyar Network India, Pentathlon Ventures, Bharat Inclusion Seed Fund, Varanium Capital Advisors)

You can find their website here.

56) Toffee Insurance

Toffee Insurance

Toffee Insurance is a one-stop shop for all of your insurance needs.

Details of the startup:

  • Country: India
  • State: Haryana
  • City: Gurgaon
  • Started in: 2017
  • Founders: Nishant Jain, Rohan Kumar
  • Number of employees: 51-100
  • Funding: $7,100,000
  • Funding rounds: 4
  • Number of investors: 6 (Flourish Ventures, Kalaari Capital, Omidyar Network, Accion Venture Lab, Vivek Gujral)

You can find their website here.

57) Leapstack

Leapstack

Leapstack is a healthcare-focused insurtech firm that specializes in big data artificial intelligence technologies.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2016
  • Founders: Gejie Liu, Zhiyang Guo
  • Number of employees: 51-100
  • Funding: $14,531,082
  • Funding rounds: 3
  • Number of investors: 9 (DCM Ventures, FinVolution Group, DHVC, UpHonest Capital, Gaorong Capital)

You can find their website here.

58) Suning Finance

Suning Finance

Suning Commerce Group Co., Ltd.'s financial services division is a subsidiary of the Chinese electronics retailer Suning Commerce Group Co., Ltd.

Details of the startup:

  • Country: China
  • State: Henan
  • City: Xuanwu
  • Started in: 2015
  • Number of employees: 51-100
  • Funding: CN¥12,305,000,000
  • Funding rounds: 3
  • Number of investors: 8 (Shenzhen Capital Group, GP Capital, YF Capital, BNP Paribas Private Equity, Bank of Nanjing)

You can find their website here.

59) Bright Health

Bright Health

Bright Health is working on a health insurance platform that will provide a high-quality healthcare experience.

Details of the startup:

  • Country: United States
  • State: Minnesota
  • City: Minneapolis
  • Started in: 2015
  • Founders: Kyle Rolfing, Robert John Sheehy, Tom Valdivia
  • Number of employees: 501-1000
  • Funding: $1,575,000,000
  • Funding rounds: 5
  • Number of investors: 17 (Bessemer Venture Partners, New Enterprise Associates, Tiger Global Management, T. Rowe Price, Redpoint)

You can find their website here.

60) Kin Insurance

Kin Insurance

Kin Insurance is an insurtech firm that specializes in providing customized house insurance policies.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2016
  • Founders: Lucas Ward, Sean Harper, Sebastian Villarreal, Stephen Wooten
  • Number of employees: 101-250
  • Funding: $156,164,957
  • Funding rounds: 7
  • Number of investors: 33 (QED Investors, 500 Startups, Flourish Ventures, Commerce Ventures, August Capital)

You can find their website here.

61) Corvus Insurance

Corvus Insurance

Corvus Insurance is a commercial insurance company that uses artificial intelligence to help brokers and clients predict and avoid risk.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Boston
  • Started in: 2017
  • Founders: James McElhiney, Mike Lloyd, Philip Edmundson
  • Number of employees: 101-250
  • Funding: $160,800,033
  • Funding rounds: 5
  • Number of investors: 9 (Bain Capital Ventures, Insight Partners, Obvious Ventures, .406 Ventures, Telstra Ventures)

You can find their website here.

62) Branch Insurance

Branch Insurance

Branch Insurance is the only business that can combine home and auto insurance in a single transaction.

Details of the startup:

  • Country: United States
  • State: Ohio
  • City: Columbus
  • Started in: 2017
  • Founders: Joe Emison, Steve Lekas
  • Number of employees: 51-100
  • Funding: $82,500,000
  • Funding rounds: 4
  • Number of investors: 13 (Foundation Capital, SignalFire, Anthemis Group, Greycroft, Revolution’s Rise of the Rest Seed Fund)

You can find their website here.

63) Clearcover

Clearcover

Clearcover is a digital vehicle insurance company that offers coverage at a lower cost.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2016
  • Founders: Derek Brigham, Kyle Nakatsuji
  • Number of employees: 101-250
  • Funding: $304,500,000
  • Funding rounds: 4
  • Number of investors: 11 (500 Startups, OMERS Ventures, Cox Enterprises, Silicon Valley Bank, Greycroft)

You can find their website here.

64) Salty.

Salty.

Salty Dot, Inc. is a technological business that specializes in Embedded Insurance®.

Details of the startup:

  • Country: United States
  • State: Utah
  • City: Salt Lake City
  • Started in: 2019
  • Founders: James Hall, Mona Eliassen
  • Number of employees: 11-50
  • Funding: $34,661,854
  • Funding rounds: 3
  • Number of investors: 3 (Human Capital, Elefund, Fremont Group)

You can find their website here.

65) Snapsheet

Snapsheet

Snapsheet's cloud-native claims management software and tech-enabled evaluation services provide exceptional claims experiences.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2011
  • Founders: Brad Weisberg, CJ Przybyl
  • Number of employees: 251-500
  • Funding: $100,384,818
  • Funding rounds: 6
  • Number of investors: 20 (500 Startups, Sedgwick Claims Management Services, Commerce Ventures, F-Prime Capital, Montage Ventures)

You can find their website here.

66) Sidecar Health

Sidecar Health

Sidecar Health is an insurtech firm that offers a customizable health insurance platform.

Details of the startup:

  • Country: United States
  • State: California
  • City: El Segundo
  • Started in: 2018
  • Founders: Patrick Quigley, Veronica Osetinsky
  • Number of employees: 51-100
  • Funding: $163,000,000
  • Funding rounds: 3
  • Number of investors: 11 (Menlo Ventures, Tiger Global Management, Cathay Innovation, Drive Capital, GreatPoint Ventures)

You can find their website here.

67) Bestow

Bestow

Bestow is an insurance technology firm that provides families with affordable term life insurance.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Dallas
  • Started in: 2016
  • Founders: Jonathan Abelmann, Melbourne O'Banion
  • Number of employees: 101-250
  • Funding: $137,500,000
  • Funding rounds: 4
  • Number of investors: 8 (New Enterprise Associates, 8VC, Abstract Ventures, Valar Ventures, Breyer Capital)

You can find their website here.

68) Bold Penguin

Bold Penguin

Bold Penguin is a commercial insurance exchange that connects clients, agents, and carriers to find the best rate in the shortest amount of time possible.

Details of the startup:

  • Country: United States
  • State: Ohio
  • City: Columbus
  • Started in: 2016
  • Founders: Ilya Bodner
  • Number of employees: 101-250
  • Funding: $50,500,000
  • Funding rounds: 5
  • Number of investors: 7 (American Family Ventures, MTech Capital, Hudson Structured Capital Management, Stone Point Capital, Guggenheim Partners)

You can find their website here.

69) Pie Insurance

Pie Insurance

Pie Insurance is an insurtech that provides small businesses with workers' compensation insurance.

Details of the startup:

  • Country: United States
  • State: District of Columbia
  • City: Washington D.C.
  • Started in: 2017
  • Founders: Dax Craig, John Swigart
  • Number of employees: 251-500
  • Funding: $306,000,000
  • Funding rounds: 5
  • Number of investors: 12 (Gaingels, SVB Capital, Acrew Capital, Greycroft, Sirius International Insurance)

You can find their website here.

70) Mile Auto

Mile Auto

Mile Auto is an automobile insurance firm that offers a pay-per-mile service that saves money for low-mileage customers.

Details of the startup:

  • Country: United States
  • State: Georgia
  • City: Atlanta
  • Started in: 2017
  • Founders: Fred Blumer, Jim Cook, Joe Fuller, Scott Nelson
  • Number of employees: 1-10
  • Funding: $12,750,000
  • Funding rounds: 4
  • Number of investors: 8 (Ulu Ventures, Emergent Ventures, Florida Funders, Sure Ventures, JUMP Investors)

You can find their website here.

71) Obie

Obie

Obie is an insurtech business that provides real estate investors with insurance and risk management.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2017
  • Founders: Aaron Letzeiser, Ryan Letzeiser
  • Number of employees: 11-50
  • Funding: $13,650,000
  • Funding rounds: 4
  • Number of investors: 11 (FundersClub, Battery Ventures, Y Combinator, Soma Capital, Liquid 2 Ventures)

You can find their website here.

72) LeaseLock

LeaseLock

LeaseLock is a security deposit-free insurance technology firm that uses artificial intelligence.

Details of the startup:

  • Country: United States
  • State: California
  • City: Marina Del Rey
  • Started in: 2013
  • Founders: Derek Merrill, Reichen Kuhl
  • Number of employees: 101-250
  • Funding: $63,500,000
  • Funding rounds: 6
  • Number of investors: 20 (500 Startups, Gaingels, Tech Coast Angels, Clocktower Technology Ventures, Softbank Ventures Asia)

You can find their website here.

73) Episode Six

Episode Six

Episode Six includes a flexible ledger and payment mechanism. Over 550 APIs provide easy access to financial technology.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Austin
  • Started in: 2015
  • Founders: Chermaine Hu, Futeh Kao, John Mitchell
  • Number of employees: 51-100
  • Funding: $40,000,000
  • Funding rounds: 3
  • Number of investors: 4 (HSBC, Mastercard, SBI Investment, Anthos Capital)

You can find their website here.

74) Ethos

Ethos

Ethos Life is a life insurance company that offers modern and ethical policies to protect people's lives.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2016
  • Founders: Lingke Wang, Peter Colis
  • Number of employees: 101-250
  • Funding: $306,500,000
  • Funding rounds: 6
  • Number of investors: 15 (Goldman Sachs, General Catalyst, Sequoia Capital, GV, Accel)

You can find their website here.

75) Cowbell Cyber

Cowbell Cyber

Cowbell Cyber offers continuous risk assessment and cyber insurance powered by AI.

Details of the startup:

  • Country: United States
  • State: California
  • City: Pleasanton
  • Started in: 2019
  • Founders: Jack Kudale, Prab Reddy, Rajeev Gupta, Trent Cooksley
  • Number of employees: 51-100
  • Funding: $23,600,000
  • Funding rounds: 2
  • Number of investors: 8 (Holmes Murphy & Associates, Avanta Ventures, Brewer Lane Ventures, Markel Corporation, ManchesterStory Group)

You can find their website here.

76) Jerry

Jerry

Jerry is a car ownership super app driven by AI, machine learning, and bots that puts answers at your fingertips and savings in your wallet.

Details of the startup:

  • Country: United States
  • State: California
  • City: Palo Alto
  • Started in: 2017
  • Founders: Art Agrawal, Lina Zhang, Musawir Shah
  • Number of employees: 101-250
  • Funding: $28,000,000
  • Funding rounds: 3
  • Number of investors: 36 (FundersClub, SV Angel, Goodwater Capital, Y Combinator, Liquid 2 Ventures)

You can find their website here.

77) Hippo Insurance

Hippo Insurance

Hippo Insurance is an InsurTech firm that employs technology to assist homeowners with property maintenance.

Details of the startup:

  • Country: United States
  • State: California
  • City: Palo Alto
  • Started in: 2015
  • Founders: Assaf Wand, Eyal Navon
  • Number of employees: 251-500
  • Funding: $709,000,000
  • Funding rounds: 8
  • Number of investors: 33 (GGV Capital, Ribbit Capital, Felicis Ventures, ICONIQ Capital, Lennar Corporation)

You can find their website here.

78) Super

Super

Super is an insurtech startup that provides a home care and repair subscription service.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2015
  • Founders: Bill Davis, Jorey Ramer, Ryan Donnelly
  • Number of employees: 51-100
  • Funding: $79,600,000
  • Funding rounds: 4
  • Number of investors: 25 (General Catalyst, Lux Capital, Gaingels, 8VC, Second Century Ventures)

You can find their website here.

79) Doma

Doma

Doma is an insurtech platform that employs artificial intelligence to make residential real estate transactions more efficient.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2016
  • Founders: Daniel Demetri, Max Simkoff
  • Number of employees: 251-500
  • Funding: $379,615,152
  • Funding rounds: 7
  • Number of investors: 15 (Foundation Capital, Greenspring Associates, Lennar Corporation, Fifth Wall, Horizons Ventures)

You can find their website here.

80) Next Insurance

Next Insurance

Next Insurance is a small business and entrepreneur insurance firm that operates online.

Details of the startup:

  • Country: United States
  • State: California
  • City: Palo Alto
  • Started in: 2016
  • Founders: Alon Huri, Guy Goldstein, Nissim Tapiro
  • Number of employees: 251-500
  • Funding: $881,000,000
  • Funding rounds: 6
  • Number of investors: 16 (Battery Ventures, Ribbit Capital, Redpoint, G Squared, Global Founders Capital)

You can find their website here.

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