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 1) 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 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 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 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 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 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 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 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° 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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'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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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'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 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 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 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 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 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 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 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 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 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 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'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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 .