PriyaPatel
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TLDR:
- 39 funding events in the insurtech sector in April 2024
- Key funding events include Arbol, Rainwalk Technology, and Powerbroker AI
This article highlights key insurtech funding rounds in April 2024, focusing on companies in the insurtech and property & casualty sectors that received venture-capital financing. The top funding rounds include Arbol, Rainwalk Technology, and Powerbroker AI.
Top Insurtech Funding Rounds, April 2024
There were about 39 funding events in the insurtech sector between April 1 and April 30, 2024. This article focuses on key funding rounds, including:
- Arbol: Raised $60,000,000 in Series B funding. It is an insurance marketplace for climate risk.
- Rainwalk Technology: Secured $4,000,000 in Seed funding. It is a pet insurance managing general agent.
- Powerbroker AI: Obtained $1,500,000 in Pre-Seed funding. It is an AI insurance specialist for P&C agencies.
These funding rounds highlight the growing importance of insurtech companies in addressing various sectors of the insurance industry, including climate risk, pet insurance, and AI automation for agencies.
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