April 2024’s insurtech funding highlights – stay in the loop!

May 14, 2024
1 min read

“`html





Top Insurtech Funding Rounds, April 2024

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.



“`

Latest from Blog

Your Daily InsurTech Briefing – 2024-05-21

Let’s see what’s in the news today. How to Deliver Intelligent Connected Insurance Experiences: 6 Success Stories Strong processes are at the heart of innovative and competitive insurance organizations. Making processes more

Discover the top 53 Insurtech companies for 2024.

TLDR: – Insurance industry is complicated and needs a makeover – Insurtech companies blend insurance knowledge with technology like AI and data science In a world full of uncertainty, protecting assets and

Your Daily InsurTech Briefing – 2024-05-20

Let’s see what’s in the news today. Shallow, deepfakes could impact insurance claims Are deepfakes threatening the insurance industry? Some experts suggest a second layer of verification may be needed to combat

Faye: A passport essential for Americans.

TLDR: Faye is disrupting the American travel insurance market Most Americans only realized the need for travel insurance following the COVID-19 pandemic Insurtech company Faye is making waves in the American travel