PriyaPatel
TLDR:
Brief summary of key points:
- 50 funding events in the insurtech sector in March 2024
- Focus on venture-capital financing in the insurtech and property & casualty sectors
Top Insurtech Funding Rounds, March 2024
Between March 1 and March 31, 2024, there were approximately 50 funding events in the insurtech sector, with a focus on venture-capital financing in the insurtech and property & casualty sectors. The following are some key funding rounds from March:
Coterie Insurance
Received $27 million in venture funding on March 19. Coterie is focused on streamlining the buying and selling of small business insurance.
Vouch
Secured $25 million in Series C funding on March 11. Vouch is a business insurance company aimed at technology startups.
Oka, The Carbon Insurance Company
Raised $10 million in seed funding on March 28. Oka provides insurance solutions for the carbon credit market.
X Squared
Received $5,465,474 in venture funding on March 25. X Squared is a software provider for insurance restoration contractors.
Sertis
Secured $3,200,000 in seed funding on March 26. Sertis is an insurer of professionally managed multifamily property portfolios.
Amber Technologies
Raised $3,180,000 in seed funding on March 20. Amber Technologies provides insurance and repair services for EV vehicles.
DigsFact
Received $1,000,000 in seed funding on March 8. DigsFact focuses on remote evaluation of property claims and AI damage prevention.
These funding rounds reflect the ongoing innovation and growth in the insurtech sector, with companies focused on various aspects of insurance and technology receiving significant investments.
