March 2024’s hottest insurtech funding rounds are here.

April 16, 2024
1 min read



Top Insurtech Funding Rounds, March 2024

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.


Latest from Blog

Your Daily InsurTech Briefing – 2024-05-24

Let’s see what’s in the news today. Briefing: Two Insurtech 50 firms collapse amid continued investor … ‘Investors are becoming more democratic in their funding allocations,’ says global head of insurtech Read

Clara Analytics broadens insurance lineup.

CLARA Analytics Article Summary TLDR: CLARA Analytics, a leading AI technology provider for insurance claims optimization, has appointed Wayne Chung as CTO and Mark Tainton as Chief Customer Officer. Chung brings cybersecurity

Your Daily InsurTech Briefing – 2024-05-23

Let’s see what’s in the news today. Earnix and Exavalu partner to revolutionise property & casualty insurance pricing Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial