69 Best Commercial Insurance Startups to Watch in 2025

The Definitive Seedtable Ranking of Commercial Insurance Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 1,172 start-ups with an aggregate funding of $17.6b. The average funding per company in this subset is $255.3m.

Last update to the database: Feb 18, 2025. See changelog.

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11

Funding Rounds

$112.6m

Money raised

Bit2Me is a cryptocurrency trading platform founded in 2014 by Leif Ferreira.

4

Funding Rounds

$583.6m

Money raised

TriNet Zenefits is a software as a service (SaaS) company providing a digital human resources platform for small- and medium-sized enterprises (SMEs).

8

Funding Rounds

$1.2b

Money raised

CoinDCX is a blockchain company founded in 2017 by Sumit Gupta. CoinDCX is India’s largest and safest cryptocurrency exchange.

Location:

Key people:

10

Funding Rounds

$1.0b

Money raised

DataRobot sells a machine learning platform that helps users build and deploy accurate predictive models. The Boston-based company was founded in 2012 by Jeremy Achin.

6

Funding Rounds

$898.4m

Money raised

Wise, previously TransferWise, is a company that offers money transfers services founded by Kristo Käärmann and Taavet Hinrikus.

8

Funding Rounds

$1.4b

Money raised

wefox is a digital insurance provider and platform that was founded in 2015.

5

Funding Rounds

$365.2m

Money raised

Unqork is a software company that offers a no-code, software as a service (SaaS) development platform for creating and managing enterprise applications for companies providing insurance and financial services.

7

Funding Rounds

$617.0m

Money raised

Lemonade is an insurance technology company using artificial intelligence and behavioral economics to offer home and renters insurance.

4

Funding Rounds

$140.0m

Money raised

CyberCube Analytics delivers a cyber risk analytics platform that is specifically designed for the insurance industry.

Location:

Key people:

2

Funding Rounds

$12.2m

Money raised

Haptik is a company developing conversational AI for customer experience.

Key people:

9

Funding Rounds

$96.3m

Money raised

Qover designs, builds, and distributes digital insurance solutions for fast-growing companies across Europe.

3

Funding Rounds

$13.5m

Money raised

Binah.ai is a company that provides artificial intelligence-powered, video-based health and wellness monitoring.

Location:

Key people:

10

Funding Rounds

$568.0m

Money raised

An insurance technology company offering artificially intelligent software for insurance fraud detection and claims handling.

Location:

Key people:

9

Funding Rounds

$781.9m

Money raised

Webflow is a company providing a design and hosting platform for users to create websites.

Location:

Key people:

2

Funding Rounds

$13.9m

Money raised

Urban Sky is a stratospheric technology and remote sensing company developing the Microbaloon, a high-altitude, zero-emission, reusable stratospheric balloon for aerial imaging.

Location:

Key people:

4

Funding Rounds

$118.2m

Money raised

Railsr, formerly Railsbank, is a London-based open-API banking and compliance platform that gives regulated and un-regulated companies access to global bankings.

2

Funding Rounds

$78.0m

Money raised

Trupanion is a Seattle-based provider of pet insurance for cats and dogs in the United States, Canada, Europe, Australia, and Puerto Rico.

6

Funding Rounds

$714.0m

Money raised

An insurance technology offering a platform for companies to manage health insurance policies for their employees.

7

Funding Rounds

$121.8m

Money raised

Artificial intelligence to help perform visual tasks with more speed, accuracy, and scale

2

Funding Rounds

$26.3m

Money raised

An insurance company using analytics and technology to offer insurance premiums to small businesses.

Location:

Key people:

9

Funding Rounds

$87.8m

Money raised

Everledger is a supply chain and asset tracking company using blockchain to store records of valuable assets like diamonds.

Location:

Key people:

20

Funding Rounds

$1.6b

Money raised

Alan is a digital health insurance provider for companies and freelancers.

13

Funding Rounds

$72.6m

Money raised

Accern is a data design company automating research and data analysis using artificial intelligence.

Location:

Key people:

4

Funding Rounds

$89.0m

Money raised

Fabric Insurance is a Brooklyn-based digital insurance broker.

Location:

Key people:

3

Funding Rounds

$58.0m

Money raised

Arturo.ai is a Chicago-based insurance technology and artificial intelligence company.

9

Funding Rounds

$407.9m

Money raised

Kin Insurance is an insurance technology company offering home insurance founded in 2016.

9

Funding Rounds

$251.6m

Money raised

Sure is an insurance technology company that powers digital insurance programs.

Key people:

4

Funding Rounds

$48.0m

Money raised

Hearsay Systems (formerly Hearsay Social) is a software-as-a-service (SaaS) digital marketing platform for financial services that uses predictive analytics to help financial advisors automate marketing tasks.

Key people:

3

Funding Rounds

$2.9m

Money raised

Artificial Intelligence company using Augmented Reality for collaborative professional services

Key people:

4

Funding Rounds

$167.0m

Money raised

League is a digital health benefits provider.

1

Funding Rounds

$102.0m

Money raised

MarkLogic is an American software company developing and providing an enterprise NoSQL database.

4

Funding Rounds

$105.7m

Money raised

SafeGraph is a data company offering a platform for organizing points of interests (POIs) relevant to businesses. It was founded in 2016 and is located in San Francisco, California.

6

Funding Rounds

$160.0m

Money raised

Qualia is a technology platform for the closing process in the purchase and sale of homes.

4

Funding Rounds

$23.0m

Money raised

Omniscience is an artificial intelligence company providing automated underwriting and risk intelligence services for the insurance industry.

Key people:

4

Funding Rounds

$18.7m

Money raised

Artificial Labs is the developer of a digital platform leveraging machine learning and APIs for insurers.

9

Funding Rounds

$973.2m

Money raised

Thumbtack is a company operating an online platform for finding and hiring workers for particular tasks.

Location:

Key people:

8

Funding Rounds

$40.0m

Money raised

Verse is a Barcelona-based payments platform.

Location:

Key people:

4

Funding Rounds

$20.1m

Money raised

Call analytics platform that uses artificial intelligence to transcribe and analyze sales calls, providing enterprises with actionable feedback to improve the performance of their sales teams.

6

Funding Rounds

$238.9m

Money raised

HyperScience is a AI enabled company for office work company founded in 2014 by Peter Brodsky, Krasimir Marinov and Vladimir Tzankov.

4

Funding Rounds

$270.0m

Money raised

ICEYE provides commercial access to Earth observation data. The ICEYE SAR Satellite Constellation captures images of any location on Earth every three hours, day and night, regardless of cloud cover.

Location:

Key people:

5

Funding Rounds

$385.5m

Money raised

An insurance technology company offering automobile insurance at a base rate combined with payments for miles driven.

Key people:

11

Funding Rounds

$29.6m

Money raised

A company that provides a data platform for buildings and properties.

Location:

Key people:

5

Funding Rounds

$177.0m

Money raised

Capella Space is building a commercial radar satellite constellation. Its headquarters are located in San Francisco, California and it was founded in 2011.

Key people:

9

Funding Rounds

$646.6m

Money raised

Machine learning platform for data scientists and engineers to help create enterprise AI.

Location:

Key people:

3

Funding Rounds

$5.3m

Money raised

An insurance technology company offering a platform for healthcare organizations to access health insurance data to improve their ability to bring new products and services to market.

3

Funding Rounds

$175.0m

Money raised

Turtlemint is a Mumbai-based insurance technology company providing a platform to facilitate the process of buying and managing insurance policies.

Location:

Key people:

4

Funding Rounds

$57.2m

Money raised

An insurance technology company offering an on-demand insurance platform.

2

Funding Rounds

$40.5m

Money raised

An insurance technology company offering cloud-based enterprise software for underwriting and quoting employee benefits.

4

Funding Rounds

$70.0m

Money raised

Coterie is an API-based commercial business insurance provider that updates policy changes in real-time.

Location:

Key people:

5

Funding Rounds

$75.0m

Money raised

An information technology services company that uses geospatial imagery to create property intelligence for buildings within the United States. It is located in Mountain View, California and was founded in 2014.

4

Funding Rounds

$73.0m

Money raised

An insurance technology company offering a platform for insurance claims.

2

Funding Rounds

$39.1m

Money raised

Brightside is an employee benefits and financial wellness platform headquartered in San Francisco, California.

Key people:

7

Funding Rounds

$610.0m

Money raised

Newfront Insurance is a company that provides technologies that are designed to simplify brokerage processes

Key people:

2

Funding Rounds

$27.0m

Money raised

ContinUse Biometrics is a company developing patented nano-vibration detecting and analyzing sensors for biometric measurements.

4

Funding Rounds

$9.3m

Money raised

Agara (also known as Agara Labs) is a company which develops and deploys conversational AI agents to complete routine customer interactions. The company has offices in New York City and Bangalore.

2

Funding Rounds

$12.8m

Money raised

Developer of a healthcare platform designed to simplify personal health data. The company's platform captures data from clinical and remote-monitoring devices, sensors, fitness equipment, and patient-wellness applications, enabling users to access, manage and utilize device-generated data.

4

Funding Rounds

$211.6m

Money raised

A company offering a software platform for managing insurance.

3

Funding Rounds

$17.0m

Money raised

Boost Insurance is a New York-based insurance technology and infrastructure-as-a-service company founded in 2017.

Key people:

2

Funding Rounds

$2.9m

Money raised

Taloflow is an Amazon Web Services resource management tool leveraging AI for web developers.

9

Funding Rounds

$117.5m

Money raised

Cogito is an enterprise cloud computing and software development company making software to provide AI-driven coaching to phone professionals.

Location:

Key people:

6

Funding Rounds

$24.8m

Money raised

An insurance technology company offering a platform for cleaning relevant data for the insurance industry.

Key people:

2

Funding Rounds

$24.5m

Money raised

An insurance technology company offering a platform for employee benefits and insurance.

Key people:

3

Funding Rounds

$127.6m

Money raised

An insurance technology company offering a platform for comparing and purchasing automobile insurance.

3

Funding Rounds

$8.0m

Money raised

Bunker is a San Francisco-based small business insurtech company founded by Chad Nitschke.

4

Funding Rounds

$92.2m

Money raised

A cybersecurity company offering cybersecurity and security rating services.

Key people:

3

Funding Rounds

$66.9m

Money raised

An insurance technology company offering an automobile insurance consumer platform.

Location:

Key people:

3

Funding Rounds

$144.0m

Money raised

An insurance technology company offering a software platform for life insurance.

6

Funding Rounds

$144.3m

Money raised

An insurance technology company offering a platform for consumers to purchase and manage their healthcare expenses.

Key people:

7

Funding Rounds

$485.3m

Money raised

An insurance technology company helping people find pet insurance.

Key people:

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