69 Best Insurance Technology Startups to Watch in 2024

Stripe is a financial technology company providing software that allows businesses and individuals to make and receive online payments.

Total Raised: $1590.00M

Last Funding: $600.00M (Unknown)

Akur8 is an insurance company offering multiple coverages, including life, health, P&C, and home insurance.

Total Raised: $161.32M

Last Funding: $120.00M (Series C)

Slingshot Aerospace provides satellite tracking, space traffic coordination, and space modeling and simulation solutions to government and commercial customers around the world.

Total Raised: $59.75M

Last Funding: $30.00M (Debt Financing)

Korint is a digital contract management platform for insurance companies founded in 2024 by Jean Baptiste.

Total Raised: $5.60M

Last Funding: $5.60M (Series A)

Qantev is an AI-powered medical claims analysis platform founded in 2018 by Hadrien De March.

Total Raised: $44.50M

Last Funding: $32.80M (Series B)

Hometree is a residential energy services provider founded in 2015 by Simon Phelan .

Total Raised: $74.10M

Last Funding: $65.00M (Debt Financing)

INARI provides technology software for insurers, reinsurers, MGAs and Lloyd's syndicates on a cloud-based blockchain platform.

Total Raised: $94.20M

Last Funding: $5.20M (Seed)

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

Total Raised: $923.95M

Last Funding: $55.00M (Series D)

AI-driven decision intelligence platform for supply chain industry.

Total Raised: $22.83M

Last Funding: $9.00M (Series A)

Neat is a provider of embedded insurance solutions founded in 2022 by Maximilien Dauzet.

Total Raised: $55.00M

Last Funding: $55.00M (Series C)

Digital insurance platform for commercial and ride-share drivers, owners, and fleets.

Total Raised: $26.00M

Last Funding: $19.00M (Series B)

Korint is a digital contract management platform for insurance companies founded in 2024 by Jean Baptiste.

Total Raised: $5.60M

Last Funding: $5.60M (Series A)

Stoik is a cyber insurance platform provider for SMEs founded in 2021 by Jules Veyrat, Nicolas Sayer and Philippe Mangematin.

Total Raised: $42.30M

Last Funding: $11.00M (Series B)

Distribution platforms for insurance and wealth management companies.

Total Raised: $28.40M

Last Funding: $28.40M (Series B)

MGT is ushering in the next evolution of commercial insurance and working to move the industry forward through the use of modern technology, better processes, and a rock-star team. We address common insurance pain points while honoring the knowledge, history, and innovation that are the hallmarks of the industry today.

Total Raised: $20.00M

Last Funding: $20.00M (Unknown)

Native is a crypto insurance broker founded in 2024 by Ben Davis.

Total Raised: $2.60M

Last Funding: $2.60M (Seed)

Technology is disrupting the insurance industry and agencies need to take the initiative if they want to remain competitive in the upcoming disruption. COVU takes a holistic approach to ensure that the agency thrives by delivering a great customer experience through a combination of technology, real-time service, and sales support.

Total Raised: $12.50M

Last Funding: $12.50M (Series A)

Flock is a real-time messaging and collaboration app for team communication.

Total Raised: $37.89M

Last Funding: $37.89M (Series B)

Zego is a London-based, on-demand insurance platform providing a range of commercial insurance options for vehicle owners.

Total Raised: $272.00M

Last Funding: $80.00M (Unknown)

ClaimSorted is an insurance claims processing platform founded in 2024 by Pavel Gertsberg.

Total Raised: $3.00M

Last Funding: $3.00M (Pre Seed)

A company developing a distribution and underwriting platform for the insurance industry.

Total Raised: $72.08M

Last Funding: $45.00M (Series B)

Friss is a company that develops fraud detection and risk assessment software for P&C Insurance companies.

Total Raised: $65.00M

Last Funding: $0.00M (Unknown)

Akur8 is an insurance company offering multiple coverages, including life, health, P&C, and home insurance.

Total Raised: $41.32M

Last Funding: $30.00M (Series B)

claimsforce is a B2B InsurTech in the field of claims management.

Total Raised: $8.30M

Last Funding: $8.30M (Series A)

Employee benefits platform that provides a comprehensive solution in one place.

Total Raised: $18.42M

Last Funding: $16.00M (Series A)

B2B premium payment processing platform for insurance companies.

Total Raised: $1.80M

Last Funding: $1.80M (Seed)

The Illinois Credit Union League is the primary trade association for credit unions in Illinois and provides its members with compliance and other pertinent operating information, legislative advocacy, and educational development opportunities.

Total Raised: $0.50M

Last Funding: $0.50M (Unknown)

Nexus Mutual is a decentralized insurance protocol built on Ethereum that allows members to join and share risk.

Total Raised: $2.70M

Last Funding: $2.70M (Seed)

With asistensi, migrants will be protected against the financial setbacks of health emergencies in their families back home while becoming the heroes that take care of the theyllness of their loved ones.

Total Raised: $14.50M

Last Funding: $11.00M (Series A)

RegTech platform that helps organizations manage compliance and regulatory documents.

Total Raised: $10.80M

Last Funding: $10.80M (Series B)

Multis is a company that has created a cryptocurrency bank for companies. It was founded in 2018 and is located in San Francisco, California.

Total Raised: $2.33M

Last Funding: $2.20M (Unknown)

JustInCase is a Tokyo-based insurance technology company develop peer-to-peer insurance and artificial intelligent-based health insurance products.

Total Raised: $1.65M

Last Funding: $1.65M (Unknown)

Platform providing easy access to insurance by merging traditional insurance with digital business.

Total Raised: $18.23M

Last Funding: $18.23M (Unknown)

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

An insurance technology company utilizing technology, design and data to humanize health care. and offer health insurance.

Bright Health is a Minneapolis-based provider of individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee.

Kanopi is a data-driven insurtech that connects insurers and digital platforms so they can provide the right insurance to their customers. 

Risk Harbor is a risk management marketplace for decentralized finance (DeFi) that utilizes a completely automated, transparent, and impartial invariant detection mechanism to secure liquidity providers and stakers against smart contract risks, hacks, and attacks.

CoverFox is a Mumbai-based insurance technology company offering an online platform for managing insurance policies.

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

A technology company offering a platform for payroll, benefits, human resources, and compliance.

A company creating software for the property and casualty insurance industries.

Atidot develops software for life insurers using big data and predictive machine learning technology.

A company developing artificially intelligent software for the insurance industry.

Root Insurance is an insurance technology company offering car insurance founded in 2002.

uqudo is a company founded in 2018 by Mohamed Fagiri.

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

Life.io is a Princeton, New Jersey-based customer engagement and data analytics platform developer for the life and health insurance company.

WeTrust is a blockchain based platform for providing decentralized financial services.

Genpact is a Bermuda-based company founded in 1997 by Pramod Bhasin.

Koffie Labs is a Brooklyn-based company founded by Ian White.

SHERLOCK is a decentralized exploit protection.

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

OpenText is a software company offering an enterprise information management platform.

Concirrus take a fresh approach to solving the challenges faced by the insurance industry.

Bestow is a Dallas-based company founded in 2016 by Jonathan Abelmann.

Lufax is a Shanghai-based online marketplace for the origination and trading of financial assets.

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

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

BeatO App empoTheyrs you to manage diabetes through your smartphone.

Hippo is a California-based home insurance company.

Clearcover is a smarter car insurance choice. We deliver the right coverage, when it matters, so you can pay less. Clearcover saves you money by applying advanced technology and only talking to you about insurance in moments that matter - like when you're buying a car, shopping for better insurance rates or managing your finances. With Clearcover, you get the same great coverage as Big Insurance, for up to 40% less per month. Follow along with our progress on Medium: https://medium.com/@ClearcoverInc or on Twitter @Clearcover

Vouch is an insurance company for startups.

A company offering a platform for comparing financial and insurances services offered in Latin America.

Ethos Life is a modern insurance company that provides ethical life insurance.

We believe that for Insurance and Banking Institutions, personalization is key to increased customer satisfaction and loyalty as well as to improved business results. Recognizing the complexities of financial products, Earnix provides an end-to-end Pricing and Product Personalization Software Suite, driven by world-class data science, analytical modeling tools, and integrated machine learning. The Earnix 3D Personalization Suite empowers Financial Institutions to offer the RIGHT PRODUCT, at the RIGHT PRICE, at the RIGHT TIME, WHILE MAXIMIZING BUSINESS KPIs, ensuring governance & compliance, and improving the enterprise-wide end-to-end product personalization and pricing process. Earnix has been consistently innovating for Banks and Insurers around the globe for over 18 years. We have offices in the Americas, Europe, Asia Pacific, and Israel. For more information visit www.earnix.com

Relay is a trusted partner for K-12 school districts, offering streamlined Medicaid claiming solutions to increase reimbursements, reduce administrative burden, and ensure compliance with student privacy regulations.

CoverGo is a company founded in 2016 by Tomas Holub.

Socotra is a technology platform that builds cloud-based platforms for technology-driven insurers.