# Where AI In Insurance Startups Are Based: 2026 Map of 44 Companies

> Map of where 44 AI in insurance startups worldwide are based, city by city: New York, San Francisco and London lead. $857M raised between them.

Source: https://millionrounds.com/geo-maps/where-ai-in-insurance-startups-are-based (Millionrounds; every figure on the page links to its filing or article)

Each circle is a city, sized by how many startups are based there. Countries are shaded by their count.

## Leading cities

- New York 6 $148M
- San Francisco 5 $202M
- London 5 $39M
- Paris 2 $22M
- Chicago 2 $15M
- Needham 1 $265M
- Appleton 1 $27M
- Gloucester 1 $22M
- Seattle 1 $17M
- Fort Worth 1 $8.2M
- San Diego 1 $7.2M
- Sao Paulo 1 $7.0M
- Nashville 1 $6.0M
- Milan 1 $5.9M
- Berlin 1 $3.7M

## By country

- United States 23 $713M
- United Kingdom 6 $61M
- France 3 $38M
- Germany 2 $20M
- India 2 $3.1M
- Spain 2 $1.7M
- Brazil 1 $7.0M
- Italy 1 $5.9M
- Mexico 1 $1.1M
- Uruguay 1 $1.0M
- Norway 1 $4.3M
- Canada 1 $1.7M

## Best-funded

- [**Ledgebrook** United States · $265M](https://millionrounds.com/company/ledgebrook)
- [**Federato** United States · $140M](https://millionrounds.com/company/federato)
- [**Kalepa** United States · $89M](https://millionrounds.com/company/kalepa)
- [**WithCoverage** United States · $42M](https://millionrounds.com/company/withcoverage)
- [**Embroker** United States · $28M](https://millionrounds.com/company/embroker)
- [**ZestyAI** United States · $28M](https://millionrounds.com/company/zestyai)
- [**Coterie Insurance** United States · $27M](https://millionrounds.com/company/coterie-insurance)
- [**QuanTemplate** United Kingdom · $22M](https://millionrounds.com/company/quantemplate)
- [**Concirrus** United Kingdom · $22M](https://millionrounds.com/company/concirrus)
- [**Lovys** France · $20M](https://millionrounds.com/company/lovys)
- [**RentSpree** United States · $17M](https://millionrounds.com/company/rentspree)
- [*C* **Coya** Germany · $16M](https://millionrounds.com/company/coya)

**How this map is made.** Every startup here has raised money in rounds we track. Each is placed at the city we hold for it, matched to that city's position in GeoNames (cities of 15,000 people or more; geonames.org, CC BY 4.0); startups without a city on record count in the totals but not on the map. Rebuilt nightly; updated 15 November 2026.

## More geo maps

[All geo maps](https://millionrounds.com/geo-maps)

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## Raising where these startups are?

Find the investors who back startups in these cities, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)