# Incubators and accelerators backing Insurtech (2026 list)

> 14 incubators and accelerators backing Insurtech, 93% active in the last 12 months. Led by Y Combinator, Plug and Play, Creative Destruction Lab.

Source: https://millionrounds.com/lists/incubators-accelerators-insurtech (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Incubators and accelerators backing Insurtech

Updated 7 November 2026

Incubators and accelerators we have observed in an insurtech round in the last two years.

[See all 14 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-insurtech)The top 14

**14** investors on the list No change this week

**1,376** cheques in 12 months *-15%* against the market

**$5.1M** median round they joined *-37%* against the market median

**93%** wrote a cheque in 12 months

**50%** have led a round

## The Top 14

Ordered by cheques observed, never by anything anyone paid for

Deploying now (13)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 3 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen
- 4 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen
- 5 [South Park Commons](https://millionrounds.com/fund/south-park-commons) *Deploying now* Accelerator · United States **153** **$7.8M** median round **Nov 2026** last seen
- 6 [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) *Deploying now* Accelerator · United States **124** **$20M** median round **Nov 2026** last seen
- 7 [Surge](https://millionrounds.com/fund/peak-xv-partners) *Deploying now* Accelerator · Singapore **91** **$5.1M** median round **Sept 2026** last seen
- 8 [Seedstars](https://millionrounds.com/fund/seedstars) *Deploying now* Accelerator · Switzerland **88** **$1.1M** median round **Oct 2026** last seen
- 9 [Wilco](https://millionrounds.com/fund/wilco) *Deploying now* Accelerator · France **88** **$3.5M** median round **Jul 2026** last seen
- 10 [Startuplab](https://millionrounds.com/fund/startuplab) *Deploying now* Accelerator · Norway **53** **$1.1M** median round **Aug 2026** last seen
- 11 [d.camp](https://millionrounds.com/fund/dcamp) *Deploying now* Accelerator · South Korea **52** **$4.5M** median round **Sept 2026** last seen
- 12 [Intuit](https://millionrounds.com/fund/intuit-prosperity-accelerator) *Deploying now* Accelerator · United States **6** **$50M** median round **Oct 2026** last seen
- 13 [Lloyd's](https://millionrounds.com/fund/lloyd-s) quiet Accelerator · United Kingdom **4** **$43M** median round **Jul 2025** last seen
- 14 [Restive](https://millionrounds.com/fund/restive-ventures) *Deploying now* Accelerator · United States **4** **$7.5M** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[LionBio Therapeutics](https://millionrounds.com/company/lionbio-therapeutics)** Pre-seed · $6M *With* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **6** Nov **[Humble Robotics](https://millionrounds.com/company/humble-robotics)** Series A · $51M *Led by* [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures)
- **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *Led by* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **5** Nov **[Venomics AI](https://millionrounds.com/company/venomics-ai)** Pre-seed · $2.7M *Led by* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)

## Stages This Year

1,347 rounds

- Venture **26%**
- Pre-seed **20%**
- Seed **19%**
- Series A **15%**
- Series B **5%**
- Other **14%**

## What They Backed

Sectors, last 12 months

- AI **722**
- Fintech **92**
- Big Data & Analytics **78**
- Healthcare **63**
- Biotech **48**
- Financial Services **46**

## Cheques by Quarter

Led Joined

431 Q1 25

393 Q2 25

489 Q3 25

454 Q4 25

419 Q1 26

406 Q2 26

283 Q3 26

60 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in fintech and financial services

- Bank 4.0: Banking everywhere, never at a bank Brett King · 2018 4.07 from 622 ratings on Goodreads Fintech and financial services Company building About the book In the final book in the digital 'BANK'; series, Brett King tackles the topic of whether banks have a future at all in the emerging, technology embedded world of the 21st century. In 30-50 years when cash is gone, cards are gone and all vestiges of the traditional banking system… On AmazonListen on Audible
- Why Aren't They Shouting?: A Banker's Tale of Change, Computers and Perpetual Crisis Kevin Rodgers · 2016 4.26 from 222 ratings on Goodreads Fintech and financial services Company building About the book When Kevin Rodgers embarked on his career in finance, dealing rooms were seething with clamouring traders and gesticulating salesmen. Nearly three decades later, the feverish bustle has gone and the loudest noise you’re likely to hear is the gentle tapping of keyboards. Why… On AmazonListen on Audible
- The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time [Jim McKelvey](https://millionrounds.com/person/jim-mckelvey) · 2020 4.22 from 1,839 ratings on Goodreads Fintech and financial services Innovation Company building About the book From the cofounder of Square, an inspiring and entertaining account of what it means to be a true entrepreneur and what it takes to build a resilient, world-changing company In 2009, a St. Louis glassblowing artist and recovering computer scientist named Jim McKelvey lost a… On AmazonListen on Audible
- Service Design: From Insight to Implementation Andy Polaine · 2013 4.05 from 605 ratings on Goodreads Fintech and financial services Company building About the book We have unsatisfactory experiences when we use banks, buses, health services and insurance companies. They don't make us feel happier or richer. Why are they not designed as well as the products we love to use such as an Apple iPod or a BMW? The 'developed' world has moved… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=fintech).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about incubators and accelerators backing Insurtech

### Who are the most active incubators and accelerators backing Insurtech?

By cheques observed, the most active are Y Combinator, Plug and Play, Creative Destruction Lab, Neo and South Park Commons.

### How many incubators and accelerators backing Insurtech are there?

14 are on record. 93% made an investment in the last 12 months and 50% have led a round.

### Which stages do incubators and accelerators backing Insurtech back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (29%) and Seed (27%).

### How big are the rounds incubators and accelerators backing Insurtech join?

The typical (median) round among the leading investors here is $5.1M.

### Which sectors do incubators and accelerators backing Insurtech back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which incubators and accelerators backing Insurtech lead the most rounds?

Obvious Ventures (14 led), Y Combinator (11 led) and Surge (8 led).

### Where are incubators and accelerators backing Insurtech based?

Among the most active, most are based in the United States (7), Canada (1) and Singapore (1).

### What have incubators and accelerators backing Insurtech invested in recently?

Recent rounds include LionBio Therapeutics (Pre-seed, Nov 2026, with South Park Commons), Humble Robotics (Series A, Nov 2026, with Obvious Ventures) and Nyquis (Seed, Nov 2026, with South Park Commons).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)