# Pre-seed insurtech investors (2026 list)

> 47 pre-seed insurtech investors, 66% active in the last 12 months. Led by Plug and Play, Accel, Leo Capital. Ranked by what they funded.

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

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

# Pre-seed insurtech investors

Updated 7 November 2026

Firms we have watched take part in a pre-seed round raised by an insurtech company in the last two years. Both the stage and the sector are what they did, not what their website says.

[See all 47 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpre-seed-insurtech-investors)The top 25

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

**421** cheques in 12 months *-15%* against the market

**$3M** median round they joined *-62%* against the market median

**66%** wrote a cheque in 12 months

**32%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (24)

- 1 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 2 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 3 [Leo Capital](https://millionrounds.com/fund/leo-capital) *Deploying now* VC firm · United States **130** **$4.7M** median round **Oct 2026** last seen
- 4 [Project A Ventures](https://millionrounds.com/fund/project-a) *Deploying now* VC firm · Germany **121** **$10M** median round **Nov 2026** last seen
- 5 [Surge](https://millionrounds.com/fund/peak-xv-partners) *Deploying now* Accelerator · Singapore **91** **$5.1M** median round **Sept 2026** last seen
- 6 [Portfolio Ventures](https://millionrounds.com/fund/will-martin) *Deploying now* VC firm · United Kingdom **65** **$4.7M** median round **Nov 2026** last seen
- 7 [10x Founders](https://millionrounds.com/fund/10x-founders) *Deploying now* VC firm · Germany **56** **$6.7M** median round **Sept 2026** last seen
- 8 [Spintop Ventures](https://millionrounds.com/fund/spintop-ventures) *Deploying now* VC firm · Sweden **50** **$2.6M** median round **Oct 2026** last seen
- 9 [C2 Ventures](https://millionrounds.com/fund/c2-ventures) *Deploying now* VC firm · Australia **43** **$3.7M** median round **Sept 2026** last seen
- 10 [Chingona Ventures](https://millionrounds.com/fund/chingona-ventures) *Deploying now* VC firm · United States **40** **$3M** median round **Oct 2026** last seen
- 11 [Pale blue dot](https://millionrounds.com/fund/pale-blue-dot) *Deploying now* VC firm · Sweden **37** **$4.3M** median round **Jul 2026** last seen
- 12 [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) *Deploying now* VC firm · United States **24** **$8M** median round **Oct 2026** last seen
- 13 [Sovereign's Capital](https://millionrounds.com/fund/sovereign-s-capital) *Deploying now* VC firm · United States **12** **$6.2M** median round **Nov 2026** last seen
- 14 [Gilgamesh Ventures](https://millionrounds.com/fund/gilgamesh-ventures) *Deploying now* VC firm · United States **5** **$3.1M** median round **Oct 2026** last seen
- 15 [Insurtech Gateway](https://millionrounds.com/fund/insurtech-gateway) *Deploying now* VC firm · United Kingdom **5** **$3.1M** median round **Oct 2026** last seen
- 16 [seedX](https://millionrounds.com/fund/seedx) *Deploying now* VC firm · India **5** **$3.7M** median round **Oct 2026** last seen
- 17 [Intact Private Capital](https://millionrounds.com/fund/intact-private-capital) *Deploying now* Corporate VC · Canada **4** **$12M** median round **Aug 2026** last seen
- 18 [Remarkable Ventures](https://millionrounds.com/fund/remarkable-ventures) *Deploying now* VC firm · United States **4** **$6.3M** median round **Sept 2026** last seen
- 19 [Red Bike Capital](https://millionrounds.com/fund/red-bike-capital) *Deploying now* VC firm · United States **3** **$6M** median round **Sept 2026** last seen
- 20 [South Loop Ventures](https://millionrounds.com/fund/south-loop-ventures) *Deploying now* VC firm · United States **3** **$5M** median round **Sept 2026** last seen
- 21 [Mattias Miksche](https://millionrounds.com/fund/mattias-miksche) *Deploying now* Angel **3** **$2.4M** median round **Aug 2026** last seen
- 22 [Daniel Feyler](https://millionrounds.com/fund/daniel-feyler) quiet VC firm · Germany **2** **$2.4M** median round **May 2025** last seen
- 23 [Further Than Capital](https://millionrounds.com/fund/further-than-capital) *Deploying now* VC firm · Sweden **2** **$7.5M** median round **Sept 2026** last seen
- 24 [Wave Ventures](https://millionrounds.com/fund/wave-ventures) *Deploying now* VC firm · Finland **2** **$3.4M** median round **Sept 2026** last seen
- 25 [Caroline Farberger](https://millionrounds.com/fund/caroline-farberger) *Deploying now* VC firm **1** **$2.5M** median round **Aug 2026** last seen

**22 more on this list**

All 47 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpre-seed-insurtech-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Potential Sciences](https://millionrounds.com/company/potential-sciences)** Seed *With* [Portfolio Ventures](https://millionrounds.com/fund/will-martin)
- **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Sovereign's Capital](https://millionrounds.com/fund/sovereign-s-capital)
- **5** Nov **[VÆRIDION](https://millionrounds.com/company/v-ridion)** Series A · $34M *With* [Project A Ventures](https://millionrounds.com/fund/project-a)
- **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

390 rounds

- Seed **28%**
- Series A **17%**
- Venture **13%**
- Series B **10%**
- Pre-seed **9%**
- Other **23%**

## What They Backed

Sectors, last 12 months

- AI **215**
- Fintech **42**
- Cybersecurity **27**
- Healthcare **24**
- Big Data & Analytics **19**
- Biotech **17**

## Cheques by Quarter

Led Joined

120 Q1 25

145 Q2 25

148 Q3 25

123 Q4 25

112 Q1 26

109 Q2 26

104 Q3 26

45 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors)
- [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors)
- [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors)
- [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors)
- [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors)
- [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors)
- [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors)
- [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors)
- [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors)

[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&stage=idea).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about pre-seed insurtech investors

### Who are the most active pre-seed insurtech investors?

By cheques observed, the most active are Plug and Play, Accel, Leo Capital, Project A Ventures and Surge.

### How many pre-seed insurtech investors are there?

47 are on record. 66% made an investment in the last 12 months and 32% have led a round.

### Which stages do pre-seed insurtech investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (36%) and Series A (22%).

### How big are the rounds pre-seed insurtech investors join?

The typical (median) round among the leading investors here is $4.7M.

### Which sectors do pre-seed insurtech investors back most?

In the last 12 months, mostly AI, Fintech and Cybersecurity.

### Which pre-seed insurtech investors lead the most rounds?

Accel (103 led), Surge (8 led) and Spintop Ventures (5 led).

### Where are pre-seed insurtech investors based?

Among the most active, most are based in the United States (10), Germany (3) and Sweden (3).

### What have pre-seed insurtech investors invested in recently?

Recent rounds include Thinking Machines Lab (Other, Nov 2026, with Accel), Potential Sciences (Seed, Nov 2026, with Portfolio Ventures) and Nyquis (Seed, Nov 2026, with Sovereign's Capital).

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