# Series B insurtech investors (2026 list)

> 114 series B insurtech investors, 89% active in the last 12 months. Led by Y Combinator, Sequoia Capital, New Enterprise Associates. Ranked by what they funded.

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

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

# Series B insurtech investors

Updated 7 November 2026

Firms we have watched take part in a Series B 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 114 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-b-insurtech-investors)The top 25

**114** investors on the list *+8* this week

**3,951** cheques in 12 months *-8%* against the market

**$20M** median round they joined *+150%* against the market median

**89%** wrote a cheque in 12 months

**73%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 3 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen
- 4 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 5 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 6 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 7 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 8 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 9 [Kima Ventures](https://millionrounds.com/fund/kima-ventures) *Deploying now* VC firm · France **859** **$4.2M** median round **Nov 2026** last seen
- 10 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 11 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) *Deploying now* VC firm · United States **658** **$32M** median round **Nov 2026** last seen
- 12 [Flybridge](https://millionrounds.com/fund/flybridge) *Deploying now* VC firm · United States **534** **$5M** median round **Sept 2026** last seen
- 13 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen
- 14 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 15 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **465** **$9.8M** median round **Nov 2026** last seen
- 16 [Soma Capital](https://millionrounds.com/fund/soma-capital) *Deploying now* VC firm · United States **456** **$4.2M** median round **Oct 2026** last seen
- 17 [DCVC](https://millionrounds.com/fund/data-collective) *Deploying now* VC firm · United States **431** **$29M** median round **Nov 2026** last seen
- 18 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen
- 19 [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) *Deploying now* VC firm · United Kingdom **355** **$10M** median round **Oct 2026** last seen
- 20 [QED Investors](https://millionrounds.com/fund/qed-investors) *Deploying now* VC firm · United States **314** **$29M** median round **Oct 2026** last seen
- 21 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) *Deploying now* Government · United States **283** **$39M** median round **Oct 2026** last seen
- 22 [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) *Deploying now* VC firm · France **256** **$17M** median round **Oct 2026** last seen
- 23 [Seedrs](https://millionrounds.com/fund/seedrs) *Deploying now* VC firm · United Kingdom **244** **$961K** median round **Sept 2026** last seen
- 24 [Northzone](https://millionrounds.com/fund/northzone) *Deploying now* VC firm · United Kingdom **240** **$22M** median round **Oct 2026** last seen
- 25 [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) *Deploying now* Family office **240** **$50M** median round **Oct 2026** last seen

**89 more on this list**

All 114 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%2Fseries-b-insurtech-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *Led by* [Galaxy](https://millionrounds.com/fund/galaxy)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[Circularity Fuels](https://millionrounds.com/company/circularity-fuels)** Seed · $7M *Led by* [DCVC](https://millionrounds.com/fund/data-collective)
- **5** Nov **[Kabilio](https://millionrounds.com/company/kabilio)** $11M *Led by* [Visionaries Club](https://millionrounds.com/fund/visionaries-club)
- **5** Nov **[Mindmax](https://millionrounds.com/company/mindmax)** Seed · $3.3M *Led by* [Concept Ventures](https://millionrounds.com/fund/concept-ventures)
- **5** Nov **[Kalepa](https://millionrounds.com/company/kalepa)** Series B · $75M *Led by* [Updata Partners](https://millionrounds.com/fund/updata-partners)

## Stages This Year

3,039 rounds

- Venture **20%**
- Seed **18%**
- Series A **16%**
- Pre-seed **11%**
- Series B **9%**
- Other **25%**

## What They Backed

Sectors, last 12 months

- AI **1,443**
- Fintech **238**
- Big Data & Analytics **180**
- Biotech **152**
- Healthcare **150**
- Financial Services **133**

## Cheques by Quarter

Led Joined

1,068 Q1 25

1,114 Q2 25

1,187 Q3 25

1,318 Q4 25

1,181 Q1 26

1,113 Q2 26

894 Q3 26

243 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=scaling).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about series B insurtech investors

### Who are the most active series B insurtech investors?

By cheques observed, the most active are Y Combinator, Sequoia Capital, New Enterprise Associates, Alumni Ventures and General Catalyst.

### How many series B insurtech investors are there?

114 are on record. 89% made an investment in the last 12 months and 73% have led a round.

### Which stages do series B insurtech investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (25%) and Series A (23%).

### How big are the rounds series B insurtech investors join?

The typical (median) round among the leading investors here is $22M.

### Which sectors do series B insurtech investors back most?

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

### Which series B insurtech investors lead the most rounds?

General Catalyst (97 led), Sequoia Capital (91 led) and New Enterprise Associates (73 led).

### Where are series B insurtech investors based?

Among the most active, most are based in the United States (18), France (3) and the United Kingdom (3).

### What have series B insurtech investors invested in recently?

Recent rounds include Soter Insure (Series B, Nov 2026, with Galaxy), firmly (Series A, Nov 2026, with Alumni Ventures) and Circularity Fuels (Seed, Nov 2026, with DCVC).

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