Market map · Worldwide

Insurtech market map

261 insurtech startups worldwide that have raised money in rounds we track, placed in 8 segments by what each says it does. Together they have raised $18B; the biggest segment is health and life, with 73 companies.

261startups on the map
8segments
$18Braised between them
Health and lifemost funded segment

Health and life

73

+49 more

Underwriting and claims software

59

+35 more

Home and property

35

+11 more

Small business cover

35

+11 more

Car and mobility

34

+10 more

Parametric and climate cover

11

Embedded insurance

10

Cyber insurance

4

Segment by segment

Health and life

73 startups · $8.8B raised

  1. Devoted HealthDevoted Health is a technology-driven healthcare company founded in 2017 by brothers Todd and Ed Park.United States$2.1B
  2. Angle HealthAngle Health is a modern health insurance platform founded in 2019 and based in San Francisco, CA.United States$1.2B
  3. BHBright HealthUnited States$1.1B
  4. AlanAlan is a prominent digital health partner based in France, recognized as the first new licensed health insurance company in the cFrance$733M
  5. Wilton ReWilton Re is a U.S.-based life reinsurance company founded in 2004, specializing in acquiring and managing in-force blocks of lifeUnited States$600M
  6. ZenefitsZenefits was founded to take the administrative heartache out of getting healthcare.United States$584M
  7. BestowBestow is a Dallas-based insurtech and financial software company that specializes in providing a B2B technology platform for the United States$205M
  8. Candid HealthCandid Health is a revenue cycle automation platform that aims to simplify medical billing for healthcare providers.United States$173M

Underwriting and claims software

59 startups · $2.1B raised

  1. SBI General InsuranceSBI General Insurance Company Limited, founded in 2009 and operational since 2010, is a leading private general insurer in India.India$432M
  2. SISPARTA InsuranceSPARTA's Policy Administration System is a state of the art, Web-based, .NET vendor developed.United States$279M
  3. Bolttechbolttech is an international insurtech company based in Singapore, founded in 2020.Singapore$147M
  4. MarshmallowMarshmallow Technology Ltd., founded in 2017 in London, is a British insurtech and fintech company.United Kingdom$135M
  5. InclineIncline is a premier insurance program market services firm that focuses on underwriting, claims, and enterprise risk.United States$125M
  6. FayeTechnology consulting & software companyUnited States$84M
  7. BPL GlobalBPL Global is a smart grid technology company that provides software solutions and services to electric utilities.United States$81M
  8. SnapsheetSnapsheet is a provider of virtual appraisal technology and claims management software solutions in the insurance industry.United States$77M

Home and property

35 startups · $3.1B raised

  1. Hippo InsuranceHippo Insurance is an InsurTech company that uses technology to help homeowners maintain their properties.United States$620M
  2. Kin InsuranceKin Insurance is an insurtech company that offers personalized home insurance policies.United States$513M
  3. PalomarPalomar is an innovative insurer that focuses on the provision of specialty property insurance.United States$450M
  4. Fidelis InsuranceFidelis Insurance is a property and casualty (re)insurance start up.United Kingdom$400M
  5. Definity FinancialDefinity Financial is a multi-channel, property and casualty insurance company.Canada$278M
  6. ReservReserv is a technology-enabled Third-Party Administrator (TPA) and insurtech firm that specializes in modernizing Property and CasUnited States$166M
  7. ZegoZego is a property management automation company founded in 2003 and is now a subsidiary of Global Payments.United Kingdom$150M
  8. FederatoFederato is an AI-native underwriting platform designed for the property and casualty (P&C) insurance industry.United States$140M

Small business cover

35 startups · $2.1B raised

  1. Next InsuranceNext Insurance is a digital insurance company specializing in coverage for entrepreneurs and small businesses.United States$627M
  2. Pie InsurancePie Insurance is a Denver-based insurtech company founded in 2017 that specializes in providing workers’ compensation insurance toUnited States$360M
  3. NewfrontNewfront is an insurance company that provides risk control, risk analytics, and benchmarking claims advocacy.United States$200M
  4. CorgiCorgi is an AI-native, full-stack insurance carrier based in San Francisco, specializing in customized commercial insurance producUnited States$170M
  5. Nirvana InsuranceNirvana Insurance provides commercial fleet insurance using telematics data to enhance safety, and reduce costs.United States$100M
  6. KalepaKalepa is an insurtech company founded in 2018, based in New York City.United States$89M
  7. Artificial LabsArtificial Labs is a London-based technology company specializing in algorithmic underwriting, digital broking, and placement softUnited Kingdom$73M
  8. DeciselyDecisely is a benefits brokerage and HR services firm founded in 2015 and based in Alpharetta, Georgia.United States$60M

Car and mobility

34 startups · $2.0B raised

  1. Root InsuranceRoot® does car insurance differently.United States$701M
  2. MetromileMetromile is a car insurance company using data science and machine learning to offer drivers new and fairer insurance.United States$466M
  3. Prima.itPrima.it is an insurance agency that provides car, motorcycle, and home insurance services.Italy$116M
  4. CoverHoundCoverHound is a technology company offering a platform for consumers to shop for car insurance.United States$115M
  5. AutoGrabAutoGrab is an automotive data intelligence platform founded in 2020 in Melbourne, Australia.Australia$80M
  6. ClearcoverClearcover is a digital-first auto insurance company based in Chicago, Illinois, founded in 2016.United States$80M
  7. MJMeili JinrongMeili Jinrong is an automotive consumer staging service platform focused on car consumer.Japan$65M
  8. INSHURINSHUR is a digital insurance platform that provides auto insurance to drivers and fleet owners.United States$63M

Parametric and climate cover

11 startups · $215M raised

  1. EthosEthos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on varioUnited Kingdom$143M
  2. ZestyAIZestyAI is an AI risk platform based in San Francisco, California, that focuses on property and climate risk for the insurance industry.United States$28M
  3. WeatherPromiseWeatherPromise is a fintech and travel technology company based in New York, founded in 2022.United States$13M
  4. Adaptive insuranceAdaptive Insurance is an insurtech startup based in Austin, Texas, founded in 2024 by Mike Gulla and Arik Yelovitch.United States$10M
  5. Renew RiskRenew Risk is a London-based InsurTech and FinTech company founded in 2021.United Kingdom$7.1M
  6. 7Analytics7Analytics is a Norwegian climate-tech startup founded in 2017, focused on developing high-precision artificial intelligence modelNorway$4.3M
  7. Oka, The Carbon Insurance CompanyOka, The Carbon Insurance Company®, is a specialty climate transition insurer founded in 2022 and headquartered in Park City, Utah.United States$2.6M
  8. Celest ScienceCelest.Science is a climate tech startup based in Montpellier and Paris, founded in March 2023.France$2.3M

Embedded insurance

10 startups · $118M raised

  1. Salty.Salty Dot, Inc.United States$26M
  2. WriskWrisk is a London-based insurtech company founded in 2016, specializing in embedded insurance technology for the automotive OEM sector.United Kingdom$24M
  3. HepsterHepster is an InsurTech company that focuses on the insurance sector.Germany$21M
  4. CoverdashCoverdash is a digital insurtech business insurance agency founded in 2022 and headquartered in New York.United States$14M
  5. UpCoverUpcover is an Australian insurtech company founded in 2019, based in Sydney.Australia$11M
  6. Alicia InsuranceAlicia Insurance, based in Rotterdam, Netherlands, is an insurtech scale-up founded in 2019.Netherlands$7.4M
  7. ElmaElma Electronic is a global leader in embedded computing solutions and electronic enclosures, founded in 1986 in Wetzikon, Switzerland.Spain$6.6M
  8. bsurancebsurance is a Vienna-based InsurTech company founded in 2017, specializing in an embedded insurance platform.Austria$4.6M

Cyber insurance

4 startups · $65M raised

  1. SStoØkFrance$51M
  2. FinlexFinlex GmbH is a technology-driven specialist broker and digital platform provider based in Frankfurt, Germany.United States$9.4M
  3. CCCowbell CyberUnited States$3.3M
  4. BLUECYBERCyber insurance, simplified.Brazil$1.5M

How this map is made. Every startup here has raised money in rounds we track. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in insurtech, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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