New wave · Worldwide

New insurtech startups, founded 2020 on

The new wave: 80 insurtech startups founded in 2020 or later that have raised money in rounds we track, $2.1B between them, placed in 7 segments.

80startups on the map
7segments
$2.1Braised between them
Health and lifemost funded segment

Health and life

21

Underwriting and claims software

17

Small business cover

12

Car and mobility

11

Home and property

9

Parametric and climate cover

7

Embedded insurance

3

Segment by segment

Health and life

21 startups · $923M raised

  1. ThatchThatch is a health benefits platform that combines financial technology and insurance services.United States$151M
  2. Enhance HealthEnhance Health is a technology-enabled digital health insurance brokerage and care navigation platform founded in 2021.United States$150M
  3. CurativeCurative is a health insurance company based in Austin, Texas, founded in January 2020 by Fred Turner and Isaac Turner.United States$150M
  4. MeanwhileMeanwhile is a Bermuda-licensed life insurer that specializes in Bitcoin-denominated life insurance policies.Bermuda$120M
  5. Penelope HealthWe believe that information asymmetry is a root cause of market inefficiencies within US healthcare.United Kingdom$100M
  6. AzosAzos is a Brazilian insurtech company focused on making life insurance accessible to families across Brazil.Brazil$56M
  7. AnteriorAnterior is a clinician-led artificial intelligence platform designed for health plans in the U.S.United States$40M
  8. Yuzu HealthYuzu Health is a third-party administrator providing claims processing, billing, and plan management for employer-sponsored insurance plans.United States$35M

Underwriting and claims software

17 startups · $292M raised

  1. Bolttechbolttech is an international insurtech company based in Singapore, founded in 2020.Singapore$147M
  2. CorridorCorridor is an AI-powered software security platform that enhances code security by embedding real-time controls into both AI and United States$25M
  3. Advocate TechnologiesAdvocate Technologies is modernizing insurance operations for lenders.United States$25M
  4. ComulateComulate is a private InsurTech and financial software company founded in 2022 and based in San Francisco, California.United States$20M
  5. CoverForceCoverForce's API offers access to leading P&C carriers, enabling instant business insurance quotes and a one-click purchase experience.United States$13M
  6. WallifeWallife is an insurtech startup based in Rome, Italy, founded in 2020 and operational since 2022.Italy$12M
  7. PrecedentPrecedent helps to improve communication between attorneys and insurance carriers.United States$9.0M
  8. Walnut InsuranceWalnut Insurance, founded in 2020, is a technology-enabled insurance distribution company that focuses on transforming the insuranUnited States$7.9M

Small business cover

12 startups · $367M raised

  1. CorgiCorgi is an AI-native, full-stack insurance carrier based in San Francisco, specializing in customized commercial insurance producUnited States$170M
  2. Nirvana InsuranceNirvana Insurance provides commercial fleet insurance using telematics data to enhance safety, and reduce costs.United States$100M
  3. Risk Transfer Advisory (RTA) GroupRTA's mission is to become the ideal strategic partner for high growth independent risk advisors.United States$43M
  4. InsifyInsify is an insurance company that offers digital insurance solutions to freelancers and small businesses.Netherlands$19M
  5. LimitLimit provides software, digital wholesale brokers, technology, sales, and data services for commercial insurance.United States$15M
  6. District CoverDistrict Cover is a Nashville-based insurtech and managing general agent focused on providing flexible, data-driven commercial insUnited States$6.0M
  7. Jove InsuranceJove Insurance is a London-based insurtech company founded in 2020 that specializes in borderless, subscription-based business insurance.United Kingdom$4.5M
  8. DiestaDiesta is a London-based insurtech company founded in 2022 that specializes in developing custom-built payment software for the coUnited Kingdom$4.0M

Car and mobility

11 startups · $166M raised

  1. AutoGrabAutoGrab is an automotive data intelligence platform founded in 2020 in Melbourne, Australia.Australia$80M
  2. TrastiTrasti is a car insurance agency that offers vehicle purchase, sales, towing, and glass insurance services.Poland$25M
  3. TuioTUIO is an automotive company that specializes in car subscription services.Spain$17M
  4. JustosJustos is a Brazilian insurtech company founded in 2020, specializing in auto insurance.Brazil$17M
  5. SafelySafely is a fleet safety company that offers a software product aimed at reducing incidents in fleet operations.United States$8.0M
  6. AutoConnexaAutoConnexa is an InsurTech company that specializes in personalized car insurance policies.Italy$5.2M
  7. Boundless RiderBoundless Rider Insurance is an insurtech company based in Medford, Massachusetts, founded in 2022.United States$4.3M
  8. CarmaCareCarmaCare is a subscription-based fintech platform that offers "healthcare-for-your-car" services, making vehicle ownership more aUnited States$4.1M

Home and property

9 startups · $335M raised

  1. ReservReserv is a technology-enabled Third-Party Administrator (TPA) and insurtech firm that specializes in modernizing Property and CasUnited States$166M
  2. FederatoFederato is an AI-native underwriting platform designed for the property and casualty (P&C) insurance industry.United States$140M
  3. RockRose RiskRockRose Risk is a wildfire-focused insurance brokerage and captive underwriting manager based in Napa, California.United States$13M
  4. Beagle LabsBeagle Labs is an AI-driven insurtech company based in Manhattan, New York, founded in 2022.United States$7.8M
  5. EstalyEstaly is a French tech-enabled insurance startup founded in 2022 by Mathis Batoul, Youssef Kanouni, and Karim Mezzour.France$3.9M
  6. SALT InsureSALT Insure is a home and auto digital insurance application.United States$2.0M
  7. OkifyOkify is a platform that simplifies and improves the home change process for renters, real estate professionals, and homeowners.Spain$1.1M
  8. RevyseRevyse makes it easier for multifamily owners and operators to discover, procure, and manage software and services.United States$1.0M

Parametric and climate cover

7 startups · $40M raised

  1. WeatherPromiseWeatherPromise is a fintech and travel technology company based in New York, founded in 2022.United States$13M
  2. Adaptive insuranceAdaptive Insurance is an insurtech startup based in Austin, Texas, founded in 2024 by Mike Gulla and Arik Yelovitch.United States$10M
  3. Renew RiskRenew Risk is a London-based InsurTech and FinTech company founded in 2021.United Kingdom$7.1M
  4. 7Analytics7Analytics is a Norwegian climate-tech startup founded in 2017, focused on developing high-precision artificial intelligence modelNorway$4.3M
  5. 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
  6. Celest ScienceCelest.Science is a climate tech startup based in Montpellier and Paris, founded in March 2023.France$2.3M
  7. MitigrateMitigrate is an Oslo-based ClimateTech and InsurTech SaaS company founded in 2021.Norway$1.3M

Embedded insurance

3 startups · $18M raised

  1. CoverdashCoverdash is a digital insurtech business insurance agency founded in 2022 and headquartered in New York.United States$14M
  2. LoxaLoxa is a London-based insurtech company founded in 2023, originally named Bolt Cover.United Kingdom$3.6M
  3. EmbriEmbri is an Insurtech platform providing integrated and embedded insurance solutions to the high-end luxury retail sector.United Kingdom$410K

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. 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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