Monthly roundup · Insurtech · October 2026

Insurtech startup funding, October 2026: Stand's $70M Series C leads 14 rounds

By Millionrounds ResearchPublished 1 November 2026

We read 14 equity rounds in Insurtech announced in October 2026, raising $249M between them: 2% of all the rounds we read that month and 0% of the money. The largest was Stand's $70M Series C, led by Gorilla Capital and Saga Ventures. The median seed round was $4.8M, against $5.5M over the last twelve months across all sectors. Insurtech Gateway led the most rounds, with 2.

Equity rounds14in Insurtech, 14 with an amount
Raised$249Macross those rounds
Lead named93%of rounds say who led
Share of the month2%of rounds; 0% of the money

The biggest rounds

  1. 1StandSeries C · United States · led by Gorilla Capital, Saga Ventures$70M
  2. 2AAliceSeries D · Brazil · led by International Finance Corporation, Corporación Financiera Internacional (IFC)$40M
  3. 3CollectiveSeries B · United States · led by General Catalyst$40M
  4. 4MeanwhileSeries B · Bermuda · led by Bain Capital Crypto$38M
  5. 5SSlingshot InsuranceSeed · United States · led by Rally Ventures, Skyward Group$27M
  6. 6ii23Seed · United Kingdom · led by Four Cities Capital, Insiders$6.5M
  7. 7CCoverGoSeries B · Hong Kong SAR China · led by Betatron Venture Group$6.0M
  8. 8Charter SpaceSeed · United States · led by Crystal Venture Partners$5.0M
  9. 9NNettleSeed · United Kingdom · led by MTech$4.8M
  10. 10TTODAYSeed · Denmark · led by HTGF High-Tech Gründerfonds, Insurtech Gateway$3.1M

Day by day

Equity rounds in Insurtech announced each day of October. The busiest day was 29 October, with 3.

1 October31 October

By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

Pre-seed2$2.5Mthis month$2.0M12 months, all sectors
Seed7$4.8Mthis month$5.5M12 months, all sectors
Series B3$38Mthis month$50M12 months, all sectors
Series C1$70Mthis month$100M12 months, all sectors
Series D1$40Mthis month$150M12 months, all sectors

The most active leads

Firms that led two or more of the month's rounds in Insurtech.

Where

United States had the most Insurtech rounds this month.

Against the month

  • Rounds, Insurtech14
  • Rounds, all sectors733
  • Raised, Insurtech$249M
  • Raised, all sectors$59B

The whole of October 2026

Other sectors in October

411 roundsAI→100 roundsFintech→72 roundsHealthcare→67 roundsSoftware→67 roundsRobotics→56 roundsManufacturing→44 roundsSaaS→44 roundsConstruction→42 roundsHardware & Electronics→41 roundsBiotech→34 roundsBig Data & Analytics→33 roundsEnergy→33 roundsLogistics→32 roundsEnterprise Software→29 roundsAerospace & Space→29 roundsHealthtech→28 roundsCybersecurity→26 roundsDefence Tech→25 roundsCloud→24 roundsEntertainment→23 roundsB2C→23 roundsFinancial Services→22 roundsMedical Devices→20 roundsCleantech→19 roundsE-commerce→19 roundsFood & Beverage→18 roundsReal Estate→18 roundsDeeptech→18 roundsSemiconductors→17 roundsAgtech→16 roundsDeveloper Tools→15 roundsWeb3 & Crypto→15 roundsRetail→15 roundsMartech→14 roundsSupply Chain→14 roundsTelecoms→14 roundsClimate Tech→13 roundsRegtech→13 roundsAutomotive & EVs→13 roundsChemicals & Materials→12 roundsFuture of Work→12 roundsB2B→12 roundsMedia→12 roundsGaming→11 roundsProfessional Services→11 roundsMarketplaces→11 roundsHR Tech→11 roundsEducation→11 roundsSalestech→10 roundsProptech→10 roundsPharma→10 roundsFashion→10 roundsTravel & Hospitality→