# Top 50 Commercial Insurance Startups Worldwide by Funding (2026) > The 50 best-funded commercial insurance startups worldwide, ranked by total funding raised: $2.0B combined. Source: https://millionrounds.com/top-lists/commercial-insurance-startups (Millionrounds; every figure on the page links to its filing or article) - 1 [**Definity Financial** Definity Financial is a multi-channel, property and casualty insurance company.](https://millionrounds.com/company/definity-financial) Definity Financial is a multi-channel, property and casualty insurance company. *Founded* - Waterloo, Canada **$278M** last round May 2025 - 2 [**Newfront** Newfront is an insurance company that provides risk control, risk analytics, and benchmarking claims advocacy.](https://millionrounds.com/company/newfront) Newfront is an insurance company that provides risk control, risk analytics, and benchmarking claims advocacy. *Founded* 2017 San Francisco, United States **$200M** last round Apr 2022 - 3 [**Corgi** Corgi is an AI-native, full-stack insurance carrier based in San Francisco, specializing in customized commercial insurance products for startups, B2B SaaS comp](https://millionrounds.com/company/corgi) Corgi is an AI-native, full-stack insurance carrier based in San Francisco, specializing in customized commercial insurance products for startups, B2B SaaS comp *Founded* 2024 San Francisco, United States **$170M** last round Jul 2026 - 4 [**Archipelago** Archipelago is a San Francisco-based software company founded in 2018.](https://millionrounds.com/company/archipelago) Archipelago is a San Francisco-based software company founded in 2018. *Founded* 2018 San Francisco, United States **$159M** last round Apr 2021 - 5 [**Centerfield** Datalot powered by Centerfield acquires new customers for leading auto, home, life, health, Medicare, and commercial insurance companies at scale.](https://millionrounds.com/company/centerfield) Datalot powered by Centerfield acquires new customers for leading auto, home, life, health, Medicare, and commercial insurance companies at scale. *Founded* 2011 Los Angeles, United States **$156M** last round Jan 2017 - 6 [**Nirvana Insurance** Nirvana Insurance provides commercial fleet insurance using telematics data to enhance safety, and reduce costs.](https://millionrounds.com/company/nirvana-insurance) Nirvana Insurance provides commercial fleet insurance using telematics data to enhance safety, and reduce costs. *Founded* 2021 San Francisco, United States **$100M** last round Dec 2025 - 7 [**Kalepa** Kalepa is an insurtech company founded in 2018, based in New York City.](https://millionrounds.com/company/kalepa) Kalepa is an insurtech company founded in 2018, based in New York City. *Founded* 2018 New York, United States **$89M** last round Nov 2026 - 8 [**hyperexponential** hyperexponential is a London-based financial software company founded in 2017, focusing on pricing decision intelligence (PDI) for the commercial and specialty](https://millionrounds.com/company/hyperexponential) hyperexponential is a London-based financial software company founded in 2017, focusing on pricing decision intelligence (PDI) for the commercial and specialty *Founded* 2017 London, United Kingdom **$87M** last round Aug 2026 - 9 [**Artificial Labs** Artificial Labs is a London-based technology company specializing in algorithmic underwriting, digital broking, and placement software for the specialty and com](https://millionrounds.com/company/artificial-labs) Artificial Labs is a London-based technology company specializing in algorithmic underwriting, digital broking, and placement software for the specialty and com *Founded* 2013 London, United Kingdom **$73M** last round Feb 2026 - 10 [**Fairmatic** Fairmatic is an insurtech company that specializes in telematics-powered commercial auto insurance solutions for brokers and fleet operators.](https://millionrounds.com/company/fairmatic) Fairmatic is an insurtech company that specializes in telematics-powered commercial auto insurance solutions for brokers and fleet operators. *Founded* 2019 Sacramento, United States **$46M** last round Mar 2023 - 11 [**Flock** London-based insurtech building the world's first fully digital insurance company for connected and autonomous commercial vehicles](https://millionrounds.com/company/flock) London-based insurtech building the world's first fully digital insurance company for connected and autonomous commercial vehicles *Founded* 2015 London, United States **$44M** last round Feb 2023 - 12 [**Risk Transfer Advisory (RTA) Group** RTA's mission is to become the ideal strategic partner for high growth independent risk advisors.](https://millionrounds.com/company/risk-transfer-advisory-rta-group) RTA's mission is to become the ideal strategic partner for high growth independent risk advisors. *Founded* 2023 Ellendale, United States **$43M** last round Jun 2023 - 13 [**High Definition Vehicle Insurance** HDVI is a technology-first commercial auto insurance provider.](https://millionrounds.com/company/high-definition-vehicle-insurance) HDVI is a technology-first commercial auto insurance provider. *Founded* 2017 Chicago, United States **$40M** last round Feb 2025 - 14 [**Cover Whale** Cover Whale is an insurtech company founded in 2019, focusing on innovative commercial auto insurance programs for the trucking industry.](https://millionrounds.com/company/cover-whale) Cover Whale is an insurtech company founded in 2019, focusing on innovative commercial auto insurance programs for the trucking industry. *Founded* 2019 PECK SLIP, United States **$40M** last round Jul 2025 - 15 [**MiLa** Mila is an insurer specializing in real estate.](https://millionrounds.com/company/mila) Mila is an insurer specializing in real estate. *Founded* 2020 United States **$36M** last round Jan 2023 - 16 [**Sayata** Sayata streamlines the quote-bind-issue process for insurance brokers and carriers to help grow their commercial book.](https://millionrounds.com/company/sayata) Sayata streamlines the quote-bind-issue process for insurance brokers and carriers to help grow their commercial book. *Founded* 2016 Boston, United States **$35M** last round Jan 2022 - 17 [**FurtherAI** FurtherAI is a domain-specific artificial intelligence company that focuses on the commercial insurance industry.](https://millionrounds.com/company/furtherai) FurtherAI is a domain-specific artificial intelligence company that focuses on the commercial insurance industry. *Founded* 2023 San Francisco, United States **$30M** last round Apr 2025 - 18 [**Embroker** Embroker is a San Francisco-based insurtech company founded in 2015 that simplifies commercial insurance for small to midsized businesses through a digital platform.](https://millionrounds.com/company/embroker) Embroker is a San Francisco-based insurtech company founded in 2015 that simplifies commercial insurance for small to midsized businesses through a digital platform. *Founded* 2015 San Francisco, United States **$28M** last round Apr 2019 - 19 [**Coterie Insurance** Coterie Insurance is a tech-enabled Managing General Agent (MGA) and insurtech platform founded in 2018, headquartered in Appleton, Wisconsin.](https://millionrounds.com/company/coterie-insurance) Coterie Insurance is a tech-enabled Managing General Agent (MGA) and insurtech platform founded in 2018, headquartered in Appleton, Wisconsin. *Founded* 2018 Appleton, United States **$27M** last round Sept 2025 - 20 [**Konsileo** Konsileo is a UK-based commercial insurance broker and risk management adviser that leverages technology to enhance the insurance broking experience.](https://millionrounds.com/company/konsileo) Konsileo is a UK-based commercial insurance broker and risk management adviser that leverages technology to enhance the insurance broking experience. *Founded* 2015 London, United Kingdom **$26M** last round Sept 2026 - 21 [**Thimble** Thimble is an insurtech startup based in New York City, founded in 2015 and rebranded from Verifly in 2019.](https://millionrounds.com/company/thimble) Thimble is an insurtech startup based in New York City, founded in 2015 and rebranded from Verifly in 2019. *Founded* 2015 New York, United States **$22M** last round Feb 2023 - 22 [**Concirrus** Concirrus is an AI-native underwriting platform based in London, England, founded in 2011.](https://millionrounds.com/company/concirrus) Concirrus is an AI-native underwriting platform based in London, England, founded in 2011. *Founded* 2012 London, United Kingdom **$22M** last round Mar 2023 - 23 [**Broker Insights** Broker Insights is an insurtech company that enhances the global commercial insurance industry through data-driven decision-making.](https://millionrounds.com/company/broker-insights) Broker Insights is an insurtech company that enhances the global commercial insurance industry through data-driven decision-making. *Founded* 2018 Dundee, United Kingdom **$22M** last round Aug 2026 - 24 [**Groundspeed Analytics** Groundspeed Analytics accelerates commercial insurance performance with the power of machine learning and artificial intelligence.](https://millionrounds.com/company/groundspeed-analytics) Groundspeed Analytics accelerates commercial insurance performance with the power of machine learning and artificial intelligence. *Founded* 2016 United States **$20M** last round Jan 2021 - 25 [**Insify** Insify is an insurance company that offers digital insurance solutions to freelancers and small businesses.](https://millionrounds.com/company/insify) Insify is an insurance company that offers digital insurance solutions to freelancers and small businesses. *Founded* 2020 Amsterdam, Netherlands **$19M** last round Sept 2025 - 26 [**OpenEyes** OpenEyes is an insurtech company based in New York, founded in 2019.](https://millionrounds.com/company/openeyes) OpenEyes is an insurtech company based in New York, founded in 2019. *Founded* 2019 New York, United States **$18M** last round Feb 2023 - 27 [**Limit** Limit provides software, digital wholesale brokers, technology, sales, and data services for commercial insurance.](https://millionrounds.com/company/limit) Limit provides software, digital wholesale brokers, technology, sales, and data services for commercial insurance. *Founded* 2020 ONIL, United States **$15M** last round Oct 2022 - 28 [**Humn.ai** We are a London-based insurtech MGA combining IoT data with geospatial risk models to create per-trip insurance premiums for commercial auto](https://millionrounds.com/company/humn-ai) We are a London-based insurtech MGA combining IoT data with geospatial risk models to create per-trip insurance premiums for commercial auto *Founded* - Leeds, United Kingdom **$14M** last round Oct 2021 - 29 [**Arturo** Arturo is an AI-powered property intelligence company that specializes in enhancing the assessment and management of personal and commercial properties.](https://millionrounds.com/company/arturo) Arturo is an AI-powered property intelligence company that specializes in enhancing the assessment and management of personal and commercial properties. *Founded* 2018 South Jordan, United States **$14M** last round Sept 2023 - 30 [**Coverdash** Coverdash is a digital insurtech business insurance agency founded in 2022 and headquartered in New York.](https://millionrounds.com/company/coverdash) Coverdash is a digital insurtech business insurance agency founded in 2022 and headquartered in New York. *Founded* 2022 New York, United States **$14M** last round Feb 2024 - 31 [**LineSlip Solutions** LineSlip Solutions is an award-winning, SOC II-certified insurance technology company based in New York, founded in 2016.](https://millionrounds.com/company/lineslip-solutions) LineSlip Solutions is an award-winning, SOC II-certified insurance technology company based in New York, founded in 2016. *Founded* 2016 New York, United States **$13M** last round Jun 2026 - 32 [**Pathpoint** Pathpoint, Inc.](https://millionrounds.com/company/pathpoint) Pathpoint, Inc. *Founded* 2017 Washington, United States **$13M** last round Jan 2023 - 33 [**RockRose Risk** RockRose Risk is a wildfire-focused insurance brokerage and captive underwriting manager based in Napa, California.](https://millionrounds.com/company/rockrose-risk) RockRose Risk is a wildfire-focused insurance brokerage and captive underwriting manager based in Napa, California. *Founded* 2024 United States **$13M** last round Aug 2026 - 34 [**QuoteWell** QuoteWell is a tech-driven wholesale insurance brokerage and Managing General Agent (MGA) based in Austin, Texas.](https://millionrounds.com/company/quotewell) QuoteWell is a tech-driven wholesale insurance brokerage and Managing General Agent (MGA) based in Austin, Texas. *Founded* 2021 Austin, United States **$12M** last round Oct 2025 - 35 [**Foxquilt** Foxquilt is a North American insurtech company founded in 2016, headquartered in Toronto, Ontario, with an additional office in Charlotte, North Carolina.](https://millionrounds.com/company/foxquilt) Foxquilt is a North American insurtech company founded in 2016, headquartered in Toronto, Ontario, with an additional office in Charlotte, North Carolina. *Founded* 2016 Toronto, Canada **$12M** last round Jul 2023 - 36 [**Herald** Herald builds digital infrastructure for commercial insurance.](https://millionrounds.com/company/herald) Herald builds digital infrastructure for commercial insurance. *Founded* 2021 Boston, United States **$12M** last round Oct 2024 - 37 [**Continuity** Continuity is a Paris-based company specializing in AI-powered risk intelligence for professional and commercial property and casualty (P&C) insurers.](https://millionrounds.com/company/continuity) Continuity is a Paris-based company specializing in AI-powered risk intelligence for professional and commercial property and casualty (P&C) insurers. *Founded* 2019 Paris, France **$11M** last round Jun 2024 - 38 [**Bond-Pro** Bond-Pro is a leading provider of surety automation software, offering an enterprise-grade platform that streamlines the lifecycle of commercial, bid, contract,](https://millionrounds.com/company/bond-pro) Bond-Pro is a leading provider of surety automation software, offering an enterprise-grade platform that streamlines the lifecycle of commercial, bid, contract, *Founded* 1991 Tampa, United States **$10M** last round Jan 2019 - 39 [**arqu** arqu is a tech-enabled wholesale insurance brokerage based in San Francisco, California.](https://millionrounds.com/company/arqu) arqu is a tech-enabled wholesale insurance brokerage based in San Francisco, California. *Founded* 2020 San Francisco, United States **$10M** last round Sept 2024 - 40 [**Briza** Briza is a technology company that specializes in commercial insurance solutions through its unified API.](https://millionrounds.com/company/briza) Briza is a technology company that specializes in commercial insurance solutions through its unified API. *Founded* 2016 Toronto, Canada **$8.0M** last round Feb 2021 - 41 [**District Cover** District Cover is a Nashville-based insurtech and managing general agent focused on providing flexible, data-driven commercial insurance for urban businesses.](https://millionrounds.com/company/district-cover) District Cover is a Nashville-based insurtech and managing general agent focused on providing flexible, data-driven commercial insurance for urban businesses. *Founded* 2022 Nashville, United States **$6.0M** last round Nov 2025 - 42 [**Xtract** Xtract, also known as Xtract360, is a London-based Insurtech startup founded in 2017.](https://millionrounds.com/company/xtract) Xtract, also known as Xtract360, is a London-based Insurtech startup founded in 2017. *Founded* 2017 London, Finland **$5.5M** last round May 2008 - 43 [**TaCerto.com** TaCerto.com is a Brazilian online insurance brokerage firm founded in 2011 and based in São Paulo.](https://millionrounds.com/company/tacerto-com) TaCerto.com is a Brazilian online insurance brokerage firm founded in 2011 and based in São Paulo. *Founded* 2011 Sao Paulo, Brazil **$5.0M** last round Jun 2019 - 44 [**Trivora Insurance** Trivora Insurance is a managing general agent (MGA) based in New York that specializes in commercial insurance underwriting, particularly in the area of cyber insurance.](https://millionrounds.com/company/trivora-insurance) Trivora Insurance is a managing general agent (MGA) based in New York that specializes in commercial insurance underwriting, particularly in the area of cyber insurance. *Founded* 2024 New York, United States **$4.9M** last round Jul 2026 - 45 [**Coverwatch** Coverwatch is a San Francisco-based commercial insurance brokerage that leverages AI technology to analyze business risks and connect clients with appropriate coverage.](https://millionrounds.com/company/coverwatch) Coverwatch is a San Francisco-based commercial insurance brokerage that leverages AI technology to analyze business risks and connect clients with appropriate coverage. *Founded* 2018 San Francisco, United States **$4.5M** last round Jul 2026 - 46 [**SureIn** SureIn is a Berlin-based InsurTech startup founded in 2021, specializing in digital insurance brokerage and management for small and medium-sized businesses (SM](https://millionrounds.com/company/surein) SureIn is a Berlin-based InsurTech startup founded in 2021, specializing in digital insurance brokerage and management for small and medium-sized businesses (SM *Founded* 2021 Berlin, Germany **$4.4M** last round Aug 2023 - 47 [**Diesta** Diesta is a London-based insurtech company founded in 2022 that specializes in developing custom-built payment software for the commercial insurance industry.](https://millionrounds.com/company/diesta) Diesta is a London-based insurtech company founded in 2022 that specializes in developing custom-built payment software for the commercial insurance industry. *Founded* 2022 London, United Kingdom **$4.0M** last round Oct 2024 - 48 [**Cylerity** Cylerity is a healthcare fintech company based in Madison, Wisconsin, founded in 2019.](https://millionrounds.com/company/cylerity) Cylerity is a healthcare fintech company based in Madison, Wisconsin, founded in 2019. *Founded* 2019 Madison, United States **$4.0M** last round Oct 2025 - 49 [**Highwing** Highwing is an insurance technology company that develops an open-data platform for commercial insurance brokers and carriers.](https://millionrounds.com/company/highwing) Highwing is an insurance technology company that develops an open-data platform for commercial insurance brokers and carriers. *Founded* 2018 Denver, United States **$3.3M** last round Dec 2021 - 50 [**Highstreet** HighStreet provides commercial and personal asset risk management services.](https://millionrounds.com/company/highstreet) HighStreet provides commercial and personal asset risk management services. *Founded* 2014 Edmonton, Canada **$2.5M** last round Jan 2022 **Total funding** how the list is ranked **15 November 2026** updated nightly **Rounds we track** source: Millionrounds Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list. ## Who backed them? Open any company for its rounds and investors, or search the investors who back commercial insurance startups worldwide in the app, with filters, lists and exports. 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