# Top 50 Insurtech Startups Worldwide by Funding (2026)

> The 50 best-funded insurtech startups worldwide, ranked by total funding raised: $21B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Devoted Health** Devoted Health is a technology-driven healthcare company founded in 2017 by brothers Todd and Ed Park.](https://millionrounds.com/company/devoted-health) Devoted Health is a technology-driven healthcare company founded in 2017 by brothers Todd and Ed Park. *Founded* 2017 Waltham, United States **$2.1B** last round Nov 2026
- 2 [**Angle Health** Angle Health is a modern health insurance platform founded in 2019 and based in San Francisco, CA.](https://millionrounds.com/company/angle-health) Angle Health is a modern health insurance platform founded in 2019 and based in San Francisco, CA. *Founded* 2019 San Francisco, United States **$1.2B** last round Sept 2026
- 3 [**Talanx AG**](https://millionrounds.com/company/talanx-ag) *Founded* - Germany **$1.2B** last round Apr 2026
- 4 [**Bright Health**](https://millionrounds.com/company/bright-health) *Founded* 2015 United States **$1.1B** last round Dec 2019
- 5 [**Cambridge Mobile Telematics** Cambridge Mobile Telematics (CMT) is the largest telematics service provider globally, founded in 2010 by two MIT professors.](https://millionrounds.com/company/cambridge-mobile-telematics) Cambridge Mobile Telematics (CMT) is the largest telematics service provider globally, founded in 2010 by two MIT professors. *Founded* 2010 Cambridge, United States **$853M** last round Mar 2026
- 6 [**PolicyBazaar**](https://millionrounds.com/company/policybazaar) *Founded* 2008 Gurgaon, India **$845M** last round Nov 2019
- 7 [**Alan** Alan is a prominent digital health partner based in France, recognized as the first new licensed health insurance company in the country since 1986.](https://millionrounds.com/company/alan) Alan is a prominent digital health partner based in France, recognized as the first new licensed health insurance company in the country since 1986. *Founded* 2016 Paris, France **$733M** last round Jun 2026
- 8 [**Root Insurance** Root® does car insurance differently.](https://millionrounds.com/company/root-insurance) Root® does car insurance differently. *Founded* - Columbus, United States **$701M** last round Oct 2024
- 9 [**Lemonade** Lemonade is a digital insurance company that uses artificial intelligence and behavioral economics.](https://millionrounds.com/company/lemonade) Lemonade is a digital insurance company that uses artificial intelligence and behavioral economics. *Founded* 2015 New York, Brazil **$637M** last round Jun 2026
- 10 [**Next Insurance** Next Insurance is a digital insurance company specializing in coverage for entrepreneurs and small businesses.](https://millionrounds.com/company/next-insurance) Next Insurance is a digital insurance company specializing in coverage for entrepreneurs and small businesses. *Founded* 2016 Waltham, United States **$627M** last round Nov 2023
- 11 [**Hippo Insurance** Hippo Insurance is an InsurTech company that uses technology to help homeowners maintain their properties.](https://millionrounds.com/company/hippo-insurance) Hippo Insurance is an InsurTech company that uses technology to help homeowners maintain their properties. *Founded* 2015 San Jose, United States **$620M** last round Aug 2021
- 12 [**Wilton Re** Wilton Re is a U.S.-based life reinsurance company founded in 2004, specializing in acquiring and managing in-force blocks of life insurance and annuity policies.](https://millionrounds.com/company/wilton-re) Wilton Re is a U.S.-based life reinsurance company founded in 2004, specializing in acquiring and managing in-force blocks of life insurance and annuity policies. *Founded* 2004 Norwalk, United States **$600M** last round Dec 2004
- 13 [**Zenefits** Zenefits was founded to take the administrative heartache out of getting healthcare.](https://millionrounds.com/company/zenefits) Zenefits was founded to take the administrative heartache out of getting healthcare. *Founded* - San Francisco, United States **$584M** last round Oct 2021
- 14 [**Foundation Risk Partners** Foundation Risk Partners is born of decades of insurance expertise and leadership.](https://millionrounds.com/company/foundation-risk-partners) Foundation Risk Partners is born of decades of insurance expertise and leadership. *Founded* 2017 Daytona Beach, United States **$565M** last round Sept 2023
- 15 [**High Street Insurance Partners** High Street Insurance Partners is an insurance agency that offers personal insurance and business insurance services.](https://millionrounds.com/company/high-street-insurance-partners) High Street Insurance Partners is an insurance agency that offers personal insurance and business insurance services. *Founded* 2018 Traverse City, United States **$550M** last round Aug 2025
- 16 [**Kin Insurance** Kin Insurance is an insurtech company that offers personalized home insurance policies.](https://millionrounds.com/company/kin-insurance) Kin Insurance is an insurtech company that offers personalized home insurance policies. *Founded* 2016 Chicago, United States **$513M** last round May 2026
- 17 [**Metromile** Metromile is a car insurance company using data science and machine learning to offer drivers new and fairer insurance.](https://millionrounds.com/company/metromile) Metromile is a car insurance company using data science and machine learning to offer drivers new and fairer insurance. *Founded* 2011 San Francisco, United States **$466M** last round Feb 2021
- 18 [**Palomar** Palomar is an innovative insurer that focuses on the provision of specialty property insurance.](https://millionrounds.com/company/palomar) Palomar is an innovative insurer that focuses on the provision of specialty property insurance. *Founded* 2014 La Jolla, United States **$450M** last round Feb 2026
- 19 [**SBI General Insurance** SBI General Insurance Company Limited, founded in 2009 and operational since 2010, is a leading private general insurer in India.](https://millionrounds.com/company/sbi-general-insurance) SBI General Insurance Company Limited, founded in 2009 and operational since 2010, is a leading private general insurer in India. *Founded* 2009 Mumbai, India **$432M** last round Oct 2019
- 20 [**Fidelis Insurance** Fidelis Insurance is a property and casualty (re)insurance start up.](https://millionrounds.com/company/fidelis-insurance) Fidelis Insurance is a property and casualty (re)insurance start up. *Founded* 2015 London, United Kingdom **$400M** last round Jun 2025
- 21 [**Pie Insurance** Pie Insurance is a Denver-based insurtech company founded in 2017 that specializes in providing workers’ compensation insurance to small businesses across 39 st](https://millionrounds.com/company/pie-insurance) Pie Insurance is a Denver-based insurtech company founded in 2017 that specializes in providing workers’ compensation insurance to small businesses across 39 st *Founded* 2017 Washington, United States **$360M** last round Apr 2026
- 22 [**Alice**](https://millionrounds.com/company/alice) *Founded* - United States **$329M** last round Oct 2026
- 23 [**Darag**](https://millionrounds.com/company/darag) *Founded* - Malta **$304M** last round Jul 2018
- 24 [**SPARTA Insurance** SPARTA's Policy Administration System is a state of the art, Web-based,.NET vendor developed.](https://millionrounds.com/company/sparta-insurance) SPARTA's Policy Administration System is a state of the art, Web-based,.NET vendor developed. *Founded* 2007 United States **$279M** last round Aug 2007
- 25 [**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
- 26 [**Ledgebrook** Ledgebrook is a technology-enabled Managing General Agent (MGA) based in Boston, Massachusetts, specializing in Excess and Surplus (E&S) lines of insurance.](https://millionrounds.com/company/ledgebrook) Ledgebrook is a technology-enabled Managing General Agent (MGA) based in Boston, Massachusetts, specializing in Excess and Surplus (E&S) lines of insurance. *Founded* 2021 Needham, United States **$265M** last round Oct 2026
- 27 [**Omni** Omni Metalcraft provides conveyors, replacement rollers, and components to manufacturing industries.](https://millionrounds.com/company/omni) Omni Metalcraft provides conveyors, replacement rollers, and components to manufacturing industries. *Founded* 1976 Alpena, United States **$244M** last round Nov 2026
- 28 [**Tulip**](https://millionrounds.com/company/tulip) *Founded* - United States **$231M** last round Jan 2026
- 29 [**Collective**](https://millionrounds.com/company/collective) *Founded* - United States **$219M** last round Oct 2026
- 30 [**Bestow** Bestow is a Dallas-based insurtech and financial software company that specializes in providing a B2B technology platform for the life insurance and annuity industry.](https://millionrounds.com/company/bestow) Bestow is a Dallas-based insurtech and financial software company that specializes in providing a B2B technology platform for the life insurance and annuity industry. *Founded* 2017 Dallas, United States **$205M** last round May 2025
- 31 [**Cover Genius** Cover Genius provides an insurance distribution platform designed to protect the customers of e-commerce companies.](https://millionrounds.com/company/cover-genius) Cover Genius provides an insurance distribution platform designed to protect the customers of e-commerce companies. *Founded* - Australia **$201M** last round Jul 2026
- 32 [**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
- 33 [**Wefox**](https://millionrounds.com/company/wefox) *Founded* - Germany **$199M** last round Jul 2025
- 34 [**Navi** Navi is a rapidly growing financial services company based in India, founded in 2018 by Sachin Bansal and Ankit Agarwal.](https://millionrounds.com/company/navi) Navi is a rapidly growing financial services company based in India, founded in 2018 by Sachin Bansal and Ankit Agarwal. *Founded* 2018 Bengaluru, India **$199M** last round Oct 2026
- 35 [**Candid Health** Candid Health is a revenue cycle automation platform that aims to simplify medical billing for healthcare providers.](https://millionrounds.com/company/candid-health) Candid Health is a revenue cycle automation platform that aims to simplify medical billing for healthcare providers. *Founded* 2019 San Francisco, United States **$173M** last round Aug 2026
- 36 [**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
- 37 [**Reserv** Reserv is a technology-enabled Third-Party Administrator (TPA) and insurtech firm that specializes in modernizing Property and Casualty (P&C) insurance claims processing.](https://millionrounds.com/company/reserv) Reserv is a technology-enabled Third-Party Administrator (TPA) and insurtech firm that specializes in modernizing Property and Casualty (P&C) insurance claims processing. *Founded* 2022 New York, United States **$166M** last round May 2026
- 38 [**PolicyGenius** Policygenius is an online insurance tech company that specializes in providing life, home, and auto insurance.](https://millionrounds.com/company/policygenius) Policygenius is an online insurance tech company that specializes in providing life, home, and auto insurance. *Founded* 2014 Topeka, United States **$161M** last round Mar 2022
- 39 [**Singapore Life**](https://millionrounds.com/company/singapore-life) *Founded* - Singapore **$153M** last round Jul 2019
- 40 [**Ladder** Full-funnel growth marketing powered by a custom growth technology.](https://millionrounds.com/company/ladder) Full-funnel growth marketing powered by a custom growth technology. *Founded* 2014 New York, United States **$151M** last round Apr 2025
- 41 [**Thatch** Thatch is a health benefits platform that combines financial technology and insurance services.](https://millionrounds.com/company/thatch) Thatch is a health benefits platform that combines financial technology and insurance services. *Founded* 2021 San Francisco, United States **$151M** last round Sept 2026
- 42 [**Enhance Health** Enhance Health is a technology-enabled digital health insurance brokerage and care navigation platform founded in 2021.](https://millionrounds.com/company/enhance-health) Enhance Health is a technology-enabled digital health insurance brokerage and care navigation platform founded in 2021. *Founded* 2021 Clearwater, United States **$150M** last round Jul 2026
- 43 [**Curative** Curative is a health insurance company based in Austin, Texas, founded in January 2020 by Fred Turner and Isaac Turner.](https://millionrounds.com/company/curative) Curative is a health insurance company based in Austin, Texas, founded in January 2020 by Fred Turner and Isaac Turner. *Founded* 2020 Austin, United States **$150M** last round Dec 2025
- 44 [**Zego** Zego is a property management automation company founded in 2003 and is now a subsidiary of Global Payments.](https://millionrounds.com/company/zego) Zego is a property management automation company founded in 2003 and is now a subsidiary of Global Payments. *Founded* 2016 London, United Kingdom **$150M** last round Apr 2026
- 45 [**Bolttech** bolttech is an international insurtech company based in Singapore, founded in 2020.](https://millionrounds.com/company/bolttech) bolttech is an international insurtech company based in Singapore, founded in 2020. *Founded* 2020 Singapore, Singapore **$147M** last round Jun 2025
- 46 [**Wefox Group**](https://millionrounds.com/company/wefox-group) *Founded* - Germany **$145M** last round Mar 2019
- 47 [**Ethos** Ethos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on various social and environmental is](https://millionrounds.com/company/ethos) Ethos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on various social and environmental is *Founded* 2019 Minneapolis, United Kingdom **$143M** last round May 2026
- 48 [**Federato** Federato is an AI-native underwriting platform designed for the property and casualty (P&C) insurance industry.](https://millionrounds.com/company/federato) Federato is an AI-native underwriting platform designed for the property and casualty (P&C) insurance industry. *Founded* 2020 San Francisco, United States **$140M** last round Nov 2025
- 49 [**Shuidihuzhu**](https://millionrounds.com/company/shuidihuzhu) *Founded* - China **$140M** last round Jun 2019
- 50 [**Partners Life** Partners Life is a provider of life insurance, income protection, medical insurance, disability insurance, trauma cover and risk protection.](https://millionrounds.com/company/partners-life) Partners Life is a provider of life insurance, income protection, medical insurance, disability insurance, trauma cover and risk protection. *Founded* 2010 Takapuna, New Zealand **$136M** last round May 2016

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More insurance lists

[See all](https://millionrounds.com/top-lists?t=Insurance)

[*TA* *A* *FI* **Insurtech startups in Europe** 136 companies · $5.4B](https://millionrounds.com/top-lists/insurtech-startups-europe)

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