Tag: US

Texas-based insurance distribution and underwriting company MarketScout have launched a $25m InsurTech-focused fund.

On-demand insurance provider Slice Labs has received a new funding round from Munich Re / HSB Ventures, to help with the product’s launch in the US.

SME lending platform Kabbage has received a $250m investment from a subsidiary of SoftBank Group.

Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Hong Kong-based family office Fung Capital and Forerunner Ventures also participated.

On-demand insurance startup Trov has secured $45m in a Series D round led by Munich Re / HSB Ventures. The company says all of its Series C round investors participated in the round.

Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup with $60m in funding.

Insurance data and machine learning platform Groundspeed Analytics has closed a $2m Series A round. InsurTech and FinTech investor ManchesterStory led the round.

Automated mortgage marketplace Morty has raised $3m in a Seed round led by Thrive Capital. SV Angel, FJ Labs, Corigin Ventures, MetaProp, Techstars and angel investors also participated.

Stocks trading app Robinhood is the latest FinTech startup to reach a $1bn-plus ‘unicorn’ valuation after raising a fresh round of funding.

HR and benefits platform for Decisely has raised $60m in a funding round from Two Sigma Private Investments and EPIC Insurance Brokers and Consultants, a Carlyle Group portfolio company.