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Insuretech is the playground for the cool kids of insurance right now, and these startups are raising cash like it’s going out of style! Think AI-powered underwriting, blockchain-based claims, and even a helping hand for seniors and special-needs kids. With recent funding in the millions (and sometimes more!), these companies are on a mission to shake up traditional insurance and make life better for us all. Let’s dive into 10 of the top insuretechs that just scored big in their funding rounds—and are about to change the game!
10. Koltin – Keeping Seniors Safe and Secure 💪
Raised: $7.3M
Sector: Healthcare for seniors
Where: Mexico
Backstory: When Eduardo Ortiz and Carmen Rosillo’s grandparents were denied private health insurance, they decided to do something about it. Fast forward to today, and Koltin is a leading insuretech offering private health insurance for seniors in Mexico. Thanks to a $7.3M Series A round, Koltin is on a mission to make aging safer and healthier for Mexican families. It’s all about personalized health plans and real, meaningful care.
9. Juno – Kid-Centered Coverage 💡
Raised: $8.5M
Sector: Child disability
Where: U.S.
The Buzz: Juno is the first company in the U.S. to offer child disability insurance—how cool is that? Parents can now get up to $1M in tax-free cash to help cover lost income or medical expenses for their special-needs children. Juno’s $8.5M funding round means they’re expanding their reach and giving companies a whole new way to offer this groundbreaking benefit to employees. Game changer for families everywhere!
8. CarePay – Healthcare Meets AI 🧠
Raised: €10M
Sector: Health insurance
Where: Global
Big Idea: CarePay is like the future of health insurance all rolled up into one—using data and AI to cut costs and make healthcare way more efficient. They just raised €10M to take their innovative health insurance platform global, helping insurers and insured people alike navigate the tricky world of healthcare with ease. Ready for the future of health data? CarePay’s already there.
7. Onsurity – Big Benefits for the Little Guys 💼
Raised: $21M
Sector: Employee benefits
Where: India
What’s New: Onsurity, India’s insuretech rockstar for SMEs, is leveling up with a fresh $21M investment, capping off a massive $45M Series B round. Their mission? To give small businesses big-company healthcare benefits, like hospitalization coverage and at-home care, all through sleek digital products. By 2026, Onsurity wants to expand to 50,000 companies. Ambitious much? You bet!
6. Companion Protect – Health Insurance for Furry Friends 🐾
Raised: $20.25M
Sector: Pet insurance
Where: U.S.
For the Love of Pets: Companion Protect is all about keeping our fur babies healthy, and they just raised another $20.25M to expand their pet insurance offerings. Think top-tier health plans for pets, plus partnerships with major insurers. Whether it’s regular vet visits or life-saving surgeries, Companion Protect’s got it covered—because pets make us happy, and they deserve the best care!
5. Nirvana – Cracking the Code on Healthcare Insurance 🧩
Raised: $24.2M
Sector: Health tech
Where: U.S.
Why It Matters: Let’s face it—figuring out your insurance eligibility can feel like solving a Rubik’s Cube. That’s where Nirvana comes in, using machine learning to simplify and clarify the whole process. They just pulled in $24.2M to make insurance verification easier for patients and providers alike. Goodbye confusion, hello transparency!
4. NEAT Protect – Insurance, Embedded Everywhere 🔗
Raised: €50M
Sector: Embedded insurance
Where: Paris
The Gist: NEAT Protect is sneaking insurance into places you’d never expect—like when you’re checking out online or booking a service. With a fresh €50M in Series A funding, they’re on a mission to make insurance a seamless, built-in part of your everyday life. Embedded insurance is the future, and NEAT’s already making it happen.
3. Gradient AI – Supercharging Insurance with AI ⚡
Raised: $56.1M
Sector: AI for insurance
Where: U.S.
What’s the Scoop: Gradient AI is using artificial intelligence to help insurers assess risks better, automate processes, and save money. Their latest $56.1M Series C round will be used to push product development and help insurers get even smarter about managing risk. AI isn’t just a buzzword here; it’s transforming the insurance landscape. Get ready to see more of it!
2. Centivo – Affordable Healthcare for Employees 🏥
Raised: $75M
Sector: Employee benefits
Where: U.S.
Why You’ll Care: Centivo’s healthcare plans are helping U.S. companies save up to 15% on healthcare costs, while also cutting down on employees’ out-of-pocket expenses. With a massive $75M in new funding, Centivo is ready to expand its radically affordable healthcare plans even further. It's healthcare, but smarter.
1. Akur8 – Reinventing Insurance Pricing 🧮
Raised: $120M
Sector: Pricing
Where: Global
The Big Picture: Akur8 is leading the charge in AI-driven insurance pricing, and they just secured a jaw-dropping $120M in Series C funding. Their platform uses machine learning to help insurers price policies faster, more accurately, and with way more transparency. From global expansion to new product rollouts, Akur8 is rewriting the rulebook on insurance pricing—and the industry is paying attention.
With these 10 insuretechs leading the way, the insurance world is getting a whole lot more exciting, innovative, and—dare we say—fun. Whether it's protecting your pets, keeping your healthcare affordable, or making sure your grandparents get the coverage they deserve, these companies are taking insurance to the next level. Stay tuned, because the future of insurance has never looked brighter! 🌟
