Insurtech Startups That Raised Funding in Usa

Roadzen Inc.

Location: Burlingame, California

Website: roadzen.ai

Funding: Secures LOI for $30 M

Date: 57 days ago

Roadzen Inc. is an AI-driven insurtech company specializing in commercial auto insurance underwriting and risk management, providing scalable capacity and leveraging its U.S. producer network to meet over $50 million in committed premium demand.

Neural Earth

Location: Miami, Florida, USA

Website: neural-earth.io

Funding: Closes $9.3M

Date: 122 days ago

Neural Earth offers an AI-powered geospatial risk intelligence platform for property and casualty insurers and real estate companies, enabling them to assess and manage climate-driven risk complexities more effectively.

Qumis

Location: Chicago, Illinois, USA

Funding: secures $4.3M

Date: 126 days ago

Qumis is an attorney-trained AI platform that delivers commercial insurance coverage intelligence, enabling insurers and brokers to analyze policy language, detect coverage gaps, and streamline underwriting and claims processes.

Qumis

Location: Chicago, USA

Website: qumis.ai

Funding: Raises $4.3M

Date: 127 days ago

Qumis is an attorney-trained AI platform delivering commercial insurance coverage intelligence, enabling insurers and brokers to quickly and accurately analyze and interpret policy terms and coverage nuances.

Equal Parts

Location: Austin, Texas

Funding: Raises $23M

Date: 135 days ago

Equal Parts is an Austin-based insurtech agency that acquires independent insurance agencies and develops AI-powered tools to extend their reach and impact, aiming to reach $1 billion in premiums within 24 months.

Advance

Location: New York, USA

Website: advancehq.com

Funding: Raises $8.55M

Date: 140 days ago

Advance is an insurtech platform for insurance intermediaries. It reduces operational friction and transforms premium payments into revenue by ensuring premium dollars are controlled and earning.

Modern Life

Location: -

Funding: Raises $20M

Date: 218 days ago

Modern Life offers an AI-driven digital platform that unifies quoting, underwriting, and case management for life insurance advisors, streamlining the policy process and significantly reducing cycle times.

Modern Life

Location: United States

Funding: Raises $20M

Date: 218 days ago

Modern Life is an AI-driven insurtech platform that streamlines life insurance underwriting and approvals, eliminating delays and providing insurers and advisors with faster decisions and unified workflows.

Anzen

Location: San Francisco, California

Funding: Raises $16M

Date: 225 days ago

Anzen provides AI-driven workflow automation and integration solutions for insurance carriers and agency management systems, streamlining operations for retail insurance agents.

Avallon

Location: New York City

Funding: Secures $4.6 M

Date: 228 days ago

Avallon is an AI-powered insurtech startup that automates insurance claims tasks—initially for workers’ compensation and automotive—enabling insurers to streamline processing and accelerate resolution times.

Avallon

Location: -

Funding: Raises $4.6M

Date: 231 days ago

Avallon offers an AI-driven claims automation platform for third-party administrators in the insurance industry, streamlining the full lifecycle of claims from intake to resolution and addressing staffing shortages and operational complexity.

EverQuote

Location: -

Funding: Raised to $40.00

Date: 231 days ago

EverQuote operates an online insurance marketplace that uses data analytics to match consumers with insurance providers, delivering personalized quotes and facilitating insurance purchases.

Avallon

Location: New York City

Funding: Secures $4.6 M

Date: 246 days ago

Avallon develops AI-powered agents that automate repetitive insurance claims tasks, streamlining processing and improving accuracy across workers’ compensation, automotive insurance, and other lines of insurance.

ClaimSorted

Location: New York, U.S. & London, UK

Funding: closes $13.3M

Date: 249 days ago

ClaimSorted is a digital claims third-party administrator that delivers a five-star policyholder experience while enabling insurers to cut operational and indemnity costs through its technology-driven platform.

Stand

Location: United States

Funding: closes $35m

Date: 252 days ago

Stand is a US-based insurtech startup offering insurance products specifically designed to cover extreme weather risks. It recently closed a $35 million Series B funding round to expand its operations from California into Florida.

ClaimSorted

Location: New York, USA and London, UK

Website: claimsorted.com

Funding: Raised $13.3 M

Date: 256 days ago

ClaimSorted is an AI-driven insurtech startup that accelerates and automates insurance claims processing, helping insurers settle claims faster and more efficiently.