The following two graphs summarize the rounds of funding going into the Insurance Technology space. Please note these graphics are made using data through July 2017.
The graph above shows the total amount of VC funding broken out by round. From 2011 to 2016, we saw a steep increase in the overall sector funding, with the total amount peaking in 2015 and declining thereafter. Series A and Series C funding rounds made up most of the funding amount.
The graph above shows the total count of funding events broken out by round. From 2006 to 2016 we’ve seen a general upward trend that peaked in 2015 and then declined slightly in 2016. Earlier stage funding such as Seed and Series A events make up the majority of funding event counts.
We are currently tracking 1364 Insurance Technology companies in 14 categories across 61 countries, with a total of $18.9B in funding. Click here to learn more about the full Insurance Technology market report.