Insurance Technology Funding Trends - Q3 2017

Venture Scanner

The following graphs highlight recent trends in Insurance Technology startup funding activity. The graphics include data through July 2017.

Insurance Technology Funding by Year

The above graph summarizes the total funding raised by Insurance Tech startups for each year. 2014 has the most funding to date at around $6.5B. 

Insurance Technology Funding by Vintage Year

The above graph summarizes the total amount of funding raised by Insurance Tech companies founded in a certain year. Companies founded in 2013 have raised the most funding at around $3.25B.

We are currently tracking 1381 Insurance Tech companies in 14 categories across 61 countries, with a total of $19.1 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Activity by Selected Investors - Q3 2017

Venture Scanner

The following graph summarizes investor activity in the Insurance Technology space. These graphics are made using data through July 2017.

Insurance Technology Activity by Selected Investors

The above analysis summarizes the total number of investment rounds Insurance Technology investors participated in, and the number of unique companies funded by selected investors. Major investors include 500 Startups, First Round, NEA, GV, and Sequoia Capital.

We are currently tracking 1365 Insurance Technology companies in 14 categories across 61 countries, with a total of $18.8 Billion in funding. Click here to learn more about the full Insurance Technology market report. 

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Insurance Technology Funding by Round - Q3 2017

Venture Scanner

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.

Insurance Technology Funding Amount by Round

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.

Insurance Technology Funding Count by Round

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.

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Insurance Technology Exits by Category and by Year - Q3 2017

Venture Scanner

The following graphs highlight the exit activity in the Insurance Technology sector. The graphics include data through July 2017.

Insurance Technology Exit Activity by Category

The above graph summarizes the number of exits (acquisitions and IPOs) in each Insurance Technology category. The Insurance Infrastructure category leads the sector with 36 acquisitions and 3 IPOs. The Insurance Comparison category is the runner-up with 18 acquisitions and 7 IPOs.

Insurance Technology Exit Activity by Year

The above graph summarizes the number of exits (acquisitions and IPOs) in Insurance Technology by year. 2016 currently leads the sector with 37 acquisitions. 2015 and 2017 are the runner-ups with 18 acquisitions each.

We are currently tracking 1347 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.

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Venture Investing in Insurance Technology - Q3 2017

Venture Scanner

The following graphs highlight venture investing trends into the Insurance Technology (Insurtech) sector. The graphics include data through July 2017.

Insurtech Q3 2017 Venture Investing

The above graph compares the total venture funding in each Insurtech category to the number of companies in the category. The Health Insurance category leads in funding at just under $10B. The category with the most startups is Insurance Comparison, with around 375.

Insurtech Q3 2017 Category Average Funding

The above analysis summarizes the average company funding in each Insurtech category. The Life, Home, and P&C Insurance category leads the sector with over $200M in average funding per company, followed by the Auto Insurance and Health Insurance categories.

We are currently tracking 1,333 Insurtech companies in 14 categories across 61 countries, with a total of $19 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Average and Median Age by Insurance Technology Category - Q3 2017

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The following graph shows average and median age in the Insurance Technology sector. The graphic includes data through July 2017.

Insurance Technology Age by Category

The above graph summarizes the average age and median age of companies in each Insurance Technology category. The Reinsurance category ranks as the most mature Insurance Technology category with an average age of 22 years and a median age of 17 years. The Life, Home, P&C Insurance category comes in as the second oldest category, with an average age and a median age of 13 years for each.

We are currently tracking 1333 Insurance Technology companies in 14 categories across 61 countries, with a total of $18.9 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Where in the world are Insurance Technology startups? Q3 2017

Venture Scanner

The analyses below summarize where Insurance Technology (Insurtech) innovations are occurring. The graphic includes data through July 2017.

Insurtech Company Count by Country Q3 2017

The above map shows the number of Insurtech companies located in different countries. The United States ranks as the top country with around 700 companies.

Insurtech VC Funding by Country Q3 2017

The above map shows the amount of total Insurtech startup venture capital funding in different countries. The United States has the most VC funding at around $9B.

We are currently tracking 1,512 Insurteech companies in 14 categories across 61 countries, with a total of $19B in funding. Click here to learn more about the full Insurance Technology market report. 

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Insurance Technology Market Overview and Innovation Quadrant - Q3 2017

Venture Scanner

The following post highlights how Venture Scanner categorizes the Insurance Technology (Insurtech) startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through July 2017.

Insurtech Logo Map Q3 2017

The above sector map organizes the sector into 14 categories and shows a sampling of companies in each category.

Insurtech Innovation Quadrant Q3 2017

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Insurtech categories and how they compare with one another.

Heavyweights: These categories are comprised of companies that have reached maturity with significant financing.
Established: These categories are comprised of companies that have reached maturity with less financing.
Disruptors: These categories are comprised of companies that are less mature with significant financing.
Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the Insurtech...

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Insurance Technology Startup Market Trends and Insights  – Q3 2017

Venture Scanner

Here is our Q3 2017 summary report on the Insurance Technology (insurtech) startup sector. The following report includes a startup landscape overview, graphical trends with insights, and recent funding and exit events.

Insurtech Q3 2017 Report

Insurtech Q3 2017 Report Outline

Insurtech Q3 2017 Sector Overview

Insurtech Q3 2017 Logo Map

Insurtech Q3 2017 Innovation Quadrant

Insurtech Q3 2017 Categories 1

Insurtech Q3 2017 Categories 2

Insurtech Q3 2017 Sector Trends

Insurtech Q3 2017 Venture Investing

Insurtech Q3 2017 Funding by Year

Insurtech Q3 2017 Funding Amount by Round

Insurtech Q3 2017 Funding by Vintage Year

Insurtech Q3 2017 Company Count by Country

Insurtech Q3 2017 Investor Activity

Insurtech Q3 2017 Exit Activity

Insurtech Q3 2017 Recent Events

Insurtech Q3 2017 Recent Funding Stats

Insurtech Q3 2017 Recent Funding Events

19 - Insurtech Q3 2017 Recent Exit Events

Insurtech Q3 2017 About Venture Scanner

Insurtech Q3 2017 Venture Scanner Value

Insurtech Q3 2017 Venture Scanner Contact

We are currently tracking 1,316 Insurtech companies in 14 categories across 61 countries, with a total of $19 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Companies Founded by Year - Q3 2017

Venture Scanner

The following graph shows the founding year distribution in the Insurance Technology sector. The graphic includes data through April 2017.

Insurance Technology Companies Founded by Year

The above graph summarizes the number of Insurance Technology companies founded in a certain year. 2015 ranks at the top with around 123 companies founded in that year alone. 2014 is the runner-up with around 120 companies founded in that year.

We are currently tracking 1317 Insurance Technology companies in 14 categories across 61 countries with a total of $18.8 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Funding Trends - Q3 2017

Venture Scanner

The following graphs highlight recent trends in Insurance Technology startup funding activity. The graphics include data through April 2017.

Insurtech Funding by Year

The above graph summarizes the total funding raised by Insurance Tech startups for each year. 2014 has the most funding to date at around $6.5B. 

Insurtech Funding by Vintage Year Q3 2017

The above graph summarizes the total amount of funding raised by Insurance Tech companies founded in a certain year. Companies founded in 2013 have raised the most funding at around $3.25B.

We are currently tracking 1,305 Insurance Tech companies in 14 categories across 62 countries, with a total of $19 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Funding by Round - Q2 2017

Venture Scanner

The following two graphs summarize the rounds of funding going into the Insurance Technology space. Please note these graphics are made using data through April 2017.

Insurance Technology Funding Amount by Round

The graph above shows the total amount of VC funding broken out by round. In recent years, we’ve seen a large increase in the amount of Series A and Series C funding events. The amount of Series B and Series D funding events have seen some growth as well.

Insurance Technology Funding Count by Round

The graph above shows the total count of funding events broken out by round. We’ve seen a general upward trend which peaked in 2015 and then declined a bit. Earlier stage deals (Seed, Series A, Series B) have seen the largest growth in the number of funding events.

We are currently tracking 1292 Insurance Technology companies in 14 categories across 62 countries, with a total of $18.7 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Activity by Selected Investors through Q2 2017

Venture Scanner

The following graph summarizes investor activity in the Insurance Technology space. These graphics are made using data through April 2017.

Insurtech Investor Activity Q2 2017

The above analysis summarizes the total number of investment rounds Insurance Technology investors participated in, and the number of unique companies funded by selected investors. Major investors include 500 Startups, First Round, NEA, GV, and Index Ventures.

We are currently tracking 1,284 Insurance Technology companies in 14 categories across 62 countries, with a total of $19 Billion in funding. Click here to learn more about the full Insurance Technology market report. 

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Insurance Technology Exits by Category and by Year - Q2 2017

Venture Scanner

The following graphs highlight the exit activity in the Insurance Technology sector. The graphics include data through April 2017.

Exit Activity by Category in Insurance Category

The above graph summarizes the number of exits (acquisitions and IPOs) in each Insurance Technology category. The Insurance Backend category leads the sector with 28 acquisitions and 4 IPOs. The Insurance Comparison category is the runner-up with 17 acquisitions and 7 IPOs.

Exit Activity by Year in Insurance Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in Insurance Technology by year. 2016 currently leads the sector with 33 acquisitions. 2014 and 2015 are the runner-ups with 15 exits each.

We are currently tracking 1281 Insurance Technology companies in 14 categories across 62 countries, with a total of $18.5B in funding. Click here to learn more about the full Insurance Technology market report.

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Venture Investing in Insurance Technology through Q2 2017

Venture Scanner

The following graphs highlight venture investing trends into the Insurance Technology (Insurtech) sector. The graphics include data through April 2017.

Insurtech Venture Investing Q2 2017

The above graph compares the total venture funding in each Insurtech category to the number of companies in the category. The Health Insurance category leads in total funding with over $9B. The Insurance Comparison category has the most startups at around 350.  

Insurtech Category Average Funding Q2 2017

The above analysis summarizes the average company funding in each Insurtech category. The Life, Home, and P&C Insurance category leads the sector with just over $250M in average funding per company, followed by the Auto Insurance and Health Insurance categories.

We are currently tracking 1,266 Insurtech companies in 14 categories across 62 countries, with a total of $18B in funding. Click here to learn more about the full Insurance Technology market report. 

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Average and Median Age by Insurance Technology Category - Q2 2017

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The following graph shows average and median age in the Insurance Technology sector. The graphic includes data through April 2017.

Average and Median Age by InsurTech Category

The above graph summarizes the average age and median age of companies in each Insurance Technology category. The Reinsurance category ranks as the most mature Insurance Technology category with an average age of 21 years and a median age of 16 years. The Life, Home, P&C Insurance category comes in as the second oldest category, with an average age and a median age of 14 years for each.

We are currently tracking 1256 Insurance Technology companies in 14 categories across 62 countries, with a total of $18.2 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Where in the world are Insurance Technology startups? Q2 2017

Venture Scanner

The analyses below summarize where Insurance Technology (Insurtech) innovations are occurring. The graphic includes data through April 2017.

Insurtech Company Count by Country Q2 2017

The above map shows the number of Insurtech companies located in different countries. The United States ranks as the top country with around 675 companies.

Insurtech VC Funding by Country Q2 2017

The above map shows the amount of total Insurtech startup venture capital funding in different countries. The United States has the most VC funding at around $8B.

We are currently tracking 1,234 Insurtech companies in 14 categories across 61 countries, with a total of $18B in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Companies Founded by Year - Q2 2017

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The following graph shows the founding year distribution in the Insurance Technology sector. The graphic includes data through April 2017.

Insurance Technology Companies Founded by Year

The above graph summarizes the number of Insurance Technology companies founded in a certain year. 2015 ranks at the top with around 123 companies founded in that year alone. 2014 is the runner-up with around 120 companies founded in that year.

We are currently tracking 1232 Insurance Technology companies in 14 categories across 61 countries with a total of $18 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Startup Market Trends and Insights  - Q2 2017

Venture Scanner

Here is our Q2 2017 summary report on the Insurance Technology startup sector. The following report includes a startup landscape overview, graphical trends and insights, and recent funding and exit events.

Insurtech Q2 2017 Startup Market Report

Insurtech Q2 2017 Report Outline

Insurtech Q2 2017 Sector Description

Insurtech Q2 2017 Logo Map

Insurtech Q2 2017 Innovation Quadrant

Insurtech Q2 2017 Categories 1

Insurtech Q2 2017 Categories 2

Insurtech Q2 2017 Market Trends

Insurtech Q2 2017 Venture Investing

Insurtech Q2 2017 Funding by Year

Insurtech Q2 2017 Funding Amount by Round

Insurtech Q2 2017 Funding by Vintage Year

Insurtech Q2 2017 Company Count by Country

Insurtech Q2 2017 Investor Activity

Insurtech Q2 2017 Exits by Year

Insurtech Q2 2017 Quarterly Events

Insurtech Q2 2017 Recent Event Stats

Insurtech Q2 2017 Recent Funding Events

Insurtech Q2 2017 Recent Exit Events

Insurtech Q2 2017 About Venture Scanner

Insurtech Q2 2017 Venture Scanner Value

Insurtech Q2 2017 Venture Scanner Contact

We are currently tracking 1,220 Insurance Technology companies in 14 categories across 61 countries, with a total of $18 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Market Overview and Innovation Quadrant - Q2 2017

Venture Scanner

The following post highlights how Venture Scanner categorizes the Insurance Technology startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through April 2017.

Insurtech Logo Map Q2 2017

The above sector map organizes the sector into 14 categories and shows a sampling of companies in each category.

Insurtech Innovation Quadrant Q2 2017

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Insurance Technology categories and how they compare with one another.

Heavyweights: These categories are comprised of companies that have reached maturity with significant financing.
Established: These categories are comprised of companies that have reached maturity with less financing.
Disruptors: These categories are comprised of companies that are less mature with significant financing.
Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the Insurance...

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Insurance Technology Funding Trends - Q2 2017

Venture Scanner

The following graphs highlight recent trends in Insurance Technology (insurtech) startup funding activity. The graphics include data through January 2017.

Insurtech Funding by Year Q2 2017

The above graph summarizes the total funding raised by Insurtech startups for each year. 2014 is the best year with over $6B in funding. 2015 comes in at second with just under $4B in funding.

Insurtech Funding by Vintage Year Q2 2017

The above graph summarizes the total amount of funding raised by Insurtech companies founded in a certain year. Companies founded in 2013 have raised the most funding at just over $3B.

We are currently tracking 1,201 Insurtech companies in 14 categories across 61 countries, with a total of $18 Billion in funding. Click here to learn more about the full Insurance Technology report.

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Insurance Technology Funding by Round - Q1 2017

Venture Scanner

The following two graphs summarize the rounds of funding going into the Insurance Technology space. Please note these graphics are made using data through January 2017.

Insurance Technology Funding Amount by Round

The graph above shows the total amount of VC funding broken out by round. In recent years, we’ve seen a large increase in the amount of Series A and Series C funding events. The amount of Series B and Series D funding events have seen some growth as well.

Insurance Technology Funding Count by Round

The graph above shows the total count of funding events broken out by round. We’ve seen a general upward trend which peaked in 2015 and then declined a bit. Earlier stage deals (Seed, Series A, Series B) have seen the largest growth in the number of funding events.

We are currently tracking 1185 Insurance Technology companies in 14 categories across 60 countries, with a total of $17.8 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Activity by Selected Investors - Q1 2017

Venture Scanner

The following graph summarizes the investor activity in the Insurance Technology space. Please note these graphics are made using data through January 2017.

Insurance Technology Investor Activity Q1 2017

The above analysis summarizes the total number of investment rounds Insurtech investors participated in, and the number of unique companies funded by selected investors. 500 Startups takes the lead in both metrics, with 16 total investments into the space and over 15 companies backed. Other major investors include New Enterprise Associates, First Round Capital, and Index Ventures.

We are currently tracking 1,169 Insurance Technology companies in 14 categories across 58 countries, with a total of $18 Billion in funding. Click here to learn more about the full Insurance Technology market report.

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Insurance Technology Exits by Category and by Year - Q1 2017

Venture Scanner

The following graphs highlight the exit activity in the Insurance Technology sector. The graphics include data through January 2017.

Exit Activity by Category in Insurance Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in each Insurance Technology category. The Insurance Infrastructure/Backend category leads the sector with 20 acquisitions and 4 IPOs. The Insurance Comparison category is the runner-up with 14 acquisitions and 7 IPOs.

Exit Activity by Year in Insurance Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in Insurance Technology by year. 2016 currently leads the sector with 22 acquisitions. 2014 is the runner-up with 10 acquisitions and 3 IPOs.

We are currently tracking 1145 Insurance Technology companies in 14 categories across 57 countries, with a total of $17.5B in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Venture Investing in Insurance Technology – Q1 2017

Venture Scanner

The following graphs highlight venture investing trends into the Insurance Technology (Insurtech) sector. The graphics include data through January 2017.

Insurance Technology Venture Investing

The above graph compares the total venture funding in each Insurtech category to the number of companies in the category. The Health/Travel category is leading in funding, with just over $9B. Insurance Comparison takes the lead in company count, at around 280.

Insurance Technology Average Funding by Category

The above analysis summarizes the average company funding in each Insurtech category. The Life, Home, and P&C category leads the sector with around $300M in average funding per company, followed by the Auto Insurance and Health categories.

We are currently tracking 1,102 Insurance Technology companies in 14 categories across 54 countries, with a total of $17B in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Average and Median Age by Insurance Technology Category - Q1 2017

Venture Scanner

The following graph shows average and median age in the Insurance Technology sector. The graphic includes data through January 2017.

Average and Median Age by Insurance Category

The above graph summarizes the average age and median age of companies in each Insurance Technology category. The Reinsurance category ranks as the most mature Insurance Technology category with an average age of 23 years and a median age of 16 years. The Life, Home, P&C Insurance category comes in as the second oldest category, with an average age of 14 years and a median age of 15 years.

We are currently tracking 1101 Insurance Technology companies in 14 categories across 54 countries, with a total of $17.4 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Where in the world are Insurance Technology startups? - Q1 2017

Venture Scanner

The analyses below summarize where Insurance Technology innovations are occurring. The graphic includes data through January 2017.

Insurance Technology Startup Count by Country

The above map shows the number of Insurtech companies located in different countries. The United States ranks as the top country with over 580 companies.

Insurance Technology VC Funding by Country

The above map shows the amount of total Insurtech startup venture capital funding in different countries. The United States has the most VC funding at around $7B.

We are currently tracking 1,087 Insurance Technology companies in 14 categories across 54 countries, with a total of $17B in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Companies Founded by Year - Q1 2017

Venture Scanner

The following graph shows the founding year distribution in the Insurance Technology sector. The graphic includes data through January 2017.

Insurance Technology Companies by Founded Year

The above graph summarizes the number of Insurance Technology companies founded in a certain year. 2015 ranks at the top with around 103 companies founded in that year alone. 2013 and 2014 are roughly tied for second, with around 98 startups founded.

We are currently tracking 1073 Insurance Technology companies in 14 categories across 53 countries with a total of $17.2 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Startup Landscape Trends and Insights – Q1 2017

Venture Scanner

Here is our Q1 2017 summary report on the Insurance Technology (insurtech) startup sector. The following report includes a startup landscape overview, graphical trends and insights, and recent funding and exit events.

Insurtech Q1 2017 Report

Insurtech Report Agenda

Insurtech Sector Overview

Insurtech Logo Map

Insurtech Innovation Quadrant

Insurtech Category Definitions 1

Insurtech Category Definitions 2

Insurtech Category Definitions 3

Insurtech Sector Trends

Insurtech Venture Investing

Insurtech Funding Over Time

Insurtech Funding Amount by Type

Insurtech Funding by Vintage Year

Insurtech Startup Count by Country

Insurtech Investor Activity

Insurtech Exits Over Time

Insurtech Recent Events

Insurtech Recent Funding Types

Insurtech Recent Funding Events

Insurtech Recent Exit Events

About Venture Scanner

Venture Scanner Value

Venture Scanner Contact

We are currently tracking 1,050 Insurance Technology companies in 14 categories across 54 countries, with a total of $17 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Market Overview and Innovation Quadrant - Q1 2017

Venture Scanner

The following post highlights how Venture Scanner categorizes the Insurance Technology (insurtech) startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through January 2017.

Insurance Technology Logo Map

The above sector map organizes the Insurance Technology sector into 14 categories and shows a sampling of companies in each category.

Insurance Technology Innovation Quadrant

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Insurance Technology categories and how they compare with one another

Heavyweights: These categories are comprised of companies that have reached maturity with significant financing.
Established: These categories are comprised of companies that have reached maturity with less financing.
Disruptors: These categories are comprised of companies that are less mature with significant financing.
Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

...

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Insurance Technology Funding Trends - Q1 2017

Venture Scanner

The following graphs highlight recent trends in Insurance Technology (InsurTech) funding activity. 

InsurTech Funding Over TIme

The above graph summarizes the total funding raised by InsurTech startups for each year. 2014 is the best year so far with just over $6B in funding. 2015 comes in at second place with just under $4B in funding.

InsurTech Vintage Year Funding

The above graph summarizes the total amount of funding raised by InsurTech companies founded in a certain year. Companies founded in 2013 have raised the most funding at around $2.6B, followed by those founded in 2014 which have raised about $1B.

We are currently tracking 1,022 Insurance Technology companies in 14 categories across 54 countries, with a total of $17 Billion in funding. Click here to learn more about the full Insurance Technology report and database.

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Insurance Technology Startup Exit Activity - Q4 2016

Venture Scanner

The following two graphs show exit activity in the Insurance Technology sector. The graphics include data through October 2016. 

Exit Activity by Category in Insurance Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in each Insurance Technology category. The Insurance Infrastructure category is leading the sector with 20 exits, followed by the Insurance Comparison and Life & Home Insurance categories.

Exit Activity by Year in Insurance Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in the Insurance Technology sector by year. 2016 leads the sector with 17 exit events, followd by 2014 with 12 exit events.

We are currently tracking 1020 Insurance Technology companies in 14 categories across 54 countries, with a total of $17B in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Funding by Type - Q4 2016

Venture Scanner

The following two graphs summarize the types of funding going into the Insurance Technology space. Please note these graphics are made using 2016 data through October. 

InsurTech Funding by Type by Year - Amount

The graph above shows the total amount of VC funding broken out by type. In recent years, we’ve seen a large increase in the amount of Series A and Series C funding events. The amount of Series B and Series D funding events have seen some growth as well.

InsurTech Funding by Type by Year - Event

The graph above shows the total count of funding events broken out by type. We’ve seen a general upward trend over the past few years. Earlier stage deals (Seed, Series A, Series B) have seen the largest growth in the number of funding events.

We are currently tracking 1020 Insurance Technology companies in 14 categories across 54 countries, with a total of $17B in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Venture Investing In Insurance Technology - Q1 2017

Venture Scanner

Venture Investing In Insurance Technology - Q1 2016

The above graph compares the total venture funding in each Insurance Technology category to the number of companies in the category. The Health/Travel Insurance category leads the sector in total funding at $9B. The Insurance Comparison category takes the lead in company count, with around 275 startups. 

We are currently tracking 1,014 Insurance Technology companies in 14 categories across 54 countries, with a total of $17B in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Where in the World are Insurance Technology Startups? - Q4 2016

Venture Scanner

The analyses below summarize where Insurance Technology innovations are occurring.

Insurance Technology Company Count by Country

The above map shows the number of Insurance Technology companies located in different countries. The United States ranks as the top country with around 556 companies.

Insurance Technology VC Funding by Country

The above map shows the amount of total Insurance Technology startup venture capital funding in different countries. The United States has the most VC funding at around $7.1B.

We are currently tracking 1013 Insurance Technology companies in 14 categories across 53 countries, with a total of $16.9 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Activity by Selected Investors - Q4 2016

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Insurance Technology Activity by Selected Investors

The above analysis summarizes the total number of investment rounds Insurance Technology investors participated in, and the number of unique InsurTech companies funded by selected investors. 500 Startups and NEA take the lead the total number of investments, and 500 Startups also backing to most individual companies. First Round, Index Ventures, and Founders Fund are also players towards the top of the list. 

We are currently tracking 1,010 Insurance Technology companies in 14 categories across 53 countries, with a total of $17 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Category Innovation Quadrant - Q4

Venture Scanner

Insurance Technology Category Innovation Quadrant

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Insurance Technology categories and how they compare with one another.
 
   •  Heavyweights: Categories with high average funding and high average age. These categories are comprised of companies that have reached maturity with significant financing.
 
   •  Established: Categories with low average funding and high average age. These categories are comprised of companies that have reached maturity with less financing.
 
   •  Disruptors: Categories with high average funding and low average age. These categories are comprised of companies that are less mature with significant financing.
 
   •  Pioneers: Categories with low average funding and low average age. These categories are comprised of companies that are less mature with earlier stages of financing.
 
The definitions of...
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Average Funding by Insurance Technology Category - Q4 2016

Venture Scanner

Insurance Technology Average Funding

The above analysis summarizes the average company funding in each Insurance Technology category. The Life, Home, and P&C category leads the sector with around $350M in average funding per company, followed by the Auto Insurance category with just over $200M in average funding per company.

We are currently tracking 1,010 Insurance Technology companies in 14 categories across 53 countries, with a total of $16.7 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Companies Founded by Year - Q4 2016

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Insurance Technology Startups Founded by Year

The above graph summarizes the number of Insurance Technology companies founded in a certain year. 2015 ranks at the top with around 95 companies founded in that year alone. 2013 and 2014 are roughly tied for second, with just over 90 startups founded.

We are currently tracking 987 Insurance Technology companies in 14 categories across 53 countries with a total of $16.7 Billion in funding. Click here to learn more about the full Insurance Technology landscape report with database.

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Insurance Technology Market Overview - Q4 2016

Venture Scanner

Insurance Technology Sector Map

The above sector map organizes the Insurance Technology sector into 14 categories and shows a sampling of companies in each category.
 
Auto Insurance: Companies that offer insurance for automobiles and motorcycles, as well as those that facilitate the process of auto insurance. Examples include car telematics products which detect your mileage and driving behavior to customize your insurance plan.

Consumer Insurance Management Platforms: Companies that enable consumers to manage their insurance and claims, usually through a mobile application. Examples include mobile apps that allow consumers to file claims right at the spot of the car accident, and to buy travel insurance on the go.

Employee Benefits Platforms: Companies that help enterprises build or utilize platforms that deliver healthcare and other insurance products to their employees. Examples include web portals through which enterprises can sign in and give their employees the option of buying several healthcare...
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Average Funding by Insurance Technology Category - Q3 2016

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Insurance Technology Average Funding

The above analysis summarizes the average company funding in each Insurance Technology category. The Life, Home, P&C Insurance category leads the sector with over $614M in average funding per company, followed by the Auto Insurance category with around $238M in average funding per company.

We are currently tracking 981 Insurance Technology companies in 14 categories across 53 countries, with a total of $16.5 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Connected Insurance Technology Overview

Venture Scanner

A deep dive look at the connected insurance technology sector, providing an insurance startup map, trends/insights, and relevant company profile examples. Click here to see this entire deck on SlideShare.

Connected Insurance Title Slide

Connected Insurance Sector Map

Connected Insurance Categories

Connected Insurance Venture Investing and Company Count

Connected Insurance Funding Over Time

Connected Insurance Funding by Vintage Year

Connected Insurance Investor Activity

Connected Insurance Geography Map

Connected Insurance Metromile Profile

Connected Insurance Oscar Profile

Connected Insurance Ending Slide

We are currently tracking 981 Insurance Technology companies in 14 categories across 53 countries, with a total of $16.5 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

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Insurance Technology Activity by Selected Investors - Q3 2016

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The above analysis summarizes the total number of investment rounds Insurance Technology investors participated in, and the number of unique InsurTech companies funded by selected investors. Index Ventures and New Enterprise Associates takes the lead with 11 investments each, followed by First Round and Bain Capital Ventures. Startupbootcamp takes the lead in the number of InsurTech companies backed with 9 companies, with 500 Startups following behind.

We are currently tracking 977 Insurance Technology companies in 14 categories across 53 countries, with a total of $16.5 Billion in funding. Click here to see the full Insurance Technology landscape report and dataset.

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Average and Median Age by Insurance Technology Category - Q3 2016

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The above graph summarizes the average age and median age of companies in each Insurance Technology category. The Life, Home, P&C Insurance category ranks as the most mature Insurance Technology category with an average age of 36 years and a median age of 18 years. The Reinsurance category comes in as the second oldest category, with a average age of 35 years and a median age of 16 years.

We are currently tracking 973 Insurance Technology companies in 14 categories across 53 countries, with a total of $15.6 Billion in funding. Click here to see the full Insurance Technology landscape report and dataset.

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Insurance Technology Total Funding by Year - Q3 2016

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The above graph summarizes the total funding raised by Insurance Technology companies each year. 2014 was the best year in InsurTech funding with almost $5.6B raised, with 2015 in the second place with a total of $3.4B raised.

We are currently tracking 937 Insurance Technology companies in 14 categories across 52 countries, with a total of $16 Billion in funding. Click here to see the full Insurance Technology landscape report and dataset.

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Insurance Technology Exits by Category and by Year - Q3 2016

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The above graph summarizes the number of exits (acquisitions and IPOs) in each Insurance Technology category. The Life, Home, P&C Insurance category leads the sector in IPOs (17 companies), while the Insurance Infrastructure/Backend category leads the sector in acquisitions (16 companies).

The above graph summarizes the number of exits (acquisitions and IPOs) in Insurance Technology by year. Even though it's only 7 months into 2016, it is already the top year in InsurTech exits with a total of 13 exits thus far.

We are currently tracking 929 Insurance Technology companies in 14 categories across 52 countries, with a total of $15.9 Billion in funding. Click here to see the full Insurance Technology landscape report and dataset.

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Insurance Technology Market Overview Q2

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The above sector map organizes the Insurance Technology sector into 14 categories and shows a sampling of companies in each category.

Auto Insurance: Companies that offer insurance for automobiles and motorcycles, as well as those that facilitate the process of auto insurance. Examples include car telematics products which detect your mileage and driving behavior to customize your insurance plan.

Consumer Insurance Management Platforms: Companies that enable consumers to manage their insurance and claims, usually through a mobile application. Examples include mobile apps that allow consumers to file claims right at the spot of the car accident, and to buy travel insurance on the go.

Employee Benefits Platforms: Companies that help enterprises build or utilize platforms that deliver healthcare and other insurance products to their employees. Examples include web portals through which enterprises can sign in and give their employees the option of buying several healthcare packages.

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Venture Investing In Insurance Technology

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The above graph compares the total venture funding in each InsurTech category to the number of companies in the category. The Health/Travel Insurance category is leading in the Total Funding stat with over $8.7B, whereas the Comparison/Marketplace category is leading in the Company Count stat with 236 companies.

We are currently tracking 876 Insurance Technology companies in 14 categories across 51 countries, with a total of $15.6 Billion in funding. Click here to see the full Insurance Technology landscape report and data.

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Insurance Technology Q2 Update in 15 Visuals

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We at Venture Scanner are tracking 876 Insurance Technology companies across 14 categories, with a combined funding amount of $15.6 Billion. The 15 visuals below summarize the current state of Insurance Technology.

1. Insurance Technology Market Overview

We organize Insurance Technology into the 14 categories listed below:

Auto Insurance: Companies that offer insurance for automobiles and motorcycles, as well as those that facilitate the process of auto insurance. Examples include car telematics products which detect your mileage and driving behavior to customize your insurance plan.

Consumer Insurance Management Platforms: Companies that enable consumers to manage their insurance and claims, usually through a mobile application. Examples include mobile apps that allow consumers to file claims right at the spot of the car accident, and to buy travel insurance on the go.

Employee Benefits Platforms: Companies that help enterprises build or utilize platforms that deliver healthcare...

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