Our blog contains short snippets of our research from our full emerging technology web-based reports. We release new content weekly, so check back often for the latest insights.
The insurance technology (insurtech) industry has seen $31B in all-time funding through Q3 2019. Let's examine the graphic below and analyze which of the 14 insurtech categories are leading the sector in total funding amounts.Read More
In this post we examine the different components of the insurance technology (insurtech) ecosystem. We will illustrate what the categories of innovation are and how they compare to one another.Read More
This blog post examines the different components of the insurance technology (insurtech) ecosystem. We will illustrate what the categories of innovation are and which categories have the most companies. We will also compare the categories in terms of their funding and maturity.
The insurance technology sector has seen an abundance of activity over the past few years. As we previously analyzed, insurtech funding has shown early signs of maturation and its exit events have seen robust growth.
Last quarter we reviewed insurance technology exit activity and saw its healthy upward trend. We are now going one step further on our insurtech report and research platform to examine exits by category. We conclude that the Insurance Backend and Auto Insurance categories are at the forefront of insurtech exit activity.
The following infographic summarizes the total funding of all the companies within each Insurance Technology category. You could see that Health Insurance has the highest funding amount at $1.91 Billion, followed by Auto Insurance at $1.12 Billion. At Venture Scanner, we are currently tracking over 535 Insurance Technology companies in 13 categories across 47 countries, with a total of $4.63 Billion in funding. To see the full list of 535 Insurance Technology companies, contact us using the form on www.venturescanner.com.
The following infographic summarizes the number of companies invested by the top Insurance Technology investors. You could see that 500 Startups is in the lead by having invested in 6 companies, followed by Y Combinator and First Round which each invested in 5 companies. At Venture Scanner, we are currently tracking over 535 Insurance Technology companies in 13 categories across 47 countries, with a total of $4.63 Billion in funding. To see the full list of 535 Insurance Technology companies, contact us using the form on www.venturescanner.com.
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