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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 State of Insurance Technology in Ten Visuals
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Insurance Technology Company Founding Date Distribution
The following infographic summarizes the founding date distribution of Insurance Technology companies to show the percentage of Insurance Technology companies that were founded within a specific time period. It shows that the founding of Insurance Technology companies reached its peak from 2014-Present, with 27% of the companies being founded during this period. Company founding was at the lowest in 2000-2001 and 2002-2003, with only 2% of the companies being founded during those four years. We are currently tracking over 535 companies in 13 categories across 47 countries, with a total of $4.59 Billion in funding. To see the full list of 535 Insurance Technology companies, contact us using the form on www.venturescanner.com.
Insurance Technology Company Total Funding By Vintage Year
The following infographic summarizes Insurance Technology companies’ total funding by the vintage year they were founded in. You could see that Insurance Technology companies founded from 2013 to the present are in the lead by raising a total of $1.5 Billion funding up to date. At Venture Scanner, we are currently tracking over 526 Insurance Technology companies in 13 categories across 47 countries, with a total of $3.93 Billion in funding. To see the full list of 526 Insurance Technology companies, contact us using the form on www.venturescanner.com.
Average Funding Per Insurance Technology Category
The following infographic summarizes the average funding for each Insurance Technology category to show which Insurance Technology categories are the best funded. It shows that Product Insurance is in the lead with $63.24 Million funding per company, followed by Auto Insurance with $58.95 Million per company. Please note that this data is based only on Insurance Technology companies that have publicly available funding data. We are currently tracking over 511 companies in 13 categories across 47 countries, with a total of $3.74 Billion in funding. To see the full list of 511 Insurance Technology companies, contact us using the form on www.venturescanner.com.