10 largest P&C insurance equity deals in the second quarter

Complimentary Access Pill
Enjoy complimentary access to top ideas and insights — selected by our editors.

The three largest property and casualty insurance equity deals in the second quarter had an average funding round of more than $88 million. These three deals earned an average of 10.40% of their total funding in the quarter. In total, all ten of the top P&C insurance equity deals in the second quarter earned $605 million in funding.

Read more about the ten biggest P&C insurance equity deals in the second quarter.

Source: CB Insights

Rank Company Round Amount Round Date Select Investors Country

% of Total

Funding

1 ICEYE $93M Series D
4/17 Solidium, Blackwells Capital, Move Capital, Christo
Georgiev
Finland 10.9%
1 Vitesse $93M Series C
5/21 KKR, Hannover Digital Investments United Kingdom 10.9%
3 Cover Genius $80M Series E
5/15 Spark Capital, Dawn Capital, G Squared, King River
Capital
United States 9.4%
4 Honey Insurance $71M Series A
4/8 Gallatin Point Capital Australia 8.3%
5 Arbol $60M Series B
4/30 Giant Ventures, Opera Tech Ventures, Mubadala Capital, Space Capital, Ascend United States 7.0%
5 FintechOS $60M Series B
5/30 BlackRock, Cipio Partners, Molten Ventures, Earlybird Venture Capital, Gap Minder United Kingdom 7.0%
7 Clearcover $55M Series E
4/11 OMERS Ventures United States 6.4%
8 Honeycomb $36M Series B
5/7 Zeev Ventures, IT-Farm, Ibex Investors, Phoenix
Insurance, Launchbay Capital
United States 4.2%
9 Novidea $30M Series C
4/9 HarbourVest Partners Israel 3.5%
10 Wefox $27M Convertible Note
6/27 Chrysalis Investments, Target Global Germany 3.2%
Digital Insurance_10 largest P&C Insurance equity deals in Q2__10.jpg
Wefox ranked 10th with a round amount of $27 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__9.jpg
Novidea ranked 9th with a round amount of $30 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__8.jpg
Honeycomb ranked 8th with a round amount of $36 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__7.jpg
Clearcover ranked 7th with a round amount of $55 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__6.jpg
FintechOS tied for 5th with a round amount of $60 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__5.jpg
Arbol tied for 5th with a round amount of $60 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__4.jpg
Honey Insurance ranked 4th with a round amount of $71 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__3.jpg
Cover Genius ranked 3rd with a round amount of $80 million.
Digital Insurance_10 largest P&C Insurance equity deals in Q2__2.jpg
Digital Insurance_10 largest P&C Insurance equity deals in Q2__.jpg
ICEYE tied for 1st with a round amount of $93 million.