11 largest insurtech unicorns by valuation in Q3

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The three largest insurtech and other unicorns in the second quarter had an average valuation of more than $9 billion. In total, all 11 of the top unicorns earned $52.8 billion in funding.

Read more about the 11 biggest unicorns by valuation in the second quarter.

Source: CB Insights

Unicorns ranked by valuation in Q2

Rank
Company
Country
Latest Valuation
10
Newfront
United States
$2.2B
10
Qualia
United States
$2.2B
8
Accelerant
United States
$2.4B
8
ManyPets
United Kingdom
$2.4B
7
Ethos
United States
$2.7B
6
Next Insurance
United States
$4.0B
4
Wefox
Germany
$4.5B
4
Alan
France
$4.5B
3
Coalition
United States
$5.0B
2
Gusto
United States
$10.0B
1
Devoted Health
United States
$12.9B
Chart showing largest insurtech unicorns by valuation where Qualia tied for 10th with a $2.2 billion valuation.
Qualia tied for 10th with a $2.2 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Newfront tied for 10th with a $2.2 billion valuation.
Newfront tied for 10th with a $2.2 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where ManyPets tied for 8th with a $2.4 billion valuation.
ManyPets tied for 8th with a $2.4 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Accelerant tied for 8th with a $2.4 billion valuation.
Accelerant tied for 8th with a $2.4 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Ethos ranked 7th with a $2.7 billion valuation.
Ethos ranked 7th with a $2.4 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Next Insurance ranked 6th with a $4.0 billion valuation.
Next Insurance ranked 6th with a $4.0 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Alan tied for 4th with a $4.5 billion valuation.
Alan tied for 4th with a $4.5 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Wefox tied for 4th with a $4.5 billion valuation.
Wefox tied for 4th with a $4.5 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Coalition ranked 3rd with a $5.0 billion valuation.
Coalition ranked 3rd with a $5.0 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Gusto ranked 2nd with a $10.0 billion valuation.
Gusto ranked 2nd with a $10.0 billion latest valuation.
Chart showing largest insurtech unicorns by valuation where Devoted Health ranked 1st with a $12.9 billion valuation.
Devoted Health ranked 1st with a $12.9 billion latest valuation.