(Data sourced from Crunchbase)
Every 2019 P&C insurtech funding round of more than $25 million
December 30, 2019 2:48 AM
Root
Description: Usage-based auto insurance carrier with digital distribution
Notable round: $350 million, Series E, August 20
Total funding: $575.5 million
Notable round: $350 million, Series E, August 20
Total funding: $575.5 million
Next
Description: Digitally distributed commercial insurance
Notable round: $250 million, Series C, October 7
Total funding: $381 million
Notable round: $250 million, Series C, October 7
Total funding: $381 million
Hippo
Description: Homeowners' insurance refined by and reflecting a digitalized world
Notable round: $100 million, Series D, July 24
Total funding: $209 million
Notable round: $100 million, Series D, July 24
Total funding: $209 million
Coverhound
Description: Online auto insurance agency
Notable round: $59 million, Series D, January 29
Total funding: $111.8 million
Notable round: $59 million, Series D, January 29
Total funding: $111.8 million
Kin
Description: Homeowners' insurance refined by and reflecting a digitalized world
Notable round: $47 million, Venture, August 27
Total funding: $64 million
Notable round: $47 million, Venture, August 27
Total funding: $64 million
Clearcover
Description: Digitally distributed auto insurance
Notable round: $43 million, Series B, January 22
Total funding: $54.5 million
Notable round: $43 million, Series B, January 22
Total funding: $54.5 million
Zego
Description: Commercial insurance targeting on-demand/sharing economy workers
Notable round: $42 million, Series B, June 17
Total funding: $51.7 million
Notable round: $42 million, Series B, June 17
Total funding: $51.7 million
Cytora
Description: AI-based underwriting tech for commercial insurers
Notable round: $32.7 million, Series B, April 16
Total funding: $41.4 million
Notable round: $32.7 million, Series B, April 16
Total funding: $41.4 million
Snapsheet
Description: Digital marketplace for auto insurance
Notable round: $29 million, Series E, May 20
Total funding: $66.9 million
Notable round: $29 million, Series E, May 20
Total funding: $66.9 million
Jetty
Description: Digital renters insurance products including security deposit support
Notable round: $25 million, Series B, February 6
Total funding: $40.5 million
Notable round: $25 million, Series B, February 6
Total funding: $40.5 million