Top insurtech funding rounds of November 2021

December 1, 2021 7:06 AM

There were 32 funding rounds in the insurtech sector between Nov. 1 and Nov. 30, 2021, according to a review by Digital Insurance. What follows is a selection of the funding rounds. A portion of the data was sourced from Crunchbase. For our previous edition, which covered the month of October, click here. These updates will continue monthly.

Leocare

$116 million, Series B, Nov. 23

Description: French multiline digital insurer
Round leader: Eight Roads

Slide

$100 million, Series A, Nov. 22

Description: AI-driven homeowners and commercial residential insurance
Round participants: TampaBay.ventures, Gries Investment Funds

Steadily

$27.8 million, Series A, Nov. 16

Description: Digital insurance for rental property owners
Round leaders: Matrix Partners and Zigg Capital
Other participants: Peak State Ventures, Nine Four Ventures, Next Coast Ventures

“Modern consumers are demanding better user experiences and Steadily delivers here with an intuitive and thoughtfully designed insurance offering. With multiple smart integrations, Steadily enables landlords to thrive in today’s emerging digital real estate ecosystem.” -- Dave Eisenberg, Partner, Zigg Capital

Kettle

$25 million, Series A, Nov. 18

Description: MGA providing deep-learning driven wildfire insurance
Round leaders: Acrew Capital
Other participants: Homebrew, True Ventures, Anthemis, Valor, DCVC, LowerCarbon Capital

"Our climate is changing in ways that can't be predicted on the basis of historical data. Kettle is solving a massive, global problem. And we're so thrilled to deepen our partnership with this incredible team." -- Lauren Kolodny, Partner at Acrew Capital.