We’ve been covering US-based Insurtech startup FAYE way back since 2022 with its Seed round, and the Series A round in 2023, and it seems they continue to be on a roll, today announcing a $ 31 million in Series B funding. What is keeping this online insurance company on the rise? Well, it would […]
Feather raises €6 million to go pan-European with its insurance platform for expats
As a foreigner, navigating health insurance systems can often be difficult. German startup Feather thinks it has a solution and raised €6 million to help some of the 40-plus million expats working and living in Europe. It is not that there are no options for foreign nationals to get insurance; there are plenty. But it […]
After 20 months of trying to raise funds, insurance startup Loop cuts staff
Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising. Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute […]
Anterior grabs $20M from NEA to expedite health insurance approvals with AI
Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $ 20 million Series A round at a $ 95 million post-money valuation led by NEA, according to two people familiar with the deal. Existing investors Sequoia, which led Anterior’s $ 3.2 million seed round last September, and […]
Mental health insurance platform ifeel raises a $20 million Series B
Mental health issues like stress, depression and anxiety can lead to work-related illnesses, absences and long-term sick leave. But many companies think offering a gym membership is enough. Ifeel — a European startup that decided mental health should be tackled differently and which raised $ 6.6 million in 2021 — has now raised a $ […]