Market
Insurtech in the United States
559 companies · 1737 stories · $3.2B disclosed
Insurtech Daily tracks 559 insurance and insurtech companies headquartered in the United States — 158 insurers, 145 technology vendors and 104 insurtechs, across 1737 stories going back to Aug 1, 2024. Between them they have disclosed $3.2B across 66 funding rounds, the largest Snorkel AI's $350M. Every figure is compiled from the coverage on this page.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| Snorkel AI | $350M | — | — | Coverager | |
| Ledgebrook | $200M | — | Allianz X | Beinsure+6 | |
| Kalepa | $75M | Series B | — | Tech Funding News+3 | |
| Stand | $70M | Series C | — | Coverager+2 | |
| Skan AI | $63M | — | — | Coverager | |
| Vesta | $30M | Series B | — | Coverager | |
| Slingshot Insurance | $27M | Seed | Rally Ventures | Crunchbase News+10 | |
| Pasito | $21M | Series A | — | beinsure.com | |
| RockRose Risk | $12.5M | Series A | — | Insurance Nerds+5 | |
| Harbor | $10M | — | — | Insurance Journal+3 | |
| Battleface | $1.3M | — | — | Coverager | |
| Lucid Insurance | $1M | — | — | Coverager |
The 12 largest of 66 disclosed rounds. Every round is listed with its reporting in the funding tracker, and totals across all markets in the company ranking.
Companies
| Company | Type | Based | Stories | Disclosed |
|---|---|---|---|---|
| Gallagher | Broker | Rolling Meadows | 60 | — |
| Corgi | Insurtech | San Francisco | 56 | $298M |
| Root | Insurtech | Columbus | 46 | — |
| Lemonade | Insurtech | New York | 37 | — |
| Guidewire | Technology vendor | San Mateo | 35 | — |
| Insurity | Technology vendor | Hartford | 28 | — |
| Marsh | Broker | New York | 28 | — |
| Verisk | Technology vendor | Jersey City | 23 | — |
| DXC | Technology vendor | Ashburn | 22 | — |
| Ethos | Insurtech | San Francisco | 21 | — |
| Liberty Mutual | Insurer | Boston | 21 | — |
| Applied Systems | Technology vendor | Chicago | 20 | — |
| Hippo | Insurtech | Palo Alto | 20 | — |
| Vertafore | Technology vendor | Denver | 20 | — |
| Inszone Insurance Services | Broker | Sacramento | 19 | — |
| MetLife | Insurer | New York | 17 | — |
| OpenAI | Technology vendor | San Francisco | 17 | — |
| Slingshot Insurance | Insurtech | — | 15 | $27M |
| Ledgebrook | Insurtech | — | 14 | $282M |
| Duck Creek | Technology vendor | Boston | 14 | — |
| Lockton | Broker | Kansas City | 14 | — |
| Marsh McLennan Agency | Broker | — | 14 | — |
| The Hartford | Insurer | Hartford, Connecticut | 14 | — |
| Travelers | Insurer | New York | 14 | — |
| AIG | Insurer | New York | 13 | — |
| Allstate | Insurer | Northbrook | 13 | — |
| GEICO | Insurer | Chevy Chase | 13 | — |
| Zywave | Technology vendor | Menomonee Falls | 13 | — |
| AM Best | Industry body | Oldwick | 12 | — |
| Kin | Insurtech | Chicago | 12 | — |
| Markel | Insurer | Glen Allen | 12 | — |
| Anthropic | Technology vendor | San Francisco | 11 | — |
| Bamboo Insurance | MGA | — | 11 | — |
| Coverdash | Insurtech | — | 11 | — |
| Technology vendor | Mountain View | 11 | — | |
| One Inc | Technology vendor | Folsom | 11 | — |
| World | Broker | Iselin | 11 | — |
| ACORD | Industry body | Pearl River | 10 | — |
| Orion180 | Insurer | Melbourne | 10 | — |
| Safety | Insurer | Boston | 10 | — |
| State Farm | Insurer | Bloomington | 10 | — |
| Acrisure | Broker | Grand Rapids | 9 | — |
| Alliant | Broker | Newport Beach | 9 | — |
| Bold Penguin | Insurtech | Columbus | 9 | — |
| ERGO NEXT Insurance | Insurer | Palo Alto | 9 | — |
| HDVI | MGA | Chicago | 9 | — |
| MSI | MGA | — | 9 | — |
| NFP | Broker | New York | 9 | — |
| Prudential | Insurer | Newark | 9 | — |
| ReSource Pro | Technology vendor | — | 9 | — |
| The Zebra | Insurtech | Austin | 9 | — |
| Nirvana | Insurtech | San Francisco | 8 | $180M |
| Bestow | Insurtech | Dallas | 8 | $120M |
| Sola | Insurtech | Atlanta | 8 | $11.7M |
| Qumis | Insurtech | — | 8 | $6.5M |
| Cowbell | Insurtech | Pleasanton | 8 | — |
| Everspan | Insurer | — | 8 | — |
| Exzeo | Insurtech | St. Petersburg, Florida | 8 | — |
| OneShield | Technology vendor | Marlborough | 8 | — |
| USI | Broker | Valhalla | 8 | — |
| Federato | Technology vendor | San Francisco | 7 | $100M |
| Parametrix | MGA | San Francisco | 7 | $27M |
| RockRose Risk | Broker | Napa, California | 7 | $12.5M |
| Amdocs | Technology vendor | Chesterfield | 7 | — |
| Amwins | Broker | Charlotte | 7 | — |
| Bolt | Insurtech | — | 7 | — |
| Brown & Brown | Broker | Daytona Beach | 7 | — |
| EIS | Technology vendor | San Mateo | 7 | — |
| Epic | Broker | San Francisco | 7 | — |
| Majesco | Technology vendor | Morristown | 7 | — |
| Relation Insurance | Broker | Chicago | 7 | — |
| Sohar Health | Technology vendor | New York | 7 | — |
| Sure | Insurtech | Palo Alto | 7 | — |
| Zinnia | Technology vendor | Austin | 7 | — |
| Zocdoc | Technology vendor | New York | 7 | — |
| Stand | Insurtech | San Francisco | 6 | $105M |
| Fulcrum | Insurtech | — | 6 | $25M |
| CLARA Analytics | Technology vendor | Campbell | 6 | — |
| Coterie | Insurtech | — | 6 | — |
| Earnix | Technology vendor | Boston | 6 | — |
| Federated Insurance | Insurer | Owatonna, Minnesota | 6 | — |
| FM | Insurer | Johnston | 6 | — |
| Guardian | Insurer | New York | 6 | — |
| Insurify | Insurtech | Cambridge | 6 | — |
| King Risk Partners | Broker | Florida | 6 | — |
| Matic | Insurtech | Columbus, Ohio | 6 | — |
| Northwestern Mutual | Insurer | Milwaukee | 6 | — |
| Radian | Insurer | Philadelphia | 6 | — |
| Roamly | Insurtech | — | 6 | — |
| Ryan Specialty | Broker | Chicago | 6 | — |
| Slide | Insurer | Tampa | 6 | — |
| Kalepa | Insurtech | New York | 5 | $75M |
| Sixfold | Insurtech | New York | 5 | $30M |
| Harbor | Insurtech | San Francisco | 5 | $10M |
| Vertical Insure | Technology vendor | San Francisco, California | 5 | $8.5M |
| Amynta | MGA | New York | 5 | — |
| Arbol | Insurtech | New York | 5 | — |
| Baldwin Insurance Group | Broker | Tampa | 5 | — |
| Berkley | Insurer | — | 5 | — |
| Bridge Specialty | Broker | — | 5 | — |
| Coalition | Insurtech | San Francisco | 5 | — |
| CRC Specialty | Broker | Birmingham | 5 | — |
| EverQuote | Insurtech | Cambridge | 5 | — |
| Farmers | Insurer | — | 5 | — |
| FutureProof | Insurtech | San Diego | 5 | — |
| Gradient AI | Technology vendor | Boston, Massachusetts | 5 | — |
| Hexure | Technology vendor | — | 5 | — |
| iCapital | Technology vendor | New York | 5 | — |
| Insureon | Broker | Chicago, Illinois | 5 | — |
| ISC | Broker | — | 5 | — |
| Kyber | Technology vendor | — | 5 | — |
| Mylo | Broker | — | 5 | — |
| NAIC | Industry body | Kansas City | 5 | — |
| Nassau Financial Group | Insurer | Hartford | 5 | — |
| Next Insurance | Insurtech | — | 5 | — |
| Novacore | Insurer | — | 5 | — |
| Oscar Health | Insurer | New York | 5 | — |
| Progressive | Insurer | Mayfield Village | 5 | — |
| Reliance Global | Insurtech | Lakewood | 5 | — |
| Skyward | Insurer | Houston | 5 | — |
Showing the 120 most covered of 559.
Coverage
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Automation Anywhere to acquire Boost.ai
The deal follows Automation Anywhere’s acquisition of Aisera in late 2025, which added AI tools for employee support and enterprise knowledge.
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Amdocs Bets on EIS to Advance Agentic Transformation in Insurance
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GEICO adds auto insurance estimates to ChatGPT
GEICO joins U.S. insurers including Allstate, Liberty Mutual, Plymouth Rock, MetLife Pet, EMPLOYERS and ALPS.
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Global Insurtech Funding Falls 44.6% in Third Quarter, Gallagher Re Reports
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Insurity Calls for Greater Carrier Control Over AI in Core Insurance Systems
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Burgeon targets law firms with contingency fee insurance
Burgeon received Texas P&C and surplus lines agency licenses on October 21 and November 5, 2026, respectively.
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Sierra acquires browser automation company Anon
Financial terms were not disclosed.
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Confie acquires the insurance operations of Texas Dow Employees Credit Union
The acquired operations will join InsureOne.
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Guardian partners with Sierra on AI customer service
The insurer will use Sierra for routine requests, including about 1 million dental benefit verification calls a year.
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Kalepa raises $75m to scale AI across insurance
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Insurance moves: Ardonagh, Gallagher, AXA XL, Arch, Fidelis, DAC Beachcroft
Ardonagh names the first CFO and COO of its combined MGA platform as Gallagher plans a year-long UK COO handover
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How Allstate plans to capitalize on agentic AI shopping
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New Partnerships at Hippo, Donegal, Mitchell
Hippo Holdings Inc. announced a strategic partnership with the Innovations segment of Greenlight Capital Re Ltd. that connects opportunities to invest in emerging managing general agents with carrier and reinsurance…
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Gallagher Re says AI will reshape credit insurance classes
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Zywave 2026 Fall Launch Connects Producers, Agencies and Carriers for Stronger Insurance Distribution
Producer Agent moves into Zywave Apex™ MCP, and new system connections help every renewal start ready Zywave today announced the second set of updates in its Fall 2026 Launch, helping...
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Record investment sales carry Primerica as term life slips
Term life insurance policies issued fell 7% to 73,813.
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Confie Acquires Insurance Operations of TDECU
Confie has acquired the insurance operations of TDECU (Texas Dow Employees Credit Union), one of the largest credit unions in Texas. As part of the transaction, Confie has entered into a long-term service agreement with…
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Corgi’s new distribution chief would rather court 50 wholesalers than 100,000 agents
Josh LaRiccia spent two decades in underwriting and launched an MGA. Three weeks into his new job at an insurtech carrier, he is hoping that Corgi’s quickest route to Main Street runs through the middlemen it once…
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Corgi expands product lines - wants to target broker distribution
Josh LaRiccia spent two decades in underwriting and launched an MGA. Three weeks into his new job at an insurtech carrier, he is hoping that Corgi’s quickest route to Main Street runs through the middlemen it once…
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Lemonade posts record gross profit of $118.1m in Q3’26 as growth accelerates
AI-driven insurance company Lemonade has reported a record quarterly gross profit of $118.1 million for Q3 2026, up 48% from $79.9 million a year earlier. The insurtech said the result reflected a 73% jump in revenue to…
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Global InsurTech funding fell 44.6% to $1.36bn in Q3’26: Gallagher Re
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Q3 global insurtech funding drops 44.6%: Gallagher Re
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Global InsurTech funding fell 44.6% to $1.36bn in Q3’26: Gallagher Re
Reinsurance broker Gallagher Re’s latest Global InsurTech Report found that global InsurTech funding fell 44.6% to $1.36 billion in Q3 2026 compared with the previous quarter, driven by a reduction in mega-round…
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Insurtech Kalepa raises $75 mn in Series B at $470 mn valuation to expand insurance AI platform
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Lazarus AI raises $43 mn with backing from QBE and State Farm Ventures
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EPIC acquires century-old LA boutique to anchor Southwest HNW push
Randall Insurance brings 104 years of Southern California relationships into EPIC’s growing Private Client practice
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RiverStone International enters into $325m LPT with Clear Spring
Global legacy acquirer RiverStone International has entered into a loss portfolio transfer (LPT) with Clear Spring Property and Casualty Company, a subsidiary of Delaware Life Insurance, covering approximately $325…
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Financial results round-up: Palomar, Safety, HCI, Primerica, Root, Genworth, Clover
Seven insurers report Q3 2026 results as specialty premiums climb and acquisition timelines draw closer
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Five years after its Series A, insurance AI startup Kalepa raises $75M at $470M valuation
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AI-Powered Insurance Startup Kalepa Valued at $470M in New Funding Round
Insurance startup Kalepa on Oct. 5 said it raised $75 million at a $470 million valuation, as investors bet that AI solutions can speed up the slow, data-heavy work of pricing risk and writing policies. Growth equity…
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Kalepa raises $75m to expand AI underwriting platform
Insurance AI firm Kalepa has raised $75 million in Series B funding at a $470 million valuation, as it looks to expand its AI platform across the insurance value chain and into new markets.
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Travelers AI tool lets agents skip workers comp data entry
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Open Accelerates Avios Car Insurance Launch with Applied Rating Hub
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Prudential’s AI rollout sharpens focus on insurance workflows
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DXC doubles down on AI engineering talent to restart revenue growth
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Marsh plans captive insurance services in Bahrain
The expansion follows Marsh’s receipt of captive insurance licenses in Dubai in 2008 and Abu Dhabi in 2018.
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Insurity Challenges the P&C Insurance Industry to Rethink Who Owns AI as Core Platforms Race to Acquire It
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The Latest Launches from Insurify, Insurity
Insurify, an online insurance marketplace, announced the launch of its AI Agent Gateway with the aim of giving consumers a faster, more efficient way to shop for insurance using their personal AI agents. The gateway…
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Amdocs Enters Insurance With $340 Million EIS Acquisition
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Inszone acquires Whitman & Samuelson Insurance Services
Whitman and his team will join Inszone, with clients gaining access to its insurance markets, technology and back-office support.
The 40 most recent of 1737 stories naming a company based in the United States.