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Commodity AI firm ChAI secures seed round funding to expand into AI insurance services

by: Startacus Admin ~ 20th October 2022
  ChAI raises investment to support expansion of its commodity insurance products and empower more businesses to turn the threat of price volatility into an opportunity. Commodities AI Ltd (ChAI), the AI-driven commodity intelligence company, has completed a seed round to help expand its industry-leading services into new markets, providing real-time commodity price forecasts to new global...
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Buckle - the gig insurance solution

by: Startacus Admin ~ 12th August 2022
The lowdown on Buckle, the US-based insurtech platform that's addressing the insurance needs of rideshare and delivery drivers. Insurance. It’s something that we rarely use, costs us a lot, and that we absolutely need. Some people, however, have a harder time with their vehicle’s insurance, because they are classed as non-standard and high risk. This includes delivery drivers who us...
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Insurtech Gateway complete the first close on Seed Fund II.

by: Startacus Admin ~ 21st July 2022
The Insurtech Gateway mission to address the funding gap in early stage insurtech moves forward with the close of Seed Fund II. Insurtech Gateway have just announced the first close of Seed Fund II, which will enable them to support another 20 teams over the next 4 years from pre-seed to Series A. The Gateway are on a mission to close the funding gap in early stage insurtech, and to attrac...
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Kita, the world's first carbon insurer, raises £350k in pre-seed round

by: Startacus Admin ~ 9th June 2022
Innovative startup, Kita secures investment to support build and launch of its essential carbon insurance products. Fab news for Kita, the world’s first carbon insurer, with the announcement that it has raised a heavily oversubscribed £350k pre-seed round led by Insurtech Gateway, alongside investors Carbon13, Climate VC and Echelon Capital. To fight climate change, the world urgen...
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BrokerIQ closes funding for its mortgage and insurance broker solution

by: Startacus Admin ~ 28th April 2022
  Belfast-based BrokerIQ secures investment to support growth and scaling of its innovative customer engagement solution for the insurance and mortgage broker industry. Fantastic news from Belfast-based startup BrokerIQ with the announcement that it has successfully completed the first phase of a two phase seed funding round led by Symvan Capital. The platform will now enter into recru...
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Lloyd’s Lab 8 seeks startups with decarbonisation and supply chain solutions for insurance

by: Startacus Admin ~ 13th January 2022
The award-winning accelerator Lloyd's Lab is back and on the look-out for innovative startups, scaleups and entrepreneurs for its next cohort, Cohort 8. Lloyd’s Lab is once again seeking applications from innovative start-ups with solutions for the insurance industry – this time with an extra focus on decarbonisation and supply chain. Award winning accelerator, Lloyd’s Lab, d...
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Climate insurtech IBISA raises a €1.5m seed round led by Insurtech Gateway.

by: Startacus Admin ~ 13th December 2021
IBISA, the innovative startup aiming to revolutionise how the agricultural ecosystem manages risk, secures investment to support further expansion into existing and new markets. It’s a great end to the year for Luxembourg based startup IBISA which has just raised a €1.5m seed round, led by specialist incubator + venture fund Insurtech Gateway, alongside other strategic co-investors i...
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Fintech insurance startup Nimbla raises £5.1m

by: Startacus Admin ~ 3rd November 2021
London-based startup Nimbla secures investment to support scaling of its innovative invoice insurance business It’s a good start to the month for London-based fintech startup Nimbla with the announcement of a £5.1m funding round led by Silicon Valley venture fund Fin VC with participation from Barclays Bank. Founded in 2016, the Nimbla platform enables businesses to trade with a pe...
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Choosing A Commercial Insurance Broker: A Guide for Business Owners

by: Startacus Admin ~ 11th October 2021
Unsure what you should be looking for when choosing an insurance broker for your business? These tips will help... Insurance is a crucial aspect for any business. As well as helping to protect you in the event of a crisis, it could also help your company remain profitable during downturns. When it comes to choosing your commercial insurance broker it can be difficult to know where to start. Wi...
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Adiona plans to disrupt the UK’s motor insurance market with its innovative AI and Machine Learning

by: Startacus Admin ~ 13th September 2021
New UK Insurtech brand Adiona launches and reveals mission to use smart tech and data to provide fairer premiums and a better customer experience A new technology-driven brand has just been launched in London with the aim of changing the model of how drivers in the UK are charged for motor insurance. Led by a number of global industry leaders, Adiona is on a mission to fix the ‘broken&rsq...
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