Orus offers business insurance products to restaurant owners and other small companies

It’s not every day that you hear about a large funding round for a French startup in the current funding environment. But Neat, a Paris-based insurtech startup, has managed to raise €50 million (around $55 million at current exchange rates). There is some fine print however. In addition to the traditional equity-for-cash financial transaction, a portion of this funding round is a debt facility. It’s around 60% in equity and 40% in debt, according to the company. So it’s more like a €30 million

Sep 10, 2024

Amsterdam-based insurtech startup Insify has completed its Series A funding round with another €10 million ($10.7 million at today’s exchange rate). Overall, the startup has raised €25 million as part of its Series A round ($26.7 million). Munich Re Ventures, the venture capital division of the large reinsurance company, is leading the extension round. Insify […]

Jun 7, 2023

Lula, a startup which aims to be the “Stripe for insurance,” has raised $35.5 million in a Series B funding round after experiencing a massive surge in customers. When TechCrunch reported on Lula’s $18 million Series A raise in July of 2021, the company was focused on building an insurance API that aimed to “eliminate […]

Aug 3, 2023

Cyber risk has become an increasingly important issue for small companies around the world. While many companies try to avoid and mitigate cyber risks, they rarely discuss transferring those risks to a third party. That’s why Stoïk is stepping in with a cyber insurance product specifically designed for small and medium-sized businesses. The French startup recently raised a €25 million Series B round (around $27 million at current exchange rates). In many ways, Stoïk follows in the footsteps of

Oct 14, 2024