Industry News and Headlines

InsurTech Funding Tops $1bn in February as AI Investment Surges

Global InsurTech funding topped $1 billion in February, propelled by a $703 million debt raise from Howden Group. Excluding Howden, venture‑backed firms secured roughly $376 million across 11 deals, keeping pace with January’s activity. AI‑centric companies dominated the venture pool, with notable rounds such as Lassie’s $75 million Series C, mea’s $50 million growth investment, and Harper’s $47 million seed/Series A. The United States contributed eight of the twelve deals, underscoring its continued leadership in InsurTech capital flows.