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Who Funds Insurtech Startups?

Discover 30 funding sources for Insurtech startups: VC funds, accelerators, and free resources.

11
VC Funds
6
Accelerators
13
Free Programs
$4.2M
Avg Check Size

Insurtech Funding Landscape

Market Overview

The insurtech sector has 30 active funding sources globally, with funding trends showing steady growth with increased focus on sustainable business models.

Competition level is moderately competitive, making it moderately competitive with good opportunities for quality startups in this space.

Success Factors

Strong technical team with domain expertise
Clear market validation and traction metrics
Defensible technology or business model
Large addressable market opportunity
Experienced advisors and mentors

Funding Strategy

Recommended Approach

  • • Start with free resources to minimize operational costs
  • • Apply to industry-specific accelerators for mentorship
  • • Build relationships with VCs before you need funding
  • • Focus on funds with relevant portfolio companies

Timing Considerations

  • • Allow 3-6 months for fundraising process
  • • Accelerator applications have seasonal deadlines
  • • VC funding often correlates with market cycles
  • • Free programs can be accessed year-round

VC Funds Investing in Insurtech

Insurtech Ventures 1

Multi-location

series-a stage focus

$6M
Check Size

Investment Focus

InsurtechSaas

Recent Insurtech Investments

TechCorp, StartupAI, DataFlow
Learn More →

Insurtech Ventures 2

Multi-location

series-b stage focus

$5M
Check Size

Investment Focus

InsurtechSaas

Recent Insurtech Investments

TechCorp
Learn More →

Insurtech Ventures 3

Multi-location

series-b stage focus

$4M
Check Size

Investment Focus

InsurtechSaasEnterprise Software

Recent Insurtech Investments

TechCorp, StartupAI, DataFlow
Learn More →

Insurtech Ventures 4

Multi-location

seed stage focus

$5M
Check Size

Investment Focus

InsurtechSaasEnterprise Software

Recent Insurtech Investments

TechCorp, StartupAI
Learn More →

Insurtech Ventures 5

Multi-location

series-b stage focus

$4M
Check Size

Investment Focus

InsurtechSaas

Recent Insurtech Investments

TechCorp, StartupAI, DataFlow
Learn More →

Insurtech Ventures 6

Multi-location

seed stage focus

$9M
Check Size

Investment Focus

InsurtechSaasEnterprise Software

Recent Insurtech Investments

TechCorp
Learn More →

Insurtech Ventures 7

Multi-location

series-a stage focus

$6M
Check Size

Investment Focus

InsurtechSaasEnterprise Software

Recent Insurtech Investments

TechCorp, StartupAI, DataFlow
Learn More →

Insurtech Ventures 8

Multi-location

series-a stage focus

$6M
Check Size

Investment Focus

InsurtechSaasEnterprise Software

Recent Insurtech Investments

TechCorp, StartupAI, DataFlow
Learn More →

Insurtech Ventures 9

Multi-location

seed stage focus

$11M
Check Size

Investment Focus

InsurtechSaasEnterprise Software

Recent Insurtech Investments

TechCorp
Learn More →

Insurtech Ventures 10

Multi-location

series-a stage focus

$7M
Check Size

Investment Focus

InsurtechSaas

Recent Insurtech Investments

TechCorp, StartupAI
Learn More →

Insurtech Ventures 11

Multi-location

series-b stage focus

$10M
Check Size

Investment Focus

InsurtechSaasEnterprise Software

Recent Insurtech Investments

TechCorp, StartupAI, DataFlow
Learn More →
View All Insurtech VC Funds

Insurtech Accelerator Programs

Insurtech Accelerator 1

Remote + On-site

$129K
for 7% equity

Program Focus

InsurtechInnovationGrowth
Next Deadline: 2024-01-15Apply Now →

Insurtech Accelerator 2

Remote + On-site

$194K
for 8% equity

Program Focus

InsurtechInnovationGrowth
Next Deadline: 2024-10-15Apply Now →

Insurtech Accelerator 3

Remote + On-site

$196K
for 8% equity

Program Focus

InsurtechInnovationGrowth
Next Deadline: 2024-01-15Apply Now →

Insurtech Accelerator 4

Remote + On-site

$95K
for 8% equity

Program Focus

InsurtechInnovationGrowth
Next Deadline: 2024-10-15Apply Now →

Insurtech Accelerator 5

Remote + On-site

$138K
for 7% equity

Program Focus

InsurtechInnovationGrowth
Next Deadline: 2024-11-15Apply Now →

Insurtech Accelerator 6

Remote + On-site

$102K
for 7% equity

Program Focus

InsurtechInnovationGrowth
Next Deadline: 2024-05-15Apply Now →
View All Insurtech Accelerators

Free Resources for Insurtech Startups

AWS

hard

Cloud Credits

$100K
Learn More →

Google Cloud

medium

Developer Tools

$200K
Learn More →

Microsoft

hard

Developer Tools

$25K
Learn More →

GitHub

medium

Productivity Design

$100K
Learn More →

Stripe

hard

Productivity Design

$100K
Learn More →

HubSpot

hard

Productivity Design

$200K
Learn More →

Notion

hard

Marketing Growth

$100K
Learn More →

Figma

hard

Cloud Credits

$1K
Learn More →

AWS

hard

Cloud Credits

$1K
Learn More →

Google Cloud

medium

Cloud Credits

$50K
Learn More →

Microsoft

medium

Developer Tools

$100K
Learn More →

GitHub

hard

Productivity Design

$5K
Learn More →

Stripe

easy

Marketing Growth

$200K
Learn More →
View All $2.5M in Free Resources

Funding Preparation Checklist

Before You Apply

Comprehensive pitch deck (10-12 slides)
Financial projections and unit economics
Product demo or prototype
Market research and competitive analysis
Team backgrounds and advisory board
Intellectual property documentation
Customer testimonials or letters of intent
Legal structure and cap table

Insurtech-Specific Tips

Market Size: Clearly articulate the insurtech market opportunity and your addressable market size.
Technical Depth: Demonstrate deep understanding of insurtechchallenges and your technical solution.
Traction Metrics: Show relevant KPIs for insurtech startups, such as user adoption or revenue growth.

Frequently Asked Questions

How competitive is funding for Insurtech startups?

Insurtech startup funding is moderately competitive, with 11 active VC funds and 6 accelerator programs globally. The average check size is $4.2M, requiring strong differentiation and traction.

What do Insurtech investors look for?

Insurtech investors typically prioritize strong technical team with domain expertise and clear market validation and traction metrics, along with strong technical teams and clear market validation. Domain expertise in insurtechis often crucial for gaining investor confidence.

Should I apply to multiple funding sources simultaneously?

Yes! Most successful Insurtech startups apply to multiple funding sources. Start with free resources to reduce costs, apply to relevant accelerators for mentorship and initial funding, then approach VCs for larger rounds. Having multiple options creates leverage in negotiations.

Related Resources

Other Industries

Who Funds Artificial Intelligence? →Who Funds Machine Learning? →Who Funds Deep Tech? →

More Resources

Startup Funding Guides →Pitch Deck Templates →Complete Investor Database →

Last updated: 8/18/2025 | Data aggregated from VC databases, accelerator programs, and startup resources |About our methodology