Who Funds Insurtech Startups in Alaska?

Complete funding guide for insurtech entrepreneurs in Alaska. Find 13 VC funds, 3 accelerators,4 angel networks, and 2 grant opportunities.

$140M
Total 2025 Funding
98
Deals Completed
$4M
Avg Round Size
16
Active Funders

Insurtech Startup Funding Landscape in Alaska

Market Overview

The insurtech startup ecosystem in Alaska has experienced remarkable growth, with $140M in funding across 98 deals in 2025.This represents 17% year-over-year growth compared to the previous year, positioning Alaskaas a highly competitive market forinsurtech innovation.

The average funding round size of $4M reflects strong investor confidence in Alaska-based insurtech startups. Competition levels are currently high, with 13 active VC funds specifically targeting this sector.

Top Funded Sectors in Alaska

InsurtechArtificial IntelligenceSoftware As A Service

Location Advantages

Alaska offers a concentrated insurtech ecosystem with specialized talent

Strong government support for insurtech innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Insurtech Startups

  • Deep expertise in insurtech domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Insurtech VC Funds in Alaska

13 active funds

Alaska Insurtech Partners A

📍 Alaska📅 Founded 2015💰 $480M AUM

series-b stage focus • 45 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 1
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners B

📍 Alaska📅 Founded 2017💰 $545M AUM

seed stage focus • 26 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 2
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners C

📍 Alaska📅 Founded 2023💰 $326M AUM

seed stage focus • 58 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 3
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners D

📍 Alaska📅 Founded 2019💰 $474M AUM

series-a stage focus • 35 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 4
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners E

📍 Alaska📅 Founded 2021💰 $228M AUM

series-b stage focus • 27 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 5
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners F

📍 Alaska📅 Founded 2011💰 $577M AUM

series-b stage focus • 48 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise Software

Recent Insurtech Investments

InsurtechCorp 6
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners G

📍 Alaska📅 Founded 2013💰 $356M AUM

series-b stage focus • 41 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 7
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners H

📍 Alaska📅 Founded 2021💰 $371M AUM

series-a stage focus • 23 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise Software

Recent Insurtech Investments

InsurtechCorp 8
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners I

📍 Alaska📅 Founded 2017💰 $555M AUM

series-a stage focus • 21 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 9
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners J

📍 Alaska📅 Founded 2010💰 $361M AUM

series-a stage focus • 49 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 10
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners K

📍 Alaska📅 Founded 2023💰 $460M AUM

seed stage focus • 63 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 11
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners L

📍 Alaska📅 Founded 2019💰 $102M AUM

seed stage focus • 48 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise Software

Recent Insurtech Investments

InsurtechCorp 12
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Alaska Insurtech Partners M

📍 Alaska📅 Founded 2021💰 $415M AUM

series-a stage focus • 56 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

InsurtechEnterprise SoftwareArtificial Intelligence

Recent Insurtech Investments

InsurtechCorp 13
Alaska AI
DataInsurtech Inc
Active in insurtech sector • Invests in Alaska-based startups
Learn More →

Insurtech Accelerators in Alaska

3 programs

Alaska Insurtech Accelerator 1

📍 Alaska⏱️ 12-16 weeks👥 10 startups/batch
$185K
for 5% equity
82% success rate

Program Focus

InsurtechStartup GrowthProduct Development
Next Application Deadline: 2024-01-15
Meetings:
Apply Now →

Alaska Insurtech Accelerator 2

📍 Alaska⏱️ 12-16 weeks👥 15 startups/batch
$282K
for 7% equity
82% success rate

Program Focus

InsurtechStartup GrowthProduct Development
Next Application Deadline: 2024-09-15
Meetings:
Apply Now →

Alaska Insurtech Accelerator 3

📍 Alaska⏱️ 12-16 weeks👥 23 startups/batch
$229K
for 5% equity
89% success rate

Program Focus

InsurtechStartup GrowthProduct Development
Next Application Deadline: 2024-12-15
Meetings:
Apply Now →

Angel Investor Networks in Alaska

4 networks

Alaska Insurtech Angels

👥 109 members💰 $55K avg investment

📍 Alaska

Focus Industries

InsurtechTechnologyInnovation
Meets: Monthly
Connect →

Alaska Insurtech Angels

👥 94 members💰 $115K avg investment

📍 Alaska

Focus Industries

InsurtechTechnologyInnovation
Meets: Monthly
Connect →

Alaska Insurtech Angels

👥 99 members💰 $42K avg investment

📍 Alaska

Focus Industries

InsurtechTechnologyInnovation
Meets: Monthly
Connect →

Alaska Insurtech Angels

👥 86 members💰 $32K avg investment

📍 Alaska

Focus Industries

InsurtechTechnologyInnovation
Meets: Monthly
Connect →

Insurtech Grants Available in Alaska

SBIR Insurtech Grant

by Alaska Innovation Agency

Insurtech startups based in Alaska

$1M
Grant Amount
Deadline: 2024-01-28Apply →

STTR Insurtech Grant

by Alaska Innovation Agency

Insurtech startups based in Alaska

$500K
Grant Amount
Deadline: 2024-08-28Apply →

2025 Funding Timeline for Insurtech Startups in Alaska

Q1 2025

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2025

Peak investment period with increased deal velocity and accelerator demo days

Q3 2025

Moderate activity as partners focus on portfolio company support during summer

Q4 2025

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Alaska

FebruaryMarchMay

Frequently Asked Questions: Insurtech Funding in Alaska

How competitive is insurtech startup funding in Alaska?

Insurtech startup funding in Alaska is high, with 13 active VC funds and 3 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in insurtech domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for insurtech startups in Alaska?

Insurtech startups in Alaska raise an average of $4M per funding round, based on 98 deals completed in 2025. This represents 17% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which insurtech accelerators in Alaska have the highest success rates?

Top insurtech accelerators in Alaska report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus oninsurtech and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a insurtech company in Alaska?

Alaska offers several unique advantages for insurtech startups: Alaska offers a concentrated insurtech ecosystem with specialized talent, Strong government support for insurtech innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 13 specialized VC funds, 4 angel networks, and 2 grant programs specifically supporting insurtech innovation.

When is the best time to fundraise for insurtech startups in Alaska?

The optimal fundraising months in Alaska are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with insurtech investors in Alaska?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 13 active VC funds in Alaska. Join relevant insurtech meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Alaska Insurtech Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Insurtech Funding Action Plan for Alaska

1

Research & Prepare

  • • Analyze the 13 VC funds targeting insurtech
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 3 relevant accelerator programs
  • • Connect with 4 angel investor networks
  • • Apply for 2 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Alaska's insurtech ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for high competition levels
Who Funds Insurtech Startups in Alaska? Complete 2025 Guide