Best InsurTech Companies in New South Wales, Australia
The 85 best InsurTech companies in New South Wales, Australia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Honey Insurance.
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best InsurTech companies in New South Wales
| # | Company | Last round | Disclosed funding | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Mozo Comparison platform for financial products with crowd soured data serving as reference | — | $1M | 46 | 2008 | — | SentryRubyRuby on Rails+27 | — |
| 2 | adaptra Adaptra is a Project Management Services provider, specialising in the management of IT projects and business… | — | — | 100 | 1996 | — | — | — |
| 3 | Aligned Business Insurance product configuration platform enabling sales automation | — | — | — | 2010 | Kevin Jin Founder / CTO | — | — |
| 4 | ANJN Group Cloud-based health insurance platform for businesses | — | — | — | 2016 | Anton Royce CEO | — | — |
| 5 | Appellon Provider of employee well being solutions | — | — | — | 2008 | Sue Jauncey Founder & CEO | AlgoliaNode.jsChart.js+17 | — |
| 6 | Audeamus Risk Provider of operational risk intelligence and resilience platform | — | — | — | 2015 | Aleksandar Kovacevic Founder & Managing Partner | — | — |
| 7 | Axe Group Software platform for claims and policy managament | — | — | 120 | 1997 | — | WordPressMySQLPHP+19 | — |
| 8 | Be Software International SaaS based workflow management & valuation tools | — | — | — | 2004 | Renato Parletta Founder & CEO | — | — |
Top 12 InsurTech companies in New South Wales
#1
Seed · Sydney, New South Wales · founded 2018 · 17 employees$6.5Mraised▾
Risk management solutions for insurers. It offers an AI-based solution that enables institutions to mitigate climate risks. Its features include real-time event response, monitoring of global climate, and more. Its products include ForeCyc for short-term probabilistic tracking of the forecast, HindCyc for post-landfall event response, and more. It enables insurers to understand its exposure to catastrophic events.
- Mar 2025Seed$4M
- Jun 2023Seed$4.6M
- Jan 2022Seed—
#2
Series A · Sydney, New South Wales · founded 2019$2.8Mraised▾
Online comparison platform for business insurance. It offers solutions for products liability insurance, professional indemnity insurance, property damage, and more. It offers solutions for small businesses, startups & freelancers, online businesses & associations, and more. It also offers claims assistance solutions.
- Feb 2025Conventional Debt$8M
- Feb 2025Series A$11M
- Jul 2022Conventional Debt$2M
- Jul 2022Seed$2.7M
#3
Series A · Sydney, New South Wales · founded 2016 · 59 employees$119.9Mraised▾
Online property insurance platform for homeowners, renters and landlords. It offers coverage for natural disaster damage, Rebuilding, damage to equipment, theft or vandalism, temporary accommodation, liability & legal protection, and more. It offers protection of contents from unpredictable weather and the impacts of cyclones, floods, storms and bushfires.
- Apr 2024Series A$108M
- Jun 2021Seed$11.9M
#4
Acquired · Sydney, New South Wales · founded 2018 · 60 employees$60.6Mraised▾
Earnd is a financial wellness program for employees. The solution allows users to set their salary schedule and access earned pay when they need it. The amount is transferred to the employee's bank account and automatically deducted from the payroll. It can be integrated with the existing payroll system of the employer.
- Apr 2022Series C$58.1M
- Mar 2019Seed$2.5M
#5
Series A · Sydney, New South Wales · founded 2019$4Mraised▾
Provider of SaaS-enbaled solutions for real estate professionals. The company develops white-label solutions for real estate brokers, insurance professionals, developers, and property managers. It includes digital property for finance management, data visualization and reporting systems, productivity tools for property developers and agents.
- Dec 2023Series A$4M
#6
Series B · Sydney, New South Wales · founded 2016 · 134 employees$53Mraised▾
AI-based software suite for the insurance industry. It offers agency management software for brokers, AI-based point of the sales platform for brands, and administration, compliance, and distribution for insurers. It also offers instant claims platform for policyholders to submit claims online. It also offers policy management solutions for policyholders.
- Aug 2021Series B$31M
- Aug 2020Series A$3.1M
#7
Seed · Sydney, New South Wales · founded 2021 · 5 employees$1.3Mraised▾
SaaS-based insurance platform offering diversified insurance products. It enables users to insure their phones, laptop, jewelry, and bike. It also offers an app that allows users to view and manage policies, track claims and update payments under one dashboard.
- Feb 2024Grant (prize money)$260.1K
- Dec 2022Seed$1.3M
#8
Series C · Surry Hills, New South Wales · founded 2008 · 200 employees$88.6Mraised▾
BizCover is an online quote comparison platform for small business. It offers insurance quotes for Professional Indemnity, Public Liability, Management Liability, Cyber Liability from over 9 insurance carriers.
- Feb 2020Series C$88.6M
#9
Series A · Sydney, New South Wales · founded 2016$28.4Mraised▾
Online insurance platform offering quotes, online policy management, and claims processing. It offers online services for buying, managing, and claiming insurance. It provides quotes and support, to make insurance accessible for customers.
- Aug 2020Series A$3.1M
- Nov 2018Series A$19.2M
- Jun 2016Angel$6M
#10
Seed · Sydney, New South Wales · founded 2018 · 12 employees$1.5Mraised▾
Provider of AI-based crop insurance platform for farmers. It offers protection against losses due to bad weather. It takes weather data, machine learning, and personalization based on farm produce to provide insurance and self-executing contracts based on blockchain. It helps farmers mitigate the financial impact of poor weather on crops or livestock.
- Sep 2022Seed$1.5M
- Dec 2020Seed—
#11
Acquired · Sydney, New South Wales · founded 2005 · 270 employees$12Mraised▾
Avoka is the Digital Sales Enablement Company and helps to manage customer-facing transactions. It caters to customer experiences for complex transactions like loans, credit card applications, insurance claims, or enrolling for a government product or service. Their suite of Avoka Transact products allow organizations to manage and control multi-channel digital transactions; replace paper, PDF and web forms with applications that integrate all sales channels and improve customer experiences. Provides a field data collection tool to field service with mobile forms, custom data fields and open account or apply for loans.
- Dec 2017Series A$12M
- Sep 2013Seed—
#12
Seed · Sydney, New South Wales · founded 2018 · 12 employees$1.7Mraised▾
Online tax audit insurance platform for individuals and businesses. It offers insurance product that protects accounting firms, financial planners. advisers, service providers. It offers insurance claims support solutions for users.
- Mar 2022Seed$1.7M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Insurtech is moving in Australia
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 7 Australia-affiliated papers.
- Department of Commerce2
- Monash University1
- James Cook University1
- RMIT Vietnam1
- Macquarie University1
- Willingness to pay1
- Health care1
- Contingent valuation1
- Payment1
- Self-insurance1
- Corporate governance1
- Digitization1
- Intermediation1
- Hierarchy1
- Set (abstract data type)1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.