Best InsurTech Companies in Sydney, Australia
The 69 best InsurTech companies in Sydney, 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 Sydney
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Honey Insurance Online property insurance platform for homeowners, renters and landlords 29Tech top 29%Moat top 29%Funding top 40%Talent bottom 49% All 10 signals ▾Techtop 29% Moattop 29% Fundingtop 40% Talentbottom 49% Productbottom 48% Marketbottom 39% Globalbottom 36% Growthbottom 32% Newsbottom 27% Customersbottom 22% Tech: 48 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Moat: Editorial + unicorn rating 7/10 · 1 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 29/100 | $120M | 26 mo ago | Series A | Richard Joffe Founder & CEO | 2016 | SentryApple iCloud MailFroala Editor+30 | — |
| 2 | Earnd Financial wellness program for employees 37Funding top 37%Product top 42%Market top 50%Customers bottom 44% All 6 signals ▾Fundingtop 37% Producttop 42% Markettop 50% Customersbottom 44% Globalbottom 36% Newsbottom 27% Funding: Raised $60.6M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) Product: 1 published app (60.4k installs) · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 37/100 | $61M | 50 mo ago | Acquired | — | 2018 | — | — |
| 3 | Open AI-based software suite for the insurance industry | $53M | 57 mo ago | Series B | — | 2016 | WebflowApple iCloud MailGoogle Workspace+21 | — |
| 4 | Huddle Online insurance platform offering quotes, online policy management, and claims processing | $28M | 70 mo ago | Series A | Jason Wilby Co-Founder | 2016 | WebflowBootstrapAmazon Web Services+20 | — |
| 5 | Avoka Digital sales enablement and manage customer facing business transactions | $12M | 102 mo ago | Acquired | — | 2005 | — | — |
| 6 | Flamingo AI-based customer support chatbots and virtual assistance solutions for the insurance industry | $8M | 102 mo ago | Deadpooled | — | 2014 | — | — |
| 7 | reask Risk management solutions for insurers 60Talent top 28%AI top 30%Innovation top 32%Growth top 35% All 11 signals ▾Talenttop 28% AItop 30% Innovationtop 32% Growthtop 35% Techtop 43% Producttop 43% Fundingtop 46% Moattop 48% Globalbottom 36% Marketbottom 23% Newsbottom 18% Talent: 4 named leaders on record · 3 C-suite/founder profiles curated AI: Classified as an AI company · Product described with: ai-based rank vs industry peers · Fliar Intelligence Index 60/100 | $7M | 15 mo ago | Seed | Eugene Dubossarsky Co-Founder | 2018 | WordPress Block EditorElementorWordPress+24 | — |
| 8 | Block Builder Provider of SaaS-enbaled solutions for real estate professionals | $4M | 30 mo ago | Series A | Mark Macduffie Co-Founder & CEO | 2019 | — | 1 award |
| 9 | Precision Autonomy Drone inspection solutions for insurers | $4M | 74 mo ago | Series A | Mark Halverson Co-Founder & CEO | 2015 | TypeScriptZone.jsAngular+12 | — |
| 10 | Upcover Online comparison platform for business insurance 37Tech top 28%Talent top 38%Moat top 48%Funding top 49% All 10 signals ▾Techtop 28% Talenttop 38% Moattop 48% Fundingtop 49% Innovationbottom 46% Productbottom 45% Growthbottom 40% Marketbottom 36% Globalbottom 29% Newsbottom 21% Tech: 48 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $3M | 16 mo ago | Series A | Skye Theodorou Co-Founder & CEO | 2019 | Node.jsFirebaseJSS+36 | — |
| 11 | Nod Provider of insurance data management platform | $2M | 90 mo ago | Seed | Joel Robbie Co-Founder & CEO | 2016 | — | — |
| 12 | AuditCover Online tax audit insurance platform for individuals and businesses | $2M | 51 mo ago | Seed | — | 2018 | SentrySalesforceTailwind CSS+8 | 1 award |
| 13 | Hillridge Provider of AI-based crop insurance platform for farmers | $2M | 45 mo ago | Seed | Dale Schilling Co-Founder & CEO | 2018 | — | — |
| 14 | Mozo Comparison platform for financial products with crowd soured data serving as reference | $1M | — | Acquired | — | 2008 | SentryRubyRuby on Rails+27 | — |
| 15 | Butter Insurance SaaS-based insurance platform offering diversified insurance products | $1M | 28 mo ago | Seed | Steph Skevington Co-Founder | 2021 | WebflowAmazon Web ServicesGSAP+24 | — |
| 16 | ExtrasJar Provider of healthcare card to pay for their healthcare extras for users | $600K | 46 mo ago | Seed | John Connor Co-Founder | 2019 | — | — |
| 17 | Sync Technologies SaaS-driven site management software for construction | $590K | 59 mo ago | Seed | Carolina Dreifuss CEO | Co-founder | 2020 | Webflow EcommerceWebflowAmazon Web Services+14 | — |
Top 12 InsurTech companies in Sydney
#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 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
#9
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—
#10
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—
#11
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
#12
Deadpooled · Sydney, New South Wales · founded 2014 · 17 employees$7.6Mraised▾
AI-based customer support chatbots and virtual assistance solutions for the insurance industry. Its product line includes Rossie and Maggie. Rossie is a sales agent that guides customers through their research, quotation, application, and payment journey. Maggie is an inquiry assistant that answers customer queries and is capable of generating and qualifying leads.
- Dec 2017Post IPO$7.6M
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.