InsurTech · United States, India

Best InsurTech Companies in United States

Updated 2026-06-16 · Ranked by funding & momentum

2508 indexable InsurTech companies headquartered in United States, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $46.9B across 842 funded companies, including 28 unicorns.

2,508
Companies
$46.9B
Total Funding
842
Funded
28
Unicorns
11
Rounds (90d)

Ranked: Best InsurTech companies in United States

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Devoted Health Unicorn
Provider of healthcare insurance plans for individuals
$2.3B $12.6B
as of 2021
Series F Series F Jan 2026 1,841 2017 ↑ Active
2 Cambridge Mobile Telematics
Provider of AI-powered telematics and mobility safety solutions
$502.5M Series D Series D Mar 2026 318 2010 ↑ Active
3 Openly
Premium home insurance provider supporting independent agents
$237.6M Series E Series E Apr 2026 157 2017 ↑ Active
4 Acrisure Unicorn
Provider of insurance and business solutions for individuals and businesses
$6.2B $23B
as of 2022
Acquired Series D May 2025 70 2005 ↑ Active
5 Chapter Unicorn
Digital medicare plan and benefits management tool for employees and individuals
$109M Series E Series E Apr 2026 91 2013 ↑ Active
6 Clearcover Unicorn
Online platform that provides automotive insurance
$406M $1B
as of 2021
Series D Series D Oct 2025 450 2016 ↑ Active
7 Gradient
AI-based claims automation and auditing solutions for the insurance industry
$89.7M Series C Conventional Debt Mar 2026 108 2018 ↑ Active
8 Kin Unicorn
Online platform for homeowner insurances for individuals
$372.4M $1B
as of 2023
Series E Series E Sep 2025 504 2016 ↑ Active
9 Strala
Provider of AI-assisted claims handling and third-party administrator (TPA) solutions
$55.3M Series B Series B Mar 2026 2024 ↑ Active
10 Nirvana Unicorn
AI-based insurance risk management and pricing solutions for the fleet insurance industry
$79M Series D Series D Dec 2025 10 2020 ↑ Active
11 Amplify Life Insurance
Online insurance comparison platform
$60.9M Series B Series B Dec 2025 55 2019 ↑ Active
12 Beam
Provider of health insurance solutions for employees
$239.2M Series E Series E Jul 2025 230 2012 ↑ Active
13 Coalition Unicorn
Online property and casualty insurance platform for businesses
$770M $5B
as of 2022
Series F Series F Mar 2025 471 2017 ↑ Active
14 Gravie
Health insurance & benefit marketplace for employees
$262.7M Series G Series G Jun 2025 70 2013 ↑ Active
15 Benefitbay
Provider of a benefits administration platform for employees
$6.7M Series A Series A May 2026 14 2013 ↑ Active
16 Angle
Provider of technology-enabled health insurance plans for employers and employees
$62M Series B Series B Dec 2025 47 2019 ↑ Active
17 Coterie
Online insurance platform for small businesses
$99.2M Series B Series B Sep 2025 137 2018 ↑ Active
18 CyberCube
Cloud based cyber risk analytics and insurance underwriting solutions for the insurance industry
$100M Series D Series D Oct 2025 76 2016 ↑ Active
19 4L Data Intelligence
Provider of AI-enabled healthcare insurance solutions
$5.6M Series B Series B May 2026 19 2022 ↑ Active
20 Shepherd
Insurance software suite for businesses
$13.5M Series B Series B Mar 2026 2020 ↑ Active
21 SF Insuretech
Provides database for auto insurers
$6M Series A Series A Apr 2026 2018 ↑ Active
22 SageSure Unicorn
Online property comparison platform for individuals and businesses
$250M $1B
as of 2023
Series D Series D May 2025 600 2006 ↑ Active
23 Sixfold
AI-based platform offering software for insurance intermediaries and agency management
$21.5M Series B Series B Jan 2026 9 2023 ↑ Active
24 Fulcrum
Provider of AI-powered process automation software for insurance brokers
$25.1M Series A Series A Jan 2026 2023 ↑ Active
25 Alaffia Health
AI platform for healthcare claims management and automation
$17.6M Series B Series B Feb 2026 22 2020 ↑ Active
26 Federato AI
Ai powered risk management platform that streamlines underwriting processes for insurance companies
$40M Series D Series D Nov 2025 24 2020 ↑ Active
27 Bennie
Provider of employee benefits platform and brokerage services for employers
$38M Series A Series A Dec 2025 87 2019 ↑ Active
28 Manage My
Insurance software suite
$20M Series B Series B Feb 2026 5 2018 ↑ Active
29 PayMedix
Provider of healthcare payment processing system for insurance sector
$25M Series C Series C Jan 2026 16 2021 ↑ Active
30 Nava Benefits
Provider of employee benefits brokerage and administrative services
$60M Series C Series C Oct 2025 101 2019 ↑ Active
31 Bestow
Online life insurance platform
$145M Series D Series D May 2025 218 2016 ↑ Active
32 Informed
Developer of an aggregation API solutions for banking
$20M Series B Series B Dec 2025 51 2016 ↑ Active
33 NovaData Solutions
Platform for automated invoice review and processing for property claims
$2.7M Series B Series B May 2026 2 2021 ↑ Active
34 SelectQuote
Online life insurance comparison platform for individuals
$350M Public Post IPO Feb 2025 2,035 1984 ↑ Active
35 Yuzu Health
It is a third party administrator that helps companies create their own health plan
$5M Series A Series A Apr 2026 5 2022 ↑ Active
36 Vouch
Online property insurance platform for businesses
$185M Series D Series D Feb 2025 227 2018 ↑ Active
37 Indico Data
Developer of an agentic decisioning platform for insurance underwriting and claims
$19M Series B Series B Oct 2025 100 2014 ↑ Active
38 Inshur
App-based auto insurance platform for individuals
$54M Series C Series C Jul 2025 136 2016 ↑ Active
39 Parametrix
Online insurance platform for tech businesses
$17.5M Series B Series B Dec 2025 34 2018 ↑ Active
40 Comeryx
Provider of AI-native excess and surplus insurance for artisan contractors
$7.5M Seed Seed Feb 2026 2026 ↑ Active
41 XO Health
Platform offering health plans
$52.2M Series C Series C Aug 2025 2021 ↑ Active
42 Anzen
Provider of risk management tools for insurance providers
$17.5M Series A Series A Nov 2025 9 2020 ↑ Active
43 Branch Unicorn
Provider of auto and home insurance solutions
$280.5M $1.1B
as of 2022
Series D Series D Oct 2024 2 2017 ↑ Active
44 Secondsight AI
Cloud and AI based data privacy management solutions
$3M Series A Series A Apr 2026 20 2019 ↑ Active
45 Paytient
Healthcare prepaid cards for employers
$55.5M Series B Conventional Debt Jun 2025 60 2018 ↑ Active
46 ZestyAI
Decision intelligence platform for the insurance industry
$46M Series B Conventional Debt Jun 2025 79 2018 ↑ Active
47 Gangkhar
Provider of embedded insurance platform for businesses
$4.2M Seed Seed Mar 2026 2016 ↑ Active
48 Develop Health
Provider of AI-powered prior authorization solutions for healthcare
$31.9M Series A Series A Aug 2025 2022 ↑ Active
49 Community Health Network
Provider of healthcare solutions for employees
$49M Funding Raised Grant (prize money) May 2025 13,897 1998 ↑ Active
50 COVU
Provider of insurance agency management solutions
$22.5M Series B Series B Aug 2025 51 2004 ↑ Active

Top 12 InsurTech companies in United States

#1
Devoted Health Unicorn Series F
$2.3B Raised
expand_more
#1

Devoted Health Unicorn Series F

location_onEagan, Minnesota
Founded
2017
Employees
1,841
Funding raised
$2.3B
Valuation
$12.6B · 2021
Stage
Series F

Provider of healthcare insurance plans for individuals. It offers medicare plans and insurance benefits for various healthcare services with benefits and savings, including dental and over-the-counter benefits. It also offers plans for doctor visit, dental and vision protection, hospitals treatment coverage, and more. Also offers insurance comparison guide devoted to health.

Funding rounds (9 disclosed of 9)
Round Date Amount
Series F Jan 2026 $317M
Series F Nov 2025 $48M
Series E Aug 2024 $112M
Series E Dec 2023 $175M
Series D Oct 2021 $1.1B
Series C Apr 2020 $450M
3 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon web servicesant designapolloapple icloud mail+14
#2
$502.5M Raised
expand_more
#2

Cambridge Mobile Telematics Series D

location_onCambridge, Massachusetts
Founded
2010
Employees
318
Funding raised
$502.5M
Stage
Series D

Provider of AI-powered telematics and mobility safety solutions. It delivers real-time driving risk assessment, crash detection, driver coaching, and claims support solutions for insurers, mobility providers, gig platforms, and public sector organizations. Its AI-driven analytics engine combines data from smartphones, vehicles, and connected devices to generate actionable safety insights, helping reduce distracted dr

Funding rounds (3 disclosed of 3)
Round Date Amount
Series D Mar 2026 $350M
Series C Dec 2018 $500M
Series A Sep 2014 $2.5M
Tech stack
amazon sesamazon web servicesaoscloudflarecloudflare bot managementcontact form 7+14
#3
Openly Series E
$237.6M Raised
expand_more
#3

Openly Series E

location_onBoston, Massachusetts
Founded
2017
Employees
157
Funding raised
$237.6M
Stage
Series E

Premium home insurance provider supporting independent agents. The platform enables independent home insurance agents to provide quotes to their clients. It offers benefits and coverages to its clients, which are sold through a network of independent agents.

Funding rounds (8 disclosed of 9)
Round Date Amount
Series E Apr 2026 Undisclosed
Series E Jan 2025 $123M
Conventional Debt Jan 2025 $70M
Series D Sep 2023 $100M
Series C Jun 2022 $75M
Series B Dec 2020 $40M
3 earlier rounds — sign up free
Tech stack
amazon albamazon web servicesapple icloud mailbootstrapcdnjscloudflare+14
#4
Acrisure Unicorn Acquired
$6.2B Raised
expand_more
#4

Acrisure Unicorn Acquired

location_onGrand Rapids, Michigan
Founded
2005
Employees
70
Funding raised
$6.2B
Valuation
$23B · 2022
Stage
Acquired

Provider of insurance and business solutions for individuals and businesses. This includes personal insurance products, mortgage services, and a range of business insurance options catering to both small and large enterprises. Employee benefit services and cybersecurity solutions are also offered. The company supports clients across various industries with specialized expertise and reinsurance capabilities. They prov

Funding rounds (8 disclosed of 8)
Round Date Amount
Series D May 2025 $2.1B
Series C May 2022 $725M
Series C Mar 2021 $3.5B
Series B Dec 2018 $2B
Conventional Debt Nov 2017 $200M
Conventional Debt 2016 $882.8M
2 earlier rounds — sign up free
Founders & key people
Tech stack
accessibeapple icloud mailaudioeyeazurebootstrapcdnjs+14
#5
Chapter Unicorn Series E
$109M Raised
expand_more
#5

Chapter Unicorn Series E

location_onNew York City, New York
Founded
2013
Employees
91
Funding raised
$109M
Stage
Series E

Digital medicare plan and benefits management tool for employees and individuals. The company has developed a platform that enables users to compare and calculate different insurance plans. It has features for personalizing plans and financial saving calculators as well.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series E Apr 2026 $100M
Series D Apr 2025 $75M
Series C May 2024 $50M
Series B Jan 2022 $42M
Series A Sep 2021 $17M
Seed 2013 $20K
Tech stack
cloudflarecloudflare rocket loadercore-jsdatadogdatocmsexpress+14
#6
Clearcover Unicorn Series D
$406M Raised
expand_more
#6

Clearcover Unicorn Series D

location_onChicago, Illinois
Founded
2016
Employees
450
Funding raised
$406M
Valuation
$1B · 2021
Stage
Series D

Online platform that provides automotive insurance. It features a Quick View ID card to manage policy information, submit claims, claims to track, change payment methods, make payments, view payment information, and more. It also validates coverages and determines eligibility for expedited payment.

Funding rounds (9 disclosed of 10)
Round Date Amount
Series D Oct 2025 $25M
Series D Jan 2025 $26.2M
Series D Oct 2024 $44M
Series D Mar 2024 $55M
Series D Apr 2021 $200M
Series C Jan 2020 $50M
4 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon web servicesaosapple icloud mailappnexus+14
#7
Gradient Series C
$89.7M Raised
expand_more
#7

Gradient Series C

location_onBoston, Massachusetts
Founded
2018
Employees
108
Funding raised
$89.7M
Stage
Series C

AI-based claims automation and auditing solutions for the insurance industry. The platform offers solutions for insurance claims management, workflow management, business processing, risk management, and more. It also offers SaaS solutions for broker analytics, risk ranking, portfolio analysis, claims to audit, and more.

Funding rounds (4 disclosed of 5)
Round Date Amount
Conventional Debt Mar 2026 Undisclosed
Series C Jun 2024 $56.1M
Series B Apr 2021 $20M
Series A Oct 2019 $8.7M
Series A Jan 2019 $5M
Founders & key people
Tech stack
amazon web servicesapple icloud mailazurebootstrapcloudflarecloudflare bot management+14
#8
Kin Unicorn Series E
$372.4M Raised
expand_more
#8

Kin Unicorn Series E

location_onChicago, Illinois
Founded
2016
Employees
504
Funding raised
$372.4M
Valuation
$1B · 2023
Stage
Series E

Online platform for homeowner insurance platform for individuals. It offers claims settlement services. It features a repair program for policyholders to rebuild homes. It offers insurance such as condo insurance, vacation home insurance, landlord insurance, and more. It also helps with insurance fraud.

Funding rounds (13 disclosed of 14)
Round Date Amount
Series E Sep 2025 $50M
Conventional Debt Sep 2025 $200M
Series D Jan 2024 $15M
Series D Sep 2023 $33M
Series D Mar 2023 $15M
Conventional Debt Oct 2022 $145M
8 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon web servicesamobeeangularapple icloud mail+14
#9
Strala Series B
$55.3M Raised
expand_more
#9

Strala Series B

location_onSan Francisco, California
Founded
2024
Funding raised
$55.3M
Stage
Series B

Provider of AI-assisted claims handling and third-party administrator (TPA) solutions. The company offers a platform that automates claims processing using artificial intelligence. It provides tools for claims routing, fraud detection, and real-time analytics. The platform integrates with existing systems to streamline workflows and optimize decision-making. It also offers multi-channel communication capabilities for

Funding rounds (2 disclosed of 2)
Round Date Amount
Series B Mar 2026 $51.3M
Series A Mar 2025 $4M
Tech stack
apple icloud mailcloudflareframer sitesgoogle font apigoogle workspacehsts+4
#10
Nirvana Unicorn Series D
$79M Raised
expand_more
#10

Nirvana Unicorn Series D

location_onSan Francisco, California
Founded
2020
Employees
10
Funding raised
$79M
Stage
Series D

AI-based insurance risk management and pricing solutions for the fleet insurance industry. It uses telematics & artificial intelligence technology for predictive risk models and safety performance. It offers underwriting and real-time reporting & tracking of claims.

Funding rounds (4 disclosed of 4)
Round Date Amount
Series D Dec 2025 $100M
Series C Mar 2025 $80M
Series B Oct 2023 $57M
Series A Feb 2022 $22M
Tech stack
activecampaignapple icloud mailcdnjscloudflarecookiebotcore-js+14
#11
$60.9M Raised
expand_more
#11

Amplify Life Insurance Series B

location_onSan Francisco, California
Founded
2019
Employees
55
Funding raised
$60.9M
Stage
Series B

Online insurance comparison platform. It offers a platform for users to browse the list of service providers and select the best plans and benefits. It allows users to get quotes and complete the policy approval process.

Funding rounds (6 disclosed of 8)
Round Date Amount
Series B Dec 2025 $6.2M
Series B Jun 2024 $20M
Series B Feb 2024 $16.3M
Series A Oct 2022 Undisclosed
Series A Jun 2022 $10.1M
Series A Oct 2021 $12M
2 earlier rounds — sign up free
Founders & key people
Tech stack
amazon web servicesapple icloud mailbootstrapcloudflarecloudflare bot managementcore-js+14
#12
Beam Series E
$239.2M Raised
expand_more
#12

Beam Series E

location_onColumbus, Ohio
Founded
2012
Employees
230
Funding raised
$239.2M
Stage
Series E

Provider of health insurance solutions for employees. It offers digital quoting for customized pricing, and an online portal for instant access to plan information and management. The insurance offered includes dental, vision, life, disability, and supplemental health coverage.

Funding rounds (12 disclosed of 12)
Round Date Amount
Series E Jul 2025 $24M
Series E Apr 2024 $29.8M
Series E Sep 2023 $40.9M
Series E Mar 2021 $80M
Series D May 2019 $55M
Series C May 2018 $22.5M
6 earlier rounds — sign up free
Tech stack
amazon web servicescloudflarecloudflare bot managementcore-jsenvoyfont awesome+14

Recent signals in United States InsurTech

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Funding & investor landscape

Total raised
$46.9B
across these companies
Companies funded
842
with disclosed funding
Highest-funded
$6.2B raised

Most active investors

PC Plug and Play Tech Center 73 investments in InsurTech YC Y Combinator 60 investments in InsurTech IN InsurTech NY 51 investments in InsurTech T Techstars 35 investments in InsurTech IH Insurtech Hub 32 investments in InsurTech ID InsurTech Directory 27 investments in InsurTech VF Viola FinTech 27 investments in InsurTech MV MS&AD Ventures 25 investments in InsurTech BV BrokerTech Ventures 24 investments in InsurTech 5G 500 Global 23 investments in InsurTech GA Global Insurance Accelerator 22 investments in InsurTech RM Right Side Capital Management 21 investments in InsurTech

Notable founders in United States InsurTech

TP Todd Park Co-Founder, Executive Chairman Devoted Health · $2.3B raised
EP Ed Park Co-Founder & Co-CEO Devoted Health · $2.3B raised
SH Suad Hashi Co-CEO Devoted Health · $2.3B raised
WP William Powers Co-Founder & CEO Cambridge Mobile Telematics · $502.5M raised
SM Samuel Madden Co-Founder & Chief Scientist Cambridge Mobile Telematics · $502.5M raised
HB Hari Balakrishnan Co-Founder; Chairman & CTO Cambridge Mobile Telematics · $502.5M raised
RN Ricky Norris Co-Founder Acrisure · $6.2B raised
CG Cobi Gantz Co-Founder & CEO Chapter · $109M raised
CM Corey Metzman Co-Founder Chapter · $109M raised
DB Derek Brigham Co-Founder & Chief Operating Officer Clearcover · $406M raised
KN Kyle Nakatsuji Co-Founder & CEO Clearcover · $406M raised
SS Stan Smith Founder & CEO Gradient · $89.7M raised

Frequently asked questions

How many InsurTech companies are there in United States?
Radar tracks 2508 indexable InsurTech companies headquartered in United States, India, that meet our profile-completeness bar.
What is the total funding raised by InsurTech companies in United States?
The InsurTech companies in United States on this list have raised a combined $46.9B in disclosed equity funding across 842 funded companies.
Which is the highest-funded InsurTech company in United States?
Acrisure is the highest-funded InsurTech company in United States, with $6.2B in disclosed equity funding.
How many InsurTech companies in United States are funded?
842 of the 2508 InsurTech companies in United States on this list have disclosed at least one equity funding round.
How many InsurTech unicorns are there in United States?
28 InsurTech companies in United States on this list are valued at $1B or more.
Who are the top investors in United States InsurTech companies?
The most active investors in United States InsurTech companies on this list include Plug and Play Tech Center, Y Combinator, InsurTech NY, Techstars, Insurtech Hub.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-16.

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