Category Archives: insurance tech

Hong Kong insurance tech startup OneDegree extends its Series A to a total of $30 million

OneDegree, an insurance technology startup based in Hong Kong, announced today it has extended its Series A round to $30 million, up from the $25.5 million it announced in September. Its extension, which the company is calling its “A2” round, was led by BitRock Capital, an investment firm that focuses on financial tech. Cyberport Macro Fund, Cathay Venture and investors from its initial Series A also participated. The company is preparing to launch its online insurance platform, designed to make buying insurance plans easier for both consumers […]

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Corvus Insurance lands a fresh $10 million to turn sensor data into actionable info for its food and pharma customers

Corvus Insurance, a two-year-old, Boston-based insurance company that uses data across more than 50 criteria to predict and prevent losses for its corporate customers in the food and pharmaceutical industries, has attracted $10 million in funding from .406 Ventures and Hudson Structured, with participation from Bain Capital Ventures. The company had previously raised $4 million seed funding led by Bain. It’s an interesting company. Much of the data it extracts comes from Internet of Things sensors that can be used to predict the likelihood of a claim, […]

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