FundedIQ

Funded Insurance Startups

The disclosed-round size distribution is anchored by a single outlier: Axonic Insurance raised $210M on 2025-10-31, which dwarfs the next-largest disclosed…

The disclosed-round size distribution is anchored by a single outlier: Axonic Insurance raised $210M on 2025-10-31, which dwarfs the next-largest disclosed amount in the set ($23M for Eir Insurance on 2025-10-06). Below that, disclosed rounds cluster in a much lower band, with several in the single-digit millions (e.g., District Cover’s $6M on 2025-11-13; Pathwork’s $4M on 2025-09-12; Bharatsure’s $1M on 2024-01-18) and a couple sub-$1M entries (IronGrid at $500K on 2025-09-10; VerQ at $750K on 2025-09-17).

Geographically, the list skews toward the U.S. (e.g., District Cover, Axonic Insurance, Insurance Office of America, Pathwork, IronGrid, VerQ, Odie Pet Insurance), with additional entries in Sweden (Eir Insurance), France (Seyna), China (Nuanwa Technology), India (Bharatsure, OneAssure), and Canada (Summit). Temporally, the 15 shown rounds span from 2022-12-06 (Odie Pet Insurance) through 2025-11-19 (Union Bay Risk Advisors), with the most recent year dominated by late-2025 closings. Stage and disclosure mix is also uneven: 4 of 15 rounds are “undisclosed” (Union Bay Risk Advisors; Insurance Office of America; OneAssure) or otherwise not tied to a named stage, and 3 of 15 are explicitly tagged “Venture - Series Unknown” (Eir Insurance, Seyna).

Most recent rounds

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Frequently asked

What’s the largest disclosed insurance round in this list, and how far above the rest is it?

Axonic Insurance’s $210M on 2025-10-31 is the largest disclosed amount shown, and it significantly exceeds the next-largest disclosed round of $23M (Eir Insurance on 2025-10-06). Most other disclosed rounds fall well below $20M (e.g., District Cover $6M on 2025-11-13; Life5 $11M on 2023-06-06).

Do any cities or geographies appear more frequently than others?

The U.S. appears repeatedly across multiple states—e.g., New York (Axonic Insurance), Tennessee (District Cover), Pennsylvania (Union Bay Risk Advisors), California (Pathwork, IronGrid, Odie Pet Insurance), and Florida (Insurance Office of America). Non-U.S. entries are spread across Sweden (Eir Insurance), France (Seyna), China (Nuanwa Technology), India (Bharatsure, OneAssure), and Canada (Summit).

How concentrated are the most recent rounds by timing in this 15-row window?

The newest date is 2025-11-19 (Union Bay Risk Advisors, undisclosed), and a majority of dated rows fall in late 2025 (for example, District Cover on 2025-11-13; Axonic Insurance on 2025-10-31; Eir Insurance on 2025-10-06). The earliest dated entry is 2022-12-06 (Odie Pet Insurance, $3M), so the range is roughly 2022-12 through 2025-11 with clustering in the final months.

What stage mix dominates, and how much of the funding is obscured by undisclosed or unknown categories?

Seed and early stages are well represented among labeled amounts: VerQ (Pre-Seed, $750K on 2025-09-17), IronGrid (Pre-Seed, $500K on 2025-09-10), and multiple Seed rounds (Pathwork $4M on 2025-09-12; Summit $4M on 2024-04-04; Bharatsure $1M on 2024-01-18). Disclosure is uneven: 3 entries are explicitly “undisclosed” (Union Bay Risk Advisors on 2025-11-19; Insurance Office of America on 2025-10-12; OneAssure on 2023-03-09), and 2 entries are tagged “Venture - Series Unknown” with amounts (Eir Insurance $23M on 2025-10-06; Seyna $12M on 2025-09-20).

Are there small-round outliers worth a separate look?

Yes—two disclosed amounts are under $1M: IronGrid’s $500K (2025-09-10) and VerQ’s $750K (2025-09-17). These are close to the bottom of the disclosed range, compared with other lower-but-higher figures like Bharatsure’s $1M (2024-01-18) and Odie Pet Insurance’s $3M (2022-12-06).

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