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Four months after Intel shut it down, Ignite relaunches as an independent accelerator
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Israel launches its first domestically built quantum computer
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Boomi acquires Israeli data management startup Rivery in $100M deal
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Spyware startup Paragon acquired for up to $900M by investment firm AE
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The Wiz of GenAI security? “Lasso has the potential to be a once-in-a-decade company in cyber”
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Insurtech

20 stories about Insurtech
מוסף 50 הסטארטאפים המבטיחים מימין אלון חורי ניסים טפירו מייסדים נקסט next

Next Insurance doubles value in five months, targeting new funding at $4 billion valuation

22.02.21|Golan Hazani
The Israeli insurtech company is currently conducting a roadshow for investors in the U.S. and is aiming to raise at least $250 million
אפרת דגן Efrat Dagan Next Insurance

Candidates are less prone to switch jobs in Covid-19, claims Next Insurance

11.02.21|CTech
The pandemic brought plenty of uncertainty when it came to the job market, but insurtech startup Next Insurance was still on a mission to find top talent
אסף וונד מנכ"ל היפו hippo

Report: Hippo heading to Wall Street at $5 billion valuation

06.02.21|Meir Orbach
The Israeli founded insurtech company is in negotiations with SPAC Reinvent Technology Partners, that includes Zynga Inc. founder Mark Pincus and LinkedIn co-founder Reid Hoffman as its lead directors
ועידת התחזיות 31.12.19 יורם נוה מנכ"ל כלל ביטוח

Clal Insurance invests $35 million in FinTLV’s second fintech fund

31.01.21|Tzally Greenberg
Israeli fund FinTLV invests in fintech and insurtech startups and has led a fundraising round together with Psagot Investment House and Poalim Capital Markets of $20 million
אסף הנקין SPROUTT

Startups are providing a wakeup call to the insurance industry giants

04.01.21|Assaf Henkin
The current economic uncertainty caused by the Covid-19 pandemic has caused what looks like a future of continued struggles for these insurance giants in the next few years
אריק יוגב מנכ"ל חברת הביטוח של פסגות

Ayalon joins insurtech revolution with launch of joint accelerator with BrokerTech

14.12.20|Irit Avissar
The accelerator is set to run two cohorts a year, with 4-5 startups taking part in each round and receiving investments ranging from NIS 150,000 to NIS 500,000
מימין רותם אירם ו רומן יצקוביץ' מייסדי At Bay

Israel’s At-Bay raises $34 million for cyber insurance

08.12.20|Meir Orbach
“The significant raise we completed this year allows us to deepen our risk and security monitoring services,” says the company’s CRO
אסף וונד מנכ"ל היפו hippo

Insurtech startup Hippo secures $350 million investment from Japanese insurance giant

24.11.20|Golan Hazani
The Israeli-founded company raised $150 million in July and plans to use the new funds to help it achieve its goal of reaching 95% of the U.S. homeowners population in the next year
רועי אגאבאבא מנכ"ל Novidea

Insurtech startup Novidea raises $15 million in series B round

24.11.20|Meir Orbach
“We’re seeing a growing demand in the world for a smart platform that translates insurance data into business insights in real-time, advanced analytic capabilities and information that users can act upon,” said CEO Roi Agababa
Kobi Haber קובי הבר

Israel’s IDI Insurance and Japan-based MSI launch ‘The HUB’ to promote innovation

03.11.20|James Spiro
The partnership will help the two nations develop innovative solutions for the insurtech spaces in Israel and Japan.
רוני על-דור מנכל סאפיינס

Insurance software company Sapiens partners with driver assessment company GreenRoad

24.09.20|CTech
Sapiens’ insurer clients will be able to use GreenRoad’s mobile app to accurately and dynamically assess risks for automotive insurance, based on the individual driver’s performance
מוסף 50 הסטארטאפים המבטיחים מימין אלון חורי ניסים טפירו מייסדים נקסט next

Google’s CapitalG leads $250 million round for small business insurer Next Insurance

23.09.20|Meir Orbach
The round was made at a valuation of over $2 billion and brings the company’s total funding raised to date to $631 million
מוסף שבועי 30.7.20 יוחנן דנינו מפכל ה משטרה ב דימוס

Israeli insurtech startup WeSure hoping to follow in the footsteps of Lemonade and Hippo

06.09.20|Tzali Greenberg
WeSure is aiming to raise $60 million at a valuation of $200 million to fund expansion into U.S. market and is also considering an IPO
איחוד האמירויות

Deals under the radar: These are the Israeli tech companies already operating in the UAE

18.08.20|Sophie Shulman, Hagar Ravet, Meir Orbach
Cooperations in the fields of insurtech, biomedicine, fintech, agtech and cyber lead the way, but the potential for future purchases and investments is vast
אסף וונד מנכ"ל היפו hippo

Hippo challenging Lemonade for insurtech supremacy in unicorn battle of Israeli entrepreneurs

21.07.20|Irit Avisar
After rival Lemonade reached a market cap of over $4 billion, Hippo has completed a $150 million financing round at a valuation of $1.5 billion
מייסדי פלאנק מימין דיוויד שפירו אמיר כהן ו אלעד צור

Insurtech startup Planck raises $16 million in series B round

10.06.20|Meir Orbach
Planck develops software that enables insurance companies to use publicly available data, image processing, and company reports to analyze and perform risk assessments of businesses
רוני על-דור מנכל סאפיינס

Insurance Software Company Sapiens Acquires German Startup Sum.cumo for $32 Million

07.01.20|Tzally Greenberg
With the acquisition, Sapiens’ primary goal is to expand its presence in the DACH region
ועידת מובייל מושב מובייל PAYMENTS משה תמיר

Axell Launches Fintech and Insurtech Innovation Hub in Tel Aviv

06.01.20|Meir Orbach
The innovation hub aims to connect local and international insurance and financial corporations with local startups
פנאי נעלי ריצה

Insurtech Startup Sproutt Raises $12 Million

15.12.19|Adi Pick
Sproutt develops an online service that offers tailored life insurance rates for “healthier” individuals by taking into consideration factors including a person’s lifestyle, health, activities, and diet
מימין שי וינינגר ו דניאל שרייבר מייסדי Lemonade למונייד

Lemonade Releases Financial Data Following News of Shelved IPO

17.11.19|Hagar Ravet
The company reported annual recurring revenue of $104.4 million and a loss ratio of 78%
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