Record-breaking InsurTech fundraising in Q3 2020, as ‘funding gap’ widens

By Willis Towers Watson

Solid investor appetite for new and mature opportunities in the InsurTech sector was again in evidence during Q3 2020, as US$2.5 billion was raised by InsurTech firms across 104 deals, up 63% and 41% respectively over the prior quarter. Deals included two US$500 million rounds, but the mid-tier funding gap for firms seeking investments in the US$20 million to US$50 million range has widened, according to a Quarterly InsurTech Briefing from Willis Towers Watson.

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