The round also saw participation from existing investors Toscafund, Dale Ventures, and company advisor Bronek Masojada, former CEO of Hiscox. With this latest funding, INSTANDA’s total investment to date now exceeds $85 million.
As insurers continue to modernise their legacy infrastructure, INSTANDA is uniquely positioned at the intersection of three transformative trends: real-time data insight adoption, the use of artificial intelligence in underwriting and claims, and the growing demand for agile, easily controlled technology. The company’s no-code platform, purpose-built for the insurance sector, enables insurers and Managing General Agents (MGAs) to manage complex products across both personal and commercial lines without the need for extensive engineering resources. This capability accelerates product personalisation, reduces the time to market, minimises risk in launching new propositions, and allows for rapid adaptation to regulatory or pricing changes.
Since its previous funding round, INSTANDA has achieved over 40% compound annual growth, reached profitability, and secured new partnerships with major global System Integrators (SIs) and insurtechs such as Coherent. These collaborations are helping insurers overcome legacy system constraints and deliver innovative, market-leading customer experiences. Today, INSTANDA supports more than 80 tier-one insurers and MGAs across the US and UK markets, offering one of the most flexible, cost-effective, and feature-rich platforms in the industry.
With rising demand from commercial lines and life and health insurers, INSTANDA plans to use this funding to accelerate its international expansion, particularly across North America and Europe. The investment will also fuel the advancement of data science-driven capabilities within the platform, further enhancing underwriting processes and enabling hyper-personalised customer experiences. In addition, part of the funding will be allocated to strategic acquisitions aimed at expanding the company’s technological capabilities and broadening its client offerings.
Tim Hardcastle, CEO and Co-founder of INSTANDA, expressed his enthusiasm for the new investment, stating: “This investment reflects both the strength and potential of our platform, our people, and our vision. We are delighted to work with CommerzVentures and leverage their proven expertise in B2B SaaS. With CommerzVentures onboard and continued support from Toscafund and Dale Ventures, we are poised to scale faster, innovate deeper, and deliver even greater value to our diverse client base, from leading MGAs to global carriers operating across multiple markets. At the heart of this next phase of innovation, we will further embed data science and AI in our platform for the benefit of our global client community.”
Patrick Meisberger, Managing Partner at CommerzVentures, commented: “We have always sought to invest in technology companies that make a positive impact within their industries. INSTANDA represents one such opportunity, and we are pleased to be part of this important stage in its journey. We have been particularly impressed by the strength of their platform and the dedication of their team. We look forward to working closely together and exploring the exciting possibilities that lie ahead.”
George Koulouris, Partner at Toscafund, added: “We are pleased to welcome CommerzVentures to the INSTANDA investor community and look forward to collaborating to accelerate the company’s journey towards a market-leading position.”
With this significant funding milestone, INSTANDA is set to strengthen its position as a global leader in no-code insurance technology, driving innovation and digital transformation for insurers and MGAs worldwide.
