AgentSync
$75 million, Series B, Dec. 7
Description: Digital insurance producer management platform
Round leader: Valor Equity Partners
Other participants: Craft Ventures, Tiger Global, Atreides Management, Anthemis
“The products they’re building upstream and downstream of the core AgentSync producer management solution position the company as the clear leader, and I look forward to supporting the team as they continue to grow.” – Antonio Gracias, CEO of Valor Equity Partners
Genasys
$16.5 million, series unknown, Dec. 13
Description: Policy administration platform
Round leader: Frog Capital
“The company has already created an industry leading modular state-of-the-art platform that is gaining increasing momentum in a transforming ecosystem. The platform allows its customers a much faster time to market.” – Jens Düing, Senior Partner at Frog Capital
PlanGap
$9.4 million, Series A, Dec. 13
Description: “Trigger-based” annuity and life products
Round leader: Cultivation Capital
“PlanGap’s intellectual property, technology and product designs have enabled the insurance industry to provide Americans with new opportunities for control and peace of mind in their retirement income planning.” – Cliff Holekamp, co-founder and managing director at Cultivation Capital
Herald
$8 million, seed round, Dec. 15
Description: Digital infrastructure and APIs for commercial insurance
Round leader: Lightspeed Venture Partners
Other participants: Underscore and Afore Capital
“By building best-in-class tools for software developers, Herald will continue to unlock the necessary innovation on both the carrier and distribution side of the market to move commercial insurance online.” – Yoni Cheifetz, partner at Lightspeed Ventures
Delos Insurance Solutions
$53 million, seed, Dec. 1
Description: MGA for catastrophe insurance, especially wildfires
Round leader: IA Capital
Other participants: Avanta Ventures, Red Dog Capital, Futureland Syndicate
“We are impressed by the robust science behind Delos’ innovative wildfire underwriting model. Delos has developed a creative and viable solution to the persistent problem of insuring homes in areas under threat of wildfire. We are pleased to support them as they expand in California and beyond.” – Matt Perlman, Partner at IA Capital
