Richard Joffe

Tech's 'sleeping giant': Inside the $100 billion industry ripe for disruption

Australian insurtech momentum examined: Honey Insurance's Series A and Cover Genius's raise led Q2 2024 funding, while an Airtree partner argues incumbents have left insurance open to technology-driven challengers.

Also SmartCompany

Three Aussie startups, and a fast food chain, that raised $247.5 million this week

Weekly roundup of four raises: Guzman y Gomez banked $134.5 million at a $1.73 billion valuation, Honey Insurance sealed a $108 million Series A, Skin2Neuron gathered $4 million, and AVESS Energy took $1 million.

Also SmartCompany

Insurtech startup banks $108 million Series A

Home insurer Honey Insurance has raised a $108 million Series A led by US firm Gallatin Point Capital, following a seed round backed by RACQ, AGL, Metricon, Mirvac and PEXA.

The startup funding round: Digital ID verification, smart insurance, and nasal spray to protect against COVID-19

Weekly funding wrap covering several raises including Honey Insurance's record seed round, OCR Labs' Series A, and Ena Respiratory's COVID-19 nasal spray funding, plus Investible's second fund first close.

Also SmartCompany·Startup Daily·SmartCompany

BNPL founders pile into record $15.5 million seed round for insurtech startup Honey

Honey Insurance has raised $15.5 million in seed funding backed by RACQ, PEXA, Metricon and founders of Zip and Afterpay, to launch its smart-home insurance offering.

Honey Insurance launches with $15.5M AUD, the largest seed round ever for an Australian tech startup

Australian home insurer Honey Insurance launched with a A$15.5 million seed round, reportedly the country's largest, led by insurers and property firms alongside several fintech executives investing personally.

Also Startup Daily·SmartCompany·SmartCompany·Forbes Australia