Insurance Technology Average Funding Experiencing Overall Growth

For this quarter’s funding analysis, let’s examine how average funding in the insurance technology (insurtech) sector is evolving. The graphic below shows the insurtech average funding across all deals over time by quarter.

Insurance Technology Average Funding Deal Size
Insurance Technology Average Funding Deal Size

As the graphic demonstrates, insurance technology average funding deal size in Q1 2019 was at $39M, which increased by 147% from the $16M in the same quarter last year. The average funding deal size has demonstrated upward growth, with the average funding last quarter around 3 times larger than it was 5 years ago. The top three funding events in Q1 2019 include a $500M round into Clover Health, a $129M round into FRIDAY, and a $125M round into the Wefox Group.

To learn more about our complete insurance technology dynamic report, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

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