Transportation Technology Startup Highlights  – Q3 2018

Here is our Q3 2018 summary report on the transportation technology startup sector. The following report includes a sector overview and recent activity.

To learn more about our complete transportation technology report and research platform, visit us at www.venturescanner.com or contact info@venturescanner.com.

Blockchain Innovations Category Leads Blockchain Technology Funding

We previously highlighted that blockchain technology saw its highest Q2 funding ever in 2018. This blog post will take a closer look at the trends within the individual blockchain technology categories. Per our analysis, we can say that the Blockchain Innovations category is the unequivocal funding leader. We’ll discuss this with some charts below.

The Blockchain Innovations Category Leads Blockchain Technology In Q3 Funding

To start off, let’s review the amount of funding raised this quarter per category within blockchain technology.

Blockchain Technology Latest Quarter Category Funding
Blockchain Technology Latest Quarter Category Funding

The above graphic highlights that the Blockchain Innovations category leads the sector in Q3 funding with $0.9B. Its funding is almost 10 times the funding of the next category, Financial Services at $0.1B.

Blockchain Innovations category contains companies that are working on blockchain distributed ledger technologies. Examples include increased speed for financial transactions, smart self-enforcing contracts, and cross-blockchain interoperability. Some example companies in this category include Blockstream, Filecoin, Blockstack, and Ripple.
Let’s now investigate how the blockchain technology categories’ funding compare with each other historically.

The Blockchain Innovations Category Also Leads in All-Time Funding

The graph below shows the all-time funding for the various blockchain technology categories. The Q3 funding and growth rates of these categories are also highlighted.

Blockchain Technology Total Category Funding
Blockchain Technology Total Category Funding

As the bar graph indicates, the Blockchain Innovations category also leads in total funding at $5.7B. Its funding is almost 5 times the funding of the next category, Exchanges at $1.2B.

In summary, the Blockchain Innovations category is the indisputable funding leader in the sector!

To learn more about our complete blockchain technology report and research platform, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Internet of Things Sector Overview – Q3 2018

This blog post examines the different components of the IoT sector and how they make up this startup ecosystem. We will illustrate what the categories of innovation are and which categories have the most companies. We will also compare the categories in terms of their funding and maturity.

IoT Home Is the Largest Internet of Things Category

Let’s start off by looking at the Sector Map. We have classified 2194 IoT startups into 20 categories that have raised $62 billion. The Sector Map highlights the number of companies in each category. It also shows a random sampling of companies in each category.

Internet of Things Sector Map
Internet of Things Sector Map

We see that IoT Home is the largest category with 331 companies. These companies create connected devices focused on residential segment usage. These devices include home security, home automation, and energy management systems. Some example companies are Eero, Leeo, Tado°, and Netatmo.

Let’s now look at our Innovation Quadrant to find out the funding and maturity of these categories in relation to one another.

The Established Quadrant Has the Most Internet of Things Categories

Our Innovation Quadrant divides the internet of things categories into four different quadrants.

Internet of Things Innovation Quadrant
Internet of Things Innovation Quadrant

We see that the Established quadrant has the most IoT categories with 7. These categories have reached maturity with less-than-average financing. The Pioneers quadrant has 5 categories that are in the earlier stages of funding and maturity. The Disruptors quadrant also has 5 categories, which have acquired significant financing at a young age. The Heavyweights quadrant has 3 categories that have reached maturity with significant financing.

We’ve analyzed the IoT categories and their relative stages of innovation. Let’s now look at how they stack up against one another in terms of their total funding versus company counts.

IoT Fitness Startups Have the Most Funding

The graph below shows the total amount of venture funding and company count in each category.

Internet of Things Total Funding and Company Count
Internet of Things Total Funding and Company Count

As the above graphic implies, the IoT Fitness category leads the sector in total funding with $7.6B. IoT Software Platforms and IoT Drones follow in second and third places with $7.4B and $7.3B in total funding, respectively.

IoT Fitness companies create connected devices that track fitness and exercise metrics. Such devices include healthy eating trackers, exercise tracking wristbands, and smartphone-controlled shoes. Some example companies in this category include Moov, Sensoria, Striiv, and Atlas Wearables.

Conclusion: IoT Home and IoT Fitness Categories Lead the Internet of Things

As the analysis above demonstrates, the IoT Home category leads the sector in total companies, and the IoT Fitness category leads in total funding. We’ll see how the IoT landscape evolves and develops in the new year!

To learn more about our complete internet of things report and research platform, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Health Technology Startup Highlights  – Q3 2018

Here is our Q3 2018 summary report on the health technology startup sector. The following report includes a sector overview and recent activity.

To learn more about our complete health technology report and research platform, visit us at www.venturescanner.com or contact info@venturescanner.com.

Insurance Technology Sector Overview – Q3 2018

The insurance technology sector has seen stable funding in recent years. This blog post examines the different components of the insurtech sector and how they make up this startup ecosystem. We will illustrate what the categories of innovation are and which categories have the most companies. We will also compare the categories in terms of their funding and maturity.

Insurance Marketplace Is the Largest Insurance Technology Category

Let’s start off by looking at the Sector Map. We have classified 1519 insurance technology startups into 14 categories that have raised $25 billion. The Sector Map highlights the number of companies in each category. It also shows a random sampling of companies in each category.

Insurance Technology Sector Map
Insurance Technology Sector Map

We see that Insurance Comparison and Marketplace is the largest category with 415 companies. These companies enable consumers to compare different insurance providers or buy insurance of any kind (car to home to health). Some example companies are Goji, Policygenius, CoverHound, and Coverfox.

Let’s now look at our Innovation Quadrant to find out the funding and maturity of these categories in relation to one another.

The Pioneers Quadrant Has the Most Insurance Technology Categories

Our Innovation Quadrant divides the insurance technology categories into four different quadrants.

Insurance Technology Innovation Quadrant
Insurance Technology Innovation Quadrant

We see that the Pioneers quadrant has the most insurance technology categories with 10. These categories are in the earlier stages of funding and maturity. The Disruptors quadrant has 3 categories that have acquired significant financing at a young age. The Heavyweights quadrant has Reinsurance as its one category. This category has reached maturity with significant financing.

We’ve analyzed the insurance technology categories and their relative stages of innovation. Let’s now look at how they stack up against one another in terms of their total funding versus company counts.

Health Insurance Startups Have the Most Funding

The graph below shows the total amount of venture funding and company count in each category.

Insurance Technology Total Funding and Company Count
Insurance Technology Total Funding and Company Count

As the above graphic implies, the Health Insurance category leads the sector in total funding with $11.4B. Life, Home, P&C Insurance and Auto Insurance follow in second and third places with $8.4B and $7.6B in total funding, respectively.

Health Insurance contains companies that offer health-related insurance products for consumers and businesses. Some example companies in this category include HealthSherpa, GoHealth, Oscar, and Stride Health.

Conclusion: Insurance Marketplace and Health Insurance Lead Insurtech

As the analysis above demonstrates, Insurance Marketplace leads the sector in total companies. The Health Insurance category leads in total funding.

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

IoT Fitness Category Leads Internet Of Things Funding

We’ve previously highlighted that internet of things (IoT) funding saw growth in recent years. This blog post will take a closer look at the trends within the individual IoT categories. From our analysis, we notice that the IoT Fitness category leads in both Q3 and overall funding. We’ll discuss this with some charts below.

The IoT Fitness Category Leads Internet Of Things In Q3 Funding

To start off, let’s review the amount of funding raised this quarter per category within IoT.

Internet of Things Latest Quarter Category Funding
Internet of Things Latest Quarter Category Funding

The above graphic highlights that the IoT Fitness category leads the sector in Q3 funding with $1B. IoT Lifestyle category follows in second place with $0.8B in Q3 funding.

IoT Fitness companies create connected devices that track fitness and exercise metrics. Such devices include healthy eating trackers, exercise tracking wristbands, and smartphone-controlled shoes. Some example companies in this category include Moov, Sensoria, Striiv, and Atlas Wearables.

Let’s now investigate how the IoT categories’ funding compare with each other historically.

The IoT Fitness Category Also Leads in All-Time Funding

The graph below shows the all-time funding for the various IoT categories. The Q3 funding and growth rates of these categories are also highlighted.

Internet of Things Total Category Funding
Internet of Things Total Category Funding

As the bar graph indicates, the IoT Fitness category also leads in total funding at $7.6B. IoT Software Platforms and IoT Drones follow in second and third places with $7.4B and $7.3B in total funding, respectively.

In summary, IoT Fitness category leads the IoT sector in funding. Let’s see how the the rest of 2018 shapes up for the internet of things!

To learn more about our complete internet of things report and research platform, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Health Insurance Category Leads Insurance Technology Funding

We’ve previously highlighted that insurtech funding has remained stable in recent years. When we take a closer look at the funding trends per insurtech category, we notice that the Health Insurance category leads in both Q3 and overall funding.

We’ll highlight this observation with some graphics and discussions below.

The Health Insurance Category Leads Insurance Technology In Q3 Funding

To start off, let’s review the amount of funding raised this quarter per category within insurance technology.

Insurance Technology Latest Quarter Category Funding
Insurance Technology Latest Quarter Category Funding

The above graphic highlights that the Health Insurance category leads the sector in Q3 funding with $480M. Its funding is 2.4 times the funding of the next category, Auto Insurance at $204M.

Health Insurance contains companies that offer health-related insurance products for consumers and businesses. Some example companies in this category include HealthSherpa, GoHealth, Oscar, and Stride Health.

Let’s now investigate how the insurtech categories’ funding compare with each other historically.

The Health Insurance Category Also Leads in All-Time Funding

The graph below shows the all-time funding for the various insurance technology categories. The Q3 funding and growth rates of these categories are also highlighted.

Insurance Technology Total Category Funding
Insurance Technology Total Category Funding

As the bar graph indicates, the Health Insurance category also leads in total funding at $11.4B. Life, Home, P&C Insurance category follows in second place with $8.4B in total funding.

In summary, Health Insurance category leads the insurtech sector in funding. Let’s see how the the rest of 2018 shapes up for insurance technology!

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