Insurtech Exit Activity Growing Over Time

Insurance Technology has become one of the hottest sectors in recent years, with a plethora of companies entering the space. How does its overall exit activity trend over time? On our insurtech research platform, we have analyzed the data through 2017 and can conclude that insurtech exit activity continues to be on a healthy upward trend.

This observation was derived from two takeaways:

  • Insurtech exit events are on a general upward trend at the annual level
  • Insurtech exit events are showing overall growth at the quarterly level

We’ll illustrate these takeaways with two graphics that show insurtech exit activity trends over time.

Insurtech Exit Events On General Upward Trend Annually

We’ll start off by examining the insurtech exit events from 2011 to 2017. Exit events include both acquisitions and IPOs. The below graph highlights the number of insurtech exit events by year stacked by quarters.

Insurance Technology Exits by Quarter - Stacked
Insurance Technology Exits by Quarter – Stacked

This graph illustrates that insurtech exit activity is on a robust upward trend at the annual level. Specifically, the CAGR in exit activity from 2012 to 2017 is 46%.

Let’s now see if the exit activity’s growth trend holds at a quarterly level as well.

Insurtech Exit Events Showing Overall Quarterly Growth

Below is a graph of the number of insurtech exit events by quarter.

Insurance Technology Exits by Quarter - Cluster
Insurance Technology Exits by Quarter – Cluster

The above graph shows that insurtech exit activity is demonstrating overall growth at the quarterly level, with some outlier spikes and dips which are to be expected. The number of exit events in Q1 2017 was 120% of those in Q1 2016. Q2 2017 numbers were 167% higher than the year before. However, Q3 and Q4 of 2017 saw a decline compared to 2016 figures.

Conclusion: Insurtech Exit Activity Is Seeing Overall Growth

In summary, we can conclude from these takeaways that insurtech companies are getting acquired and going public at an increasing pace over time. It’ll be interesting to see if this trend continues into 2018.

What are your thoughts on this? Let us know in the comments section below.

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.

Insurance Technology Startup Highlights  – Q4 2017

Here is our Q4 2017 summary report on the Insurance Technology (insurtech) startup sector. The following report includes an overview, recent activity, and a category deep dive.

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

Insurance Technology Startup Market Highlights  – Q3 2017

Here is our Q3 2017 summary report on the Insurance Technology startup sector. The following report includes a startup landscape overview, graphical trends with insights, and recent funding and exit events.

We are currently tracking 1450 Insurance Technology companies in 14 categories across 61 countries, with a total of $19.5 Billion in funding. Click here to learn more about the full Insurance Technology market report.

Insurance Technology Companies Founded by Year – Q3 2017

The following graph shows the founding year distribution in the Insurance Technology sector. The graphic includes data through July 2017.

Insurance Technology Companies Founded by Year
Insurance Technology Companies Founded by Year

The above graph summarizes the number of Insurance Technology companies founded in a certain year. 2015 ranks at the top with around 133 companies founded in that year alone. 2014 is the runner-up with around 131 companies founded in that year.

We are currently tracking 1407 Insurance Technology companies in 14 categories across 61 countries with a total of $19.4 Billion in funding. Click here to learn more about the full Insurance Technology market report.

Insurance Technology Funding Trends – Q3 2017

The following graphs highlight recent trends in Insurance Technology startup funding activity. The graphics include data through July 2017.

Insurance Technology Funding by Year
Insurance Technology Funding by Year

The above graph summarizes the total funding raised by Insurance Tech startups for each year. 2014 has the most funding to date at around $6.5B.

Insurance Technology Funding by Vintage Year
Insurance Technology Funding by Vintage Year

The above graph summarizes the total amount of funding raised by Insurance Tech companies founded in a certain year. Companies founded in 2013 have raised the most funding at around $3.25B.

We are currently tracking 1381 Insurance Tech companies in 14 categories across 61 countries, with a total of $19.1 Billion in funding. Click here to learn more about the full Insurance Technology market report.

Insurance Technology Activity by Selected Investors – Q3 2017

The following graph summarizes investor activity in the Insurance Technology space. These graphics are made using data through July 2017.

Insurance Technology Activity by Selected Investors
Insurance Technology Activity by Selected Investors

The above analysis summarizes the total number of investment rounds Insurance Technology investors participated in, and the number of unique companies funded by selected investors. Major investors include 500 Startups, First Round, NEA, GV, and Sequoia Capital.

We are currently tracking 1365 Insurance Technology companies in 14 categories across 61 countries, with a total of $18.8 Billion in funding. Click here to learn more about the full Insurance Technology market report.

Insurance Technology Funding by Round – Q3 2017

The following two graphs summarize the rounds of funding going into the Insurance Technology space. Please note these graphics are made using data through July 2017.

Insurance Technology Funding Amount by Round
Insurance Technology Funding Amount by Round

The graph above shows the total amount of VC funding broken out by round. From 2011 to 2016, we saw a steep increase in the overall sector funding, with the total amount peaking in 2015 and declining thereafter. Series A and Series C funding rounds made up most of the funding amount.

Insurance Technology Funding Count by Round
Insurance Technology Funding Count by Round

The graph above shows the total count of funding events broken out by round. From 2006 to 2016 we’ve seen a general upward trend that peaked in 2015 and then declined slightly in 2016. Earlier stage funding such as Seed and Series A events make up the majority of funding event counts.

We are currently tracking 1364 Insurance Technology companies in 14 categories across 61 countries, with a total of $18.9B in funding. Click here to learn more about the full Insurance Technology market report.