Startups & Investments

Ominimo Transforms European Insurance with AI and Zurich Alliance
Startups & Investments Ominimo Transforms European Insurance with AI and Zurich Alliance

Ominimo, a forward-thinking insurtech startup based in Poland, has rapidly emerged as a formidable force within Europe's insurance sector. Showcasing its capabilities, Ominimo has successfully issued more than 300,000 car insurance policies in Hungary and reached profitability within its

Marshmallow: Inclusivity & Innovation Elevate Valuation Over $2B
Startups & Investments Marshmallow: Inclusivity & Innovation Elevate Valuation Over $2B

Marshmallow, a UK-based insurtech startup, has recently secured another significant funding milestone with a $90 million injection, driving its valuation to surpass the notable $2 billion mark. This achievement underscores Marshmallow's commitment to addressing the unique financial needs of

Steadily Raises $30M to Transform Landlord Insurance Market
Startups & Investments Steadily Raises $30M to Transform Landlord Insurance Market

In a significant milestone for the landlord insurance sector, Steadily, a leading insurance startup, has successfully raised $30 million in a Series C funding round led by Two Sigma Ventures. This funding round also saw participation from prominent investors, including Clocktower Technology

Can AI Predict Climate Risks? Celest Science Raises €2M to Find Out
Startups & Investments Can AI Predict Climate Risks? Celest Science Raises €2M to Find Out

Paris-based startup Celest Science has successfully raised €2M in seed funding to advance its innovative approach to climate risk modeling. Spearheaded by prominent investors Astorya.vc and Plug and Play, the funding round saw participation from 16 business angels, including notable figures such as

Top Reasons Why Small Businesses Fail and How to Avoid Them
Startups & Investments Top Reasons Why Small Businesses Fail and How to Avoid Them

Starting a small business is an exhilarating yet demanding endeavor, filled with potential rewards but also numerous challenges. Unfortunately, many small businesses face alarmingly high failure rates, especially within their first few years of operation. Understanding the common pitfalls that lead

Zurich Invests in Ominimo to Revolutionize European Car Insurance
Startups & Investments Zurich Invests in Ominimo to Revolutionize European Car Insurance

Zurich Insurance Group, known for its global expertise in risk management, has made a notable investment in the Hungarian digital insurer Ominimo during its Series A funding round. This strategic move values Ominimo at €200 million (approximately $227.86 million), giving Zurich a minority share in t

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