Top 10 Insurance/InsurTech Capital Raises in the U.S. – June 1st-15th, 2025
Several interesting transactions closed in the Insurance/InsurTech sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
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- PolicyBound, commercial insurance technology platform intended to fuel agency growth, received $2 million of development capital.
Merger/Acquisition
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- TrustedChoice.com, online platform designed to connect consumers with independent insurance agents, was acquired by Momentum AMP.
Later Stage VC
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- CoverRight, online insurance platform designed to provide better navigation for medical care, raised $434,000 of venture funding.
- Vertical Insure, embedded insurance platform designed to make coverage accessible on every purchase, raised $8.52 million of Series A venture funding.
Early Stage VC
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- Aegis (Healthcare Technology Systems), healthcare revenue recovery software designed for automating insurance denial appeals, raised venture funding from Rebel Fund.
- Afore Insurance Services, retail insurance agency intended to offer personal and commercial lines insurance throughout the Southeast, Southwest, New England, and California, raised venture funding from Neace Ventures.
- ThreadWise, insurance automation platform designed to reduce the administrative burden for insurance professionals so they can focus on advising clients, raised venture funding from SaaS Ventures and Focal.
- Reserv, digital claims third-party administrator platform designed to optimize property and casualty claims by leveraging modern systems, raised $25 million of Series B venture funding in a deal led by Flourish Ventures.
Seed
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- Loro, insurance portal designed to digitize insurance products anywhere in the world, raised $1 million of seed funding from Markd.
- Amperos Health, artificial intelligence-powered healthcare assistants designed to streamline claim processing for medical providers, raised $4.8 million of seed funding in a deal led by Nebular, Uncork Capital and Neo.
#castleplacement #capitalraising #privateequity #venturecapital #investment #Insurance #InsurTech
Axel Reijmers
Managing Director
Former Head of Corporate Finance M&A Americas for the Royal Bank of Scotland and ABN AMRO Bank, based in New York. Began his career at ABN AMRO Bank in Japan, and subsequently in The Netherlands in the Corporate Finance department. Was seconded to New York in 2006 to co-establish the ABN AMRO North America Corporate Finance M&A department and grew it by advising medium and large companies on domestic and cross-border mergers, acquisitions, capital raisings and capital structurings. Led the management buyout of RBS Bank Mexico and RBS Broker-Dealer Mexico in 2014 and spearheaded the subsequent growth of the bank as Head of Investment Banking & Corporate Development. During his tenure he supported companies with capital and financing solutions with a focus on companies in the US and Mexican energy infrastructure sector and fintech sector. Holds a master’s degree in economics from Groningen University, The Netherlands. Holds FINRA Series 7 and 63 licenses.
- Email: areijmers@castleplacement.com
- (C) (201) 747-4718
 Axel ReijmersManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: areijmers@castleplacement.com
(C) (201) 747-4718
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
