Series B round Leading participants : Undisclosed The UK-based insurtech Marshmallow launched by twins Oliver and Alexander Kent-Braham and David Goates , announced the results of its groundbreaking funding round in September . The startup insurtech , which provides a fresh approach to car insurance , has also claimed unicorn status and has a valuation of US $ 1.25bn as a result of the fresh investment .

Raised : US $ 100mn Leading participants : FTV Capital

Launched in 2015 , Embroker describes itself as an “ intelligent insurance platform that makes it easy for businesses to get tailored insurance at the best price .” Based in San Francisco , the insurtech has raised more than $ 140mn to date through funding rounds and has an impressive number of fintech investors . In 2016 , the company became the first insurtech globally that enables businesses to apply for all types of commercial insurance online and manage their policies through a modern cloudbased portal . insurtechdigital . com 145