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Commercial Insurance Startups

Updated July 2026

Companies in the commercial insurance sector developing innovative solutions and technologies.

Explore 85 recently funded commercial insurance companies with verified founder contact information and fundraising data.

Total Companies
85
Total Funding
$304.2M
Avg Funding
$12.2M
Global Reach
9
countries

Top Cities for Commercial Insurance

Stockholm
Vancouver
Austin
New York
Bucharest
Cardiff

Recently Funded Companies

Export
Stockholm, Sweden

Vantel is a software company that provides AI-driven solutions for commercial insurance brokers.

$2.0M raised
Mar 2025

Founder Contacts

30,000+ verified contacts

Vancouver, Canada

Apollo Insurance is an online insurance company that offers personal and commercial insurance services.

Mar 2022

Founder Contacts

30,000+ verified contacts

Austin, United States

Adaptive Insurance is an insurance company that assists businesses in building financial resilience against weather-related events.

$5.0M raised
Feb 2025

Founder Contacts

30,000+ verified contacts

New York, United States

Stable is insurance that comes with more than just insurance. Now for rideshare, carshare, and delivery vehicle owners.

$3.0M raised
Feb 2022

Founder Contacts

30,000+ verified contacts

Bucharest, Romania

Dataworks Research, doing business as Veridion, enriches business data by offering comprehensive insights through real-time updates.

$6.0M raised
Feb 2023

Founder Contacts

30,000+ verified contacts

Cardiff, United Kingdom

Driverly offers auto insurance and commercial insurance services.

Feb 2025

Founder Contacts

30,000+ verified contacts

Austin, United States

OpenEyes offers commercial automotive insurance aiming to reduce the risk of an accident and aggressive lawsuits.

$18.0M raised
Feb 2023

Founder Contacts

30,000+ verified contacts

San Juan, Argentina

ElegirSeguro.com is an operator of an insurance platform that provides digital insurance and insurtech services.

Feb 2022

Founder Contacts

30,000+ verified contacts

Amsterdam, The Netherlands

Insify is an insurance company that offers digital insurance solutions to freelancers and small businesses.

$19.2M raised
Sep 2025

Founder Contacts

30,000+ verified contacts

Boston, United States

Modernizing Speciality Insurance

$65.0M raised
Jun 2025

Founder Contacts

30,000+ verified contacts

Philadelphia, United States

PolicyBound is an insurance platform designed to fuel agency growth.

$2.0M raised
Jun 2025

Founder Contacts

30,000+ verified contacts

Beaverton, United States

Steadily provides property and liability insurance for rental property owners and investors.

$30.0M raised
Apr 2025

Founder Contacts

30,000+ verified contacts

Sydney, Australia

Reask is a technology company that builds climate forecasting tools, hazard models, and event response applications using machine learning.

$4.0M raised
Mar 2025

Founder Contacts

30,000+ verified contacts

New York, United States

CoverForce is a commercial insurance tech company offering a platform to quote, pay, and bind policies, connecting users.

$13.0M raised
Mar 2025

Founder Contacts

30,000+ verified contacts

San Francisco, United States

CompScience provides AI-driven insights for workers' compensation insurance and safety.

$27.6M raised
Feb 2025

Founder Contacts

30,000+ verified contacts

Chicago, United States

HDVI is a technology-first commercial auto insurance provider.

$40.0M raised
Feb 2025

Founder Contacts

30,000+ verified contacts

Sydney, Australia

upcover is an insurance company for small businesses.

$11.0M raised
Feb 2025

Founder Contacts

30,000+ verified contacts

San Diego, United States

XILO is a workflow automation platform designed for traditional insurance agencies and companies.

$7.2M raised
Jan 2025

Founder Contacts

30,000+ verified contacts

Oakland, United States

Savus automates commercial insurance processes with a user-centric, AI-powered platform for underwriting, quoting, and binding.

$3.0M raised
Dec 2024

Founder Contacts

30,000+ verified contacts

New York, United States

INSHUR is a digital insurance platform that provides auto insurance to drivers and fleet owners.

$19.0M raised
Oct 2024

Founder Contacts

30,000+ verified contacts

New York, United States

Modern claims TPA for modern insurance companies

$3.0M raised
Oct 2024

Founder Contacts

30,000+ verified contacts

Camden Town, United Kingdom

Optalitix is an IT company that provides cloud-based software pricing products for insurance companies and banks.

$3.0M raised
Sep 2024

Founder Contacts

30,000+ verified contacts

Berlin, Germany

INSRD is an insurtech that provides adaptive coverage and risk solutions for dynamic businesses.

$494K raised
Aug 2024

Founder Contacts

30,000+ verified contacts

New York, United States

EvolutionIQ is an AI company that offers claims guidance solutions for insurance companies.

$20.2M raised
Aug 2024

Founder Contacts

30,000+ verified contacts

London, United Kingdom

Insurance Digital Marketplace

$2.6M raised
Jul 2024

Founder Contacts

30,000+ verified contacts

Showing 26 to 50 of 85 companies

About the Commercial Insurance Startup Ecosystem

The commercial insurance sector is an active area of startup innovation and venture capital investment. Companies in this space are developing new technologies, platforms, and services that address evolving market needs and create new business opportunities.

Funding Trends in Commercial Insurance

Commercial Insurance companies raise capital across various funding stages, from early seed rounds to late-stage growth financing. Investor interest in this sector is driven by the size of the addressable market, the pace of technology adoption, and the potential for scalable business models.

Growth Outlook

The commercial insurance sector is expected to continue evolving as technology advances, market dynamics shift, and new opportunities emerge. Companies that demonstrate strong product-market fit, efficient growth, and clear competitive advantages are well-positioned to attract continued investment.

Commercial Insurance Funding Breakdown

Here is how funding is distributed among the 85 commercial insurance companies tracked in the VCBacked database.

Average Funding
$12.2M
Total Funding Tracked
$304.2M
Countries Represented
9

Distribution by Funding Stage

Other25 companies

Top Cities for Commercial Insurance

1.New York
5 companies$58.1M
2.Austin
2 companies$23.0M
3.Sydney
2 companies$15.0M
4.Stockholm
1 companies$2.0M
5.Vancouver
1 companiesUndisclosed

Related Industries

Companies in the commercial insurance sector often overlap with or complement businesses in adjacent industries. Exploring related verticals can help you discover additional companies, identify partnership opportunities, and understand the broader competitive landscape.

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