Honey Insurance, Richard Joffee

Insurtech startup banks $108 million Series A

- April 8, 2024 < 1 MIN READ

Three-year-old insurtech startup Honey Insurance has raised $108 million in a Series A that’s lured in US investors Founded by entrepreneur Richard Joffe, cofounder of US-based Park Assist and Stella.ai, Honey launched in 2021. It raised a record $15.5 million in a Seed round led by underwriting partner RACQ and other institutional investors, including AGL,… Read more »

Simone Dossetor and Tetiana George
Other tech

How insurtech is transforming a $7 trillion global market

- December 14, 2023 3 MIN READ

The Australian insurance market is worth $100 billion annually and $7 trillion worldwide, offering a massive opportunity for startups in the space   With that prize in mind, Insurtech Australia brought together startups in the space, early-stage investors and business leaders in Sydney at at event sponsored by Investment NSW to debunk investment myths around early-stage… Read more »

Simfuni cofounders Damon O'Neill and Shaun Quincey

Kiwi insurtech Simfuni banks NZ$2.8 million in Series A

- July 20, 2023 2 MIN READ

Auckland-based insurance premium payments platform Simfuni has raised NZ$2.8 million in a Series A to save brokers time and money.  The round was led by Kiwi VC funds Icehouse Ventures and GD1, with support from K1W1 and NZVC. The insurtech platform integrates with any insurer, broker group or premium funder’s quoting and invoicing software in… Read more »


Proptech startup Downsizer bags $3.75 million in Seed round to help boomers move out and on

- March 15, 2023 2 MIN READ

Sydney-based proptech startup, Downsizer, has secured A$3.75 million in seed capital. The round was led by Correlation Australia Holdings (CAH), supported by existing shareholders, including family offices and high-net-worth individuals. It brings the total raised to date to $6.1 million. Downsizer is an award-winning startup that provides digital solutions for the finance, property, and insurance… Read more »


Insurtech startup AuditCover books $1.7 million Seed round

- April 11, 2022 2 MIN READ

Tax office audit insurtech AuditCover has raised $1.7 million in a Seed round led by Hunter Equity Group. Other strategic investors included local angel investors Ron Lesh of BGL) and Guy Pearson of Ignition, as well as Nasda-listed global reinsurance business Greenlight Re. Founder and CEO Gil Snir has built AuditCover as an insurance distribution… Read more »


A leading UK insurance tech incubator is launching in Sydney

- July 31, 2019 2 MIN READ

London’s Insurtech Gateway is launching its first international program in Australia Former Insurtech Australia CEO Simon O’Dell will run the incubator The program aims to support 4-6 startups over the next 2 years London’s Insurtech Gateway incubator is launching its first international program: Insurtech Gateway Australia. The venture will be based at Sydney’s Stone and… Read more »