About Insurwave
Insurwave is a company based in London (United Kingdom) founded in 2018 was acquired by Incubex in November 2021.. Insurwave has raised $6.41 million across 1 funding round from investors including IncubEx. Insurwave offers products and services including AI-driven Platform. Insurwave operates in a competitive market with competitors including Guidewire, Bold Penguin, BetterView, OneShield and Duck Creek, among others.
- Headquarter London, United Kingdom
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Insurwave Limited
- Date of Incorporation 29 Mar, 2018
- Jurisdiction LONDON, ENGLAND
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Insurwave
Insurwave offers a comprehensive portfolio of products and services, including AI-driven Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for ingesting, visualizing, and analyzing insurance data in real-time.
Unlock access to complete
Unlock access to complete
Funding Insights of Insurwave
Insurwave has successfully raised a total of $6.41M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.41 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $6.4M
-
First Round
First Round
(29 Sep 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series A - Insurwave | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Insurwave
Insurwave has secured backing from 1 investor. Prominent investors backing the company include IncubEx. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Exchange-traded environmental commodities are developed and expanded for climate markets.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Insurwave
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Insurwave
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Insurwave Comparisons
Competitors of Insurwave
Insurwave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Guidewire, Bold Penguin, BetterView, OneShield and Duck Creek, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for property and casualty insurance is provided.
|
|
| domain | founded_year | HQ Location |
Software suite is offered for commercial insurance quoting and binding.
|
|
| domain | founded_year | HQ Location |
Insurance policy management and risk management solutions for the P&C insurance industry
|
|
| domain | founded_year | HQ Location |
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
|
|
| domain | founded_year | HQ Location |
Cloud-based solutions for property, casualty, and general insurance are provided.
|
|
| domain | founded_year | HQ Location |
Insurity is recognized for providing cloud-native insurance software solutions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Insurwave
Frequently Asked Questions about Insurwave
When was Insurwave founded?
Insurwave was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Insurwave located?
Insurwave is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Insurwave?
David Power is the current CEO of Insurwave.
Is Insurwave a funded company?
Insurwave is a funded company, having raised a total of $6.41M across 1 funding round to date. The company's 1st funding round was a Series A of $6.41M, raised on Sep 29, 2020.
What does Insurwave do?
Insurwave was founded in 2018 and is headquartered in London, United Kingdom. Blockchain-enabled software solutions are provided by the company for the marine insurance sector. Risk management, data management, data exchange, capital management, and client management are addressed through these solutions. Insurance processes are facilitated via smart contracts and a Proof-of-Concept consensus mechanism.
Who are the top competitors of Insurwave?
Insurwave's top competitors include Guidewire, Bold Penguin and OneShield.
What products or services does Insurwave offer?
Insurwave offers AI-driven Platform.
Who are Insurwave's investors?
Insurwave has 1 investor. Key investors include IncubEx.