Insurwave

London, United Kingdom Founded: 2018 • Age: 8 yrs Acquired By Incubex
Blockchain-enabled software suite is offered for marine insurance.
Annual revenue - Latest available
Total funding $6.4M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Insurwave Limited
  • Date of Incorporation 29 Mar, 2018
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.41 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.41 M (USD), Series A

    Sep 29, 2020

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Incubex

    (Nov 24, 2021)

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Products & Services of Insurwave

Insurwave offers a comprehensive portfolio of products and services, including AI-driven Platform.

Product name locked
Category locked
Primary

Tool for ingesting, visualizing, and analyzing insurance data in real-time.

People of Insurwave

Headcount 50-200
Employee Profiles 3
Employee Profiles
People
Richard Archer
Chief Strategy Officer
People
Ken MacDonald
Adviser

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Teams

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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.

Investors in Insurwave

Insurwave has secured backing from 1 investor. Prominent investors backing the company include IncubEx.

All
Investor Description Founded Year Domain Location
Exchange-traded environmental commodities are developed and expanded for climate markets.
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Investor details for Insurwave

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Investments & Acquisitions by Insurwave

Investments
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Investment portfolio details for Insurwave

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Financial Statements - Insurwave

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Detailed financials for Insurwave

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Insurwave Comparisons

Insurwave Primary company
Description
Blockchain-enabled software suite is offered for marine insu...
Location
London, United Kingdom
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Insurwave

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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.

Company Name Domain Founded year HQ Location Description
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Cloud-based platform for property and casualty insurance is provided.
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Software suite is offered for commercial insurance quoting and binding.
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Insurance policy management and risk management solutions for the P&C insurance industry
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Cloud-based insurance policy and claims management solutions for the p&c insurance industry
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Cloud-based solutions for property, casualty, and general insurance are provided.
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Insurity is recognized for providing cloud-native insurance software solutions.
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Detailed competitors of Insurwave

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Latest news on Insurwave

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Complete news archive for Insurwave

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Frequently Asked Questions about Insurwave

Insurwave was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Insurwave is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

David Power is the current CEO of Insurwave.

Insurwave is a funded company, having raised a total of $6.41M across 1 funding round to date.

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.

Insurwave's top competitors include Guidewire, Bold Penguin and OneShield.

Insurwave offers AI-driven Platform.

Insurwave has 1 investor. Key investors include IncubEx.

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