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
- SectorsFinancial Services
- Website insurwave.com
- Social LinkedIn YouTube
- Acquired by Incubex (Nov 2021)
- Legal Name Insurwave Limited
- Date of Incorporation 29 Mar, 2018
- Jurisdiction LONDON, ENGLAND
Products & Services of Insurwave
Insurwave offers a comprehensive portfolio of products and services, including AI-driven Platform.
Tool for ingesting, visualizing, and analyzing insurance data in real-time.
Apps and channels of Insurwave
its YouTube channel Insurwave has 19 subscribers and 2 videos.
Videos from Insurwave
The most watched videos on Insurwave's YouTube channel, Insurwave (19 subscribers). Click a video to play it here.
More on Insurwave.
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 $6.41M
- Total Rounds 1
- Last Round Series A — $6.41M
- First Round $6.41M
(Sep 2020)
All 1 funding rounds of Insurwave with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $6.41M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Insurwave
Insurwave has secured backing from 1 investor. Prominent investors backing the company include IncubEx.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Exchange-traded environmental commodities are developed and expanded for climate markets. | 2016 | theincubex.com | Chicago, United States |
Investor details for Insurwave
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Insurwave
4 people are tracked at Insurwave (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
David Power | CEO | Leadership |
Matthew Crannis | Chief Operating Officer | Leadership |
Richard Archer | Chief Strategy Officer | Leadership |
Ken MacDonald | Adviser | Team |
Complete people profiles for Insurwave
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Insurwave
3 dated milestones of Insurwave across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Insurwave is founded.
- Funding First funding round of $6.4M.
- Exit Acquired by Incubex.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| guidewire.com | 2001 | San Mateo, United States | – | 3,415 | Cloud-based platform for property and casualty insurance is provided. | |
| boldpenguin.com | 2016 | Columbus, United States | $32.1M | 210 | Software suite is offered for commercial insurance quoting and binding. | |
| betterview.com | 2004 | San Francisco, United States | $15.55M | 58 | Insurance policy management and risk management solutions for the P&C insurance industry | |
| oneshield.com | 1999 | Marlborough, United States | $52.5M | 105 | Cloud-based insurance policy and claims management solutions for the p&c insurance industry | |
| duckcreek.com | 2000 | Boston, United States | $350M | 823 | Cloud-based solutions for property, casualty, and general insurance are provided. | |
| insurity.com | 1985 | Hartford, United States | $43M | 522 | Insurity is recognized for providing cloud-native insurance software solutions. | |
| concirrus.ai | 2011 | London, United Kingdom | $43.64M | 22 | Provider of digital insurance platforms | |
| seyna.eu | 2018 | Paris, France | $64.89M | – | Insurance policy and claims management solutions for the insurance industry |
Detailed competitors of Insurwave
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Insurwave
The website of Insurwave (insurwave.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 38.5% vs previous month
Latest news on Insurwave
Complete news archive for Insurwave
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Insurwave
10 companies that operate in the same segment as Insurwave (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
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
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. The company's 1st funding round was a Series A of $6.41M, raised on Sep 2020.
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.
Insurwave operates through Insurwave Limited.
Yes. Insurwave was acquired by Incubex in November 2021.