Q3 2020 insurtech funding rounds double from Q2

Insurtech funding rebounded nicely from Q2 2020 to Q3 2020, with total rounds approximately doubling and rounds over $10 million continuing an ongoing uptick. As the business community rebounded from the coronavirus pandemic, a total of 69 rounds appear in Crunchbase data analyzed by Digital Insurance

The 23 rounds of more than $10 million is indicative of a noted shift toward mature companies; this quarter's biggest round went to Bright Health, which also led the pack in Q4 2019.