2019: the second best year in the last decade for InsurTech funding

Summing it up, 2019 was a great year for insurtech investments with a total of $6.59B in funding, making the second best year in the last decade. 2014 remains the best year to date with $6.85B raised according to Venture Scanner data. The following graph shows total funding by quarter over time into Insurance Technology. Funding in Q4 2019 was $1.61B – very similar to Q4 2018 when total funding was $1.5B and 23% less compared to Q3 2019.