Ignosis to empower 300M Indians with RBI-compliant DPI rails

𝐃𝐞𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞 | 𝐍𝐨𝐯𝐨𝐉𝐮𝐫𝐢𝐬 𝐋𝐞𝐠𝐚𝐥 𝐀𝐝𝐯𝐢𝐬𝐞𝐬 𝐈𝐠𝐧𝐨𝐬𝐢𝐬 𝐃𝐚𝐭𝐚𝐥𝐚𝐛𝐬 𝐨𝐧 𝐔𝐒𝐃 𝟒 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐏𝐫𝐞-𝐒𝐞𝐫𝐢𝐞𝐬 𝐀 𝐑𝐨𝐮𝐧𝐝 We are delighted to have advised IGNOSIS Datalabs on its USD 4 million pre-Series A round led by Peak XV Partners Surge, with participation from Razorpay Ventures, Force Ventures LLP, Kunal Shah (CRED) and existing investors. Founded in 2022 by Nirav Prajapati and Chintan Sheth , Ignosis provides account-aggregator infrastructure and financial data intelligence to banks, NBFCs, insurers and wealth managers—now serving 125+ institutions. The platform enables secure, consent-driven data sharing and layers AI-based income detection, fraud/risk signals and personalised insights to modernise underwriting and advisory at scale. We are delighted to be supporting Ignosis with nearly all things legal. The transaction team comprised Ashwin Bhat, Amol Chitnis, Manasa Prasanna Namrata Dubey and Anjana Manjunath Hegde Congratulations to Nirav, Chintan and the IGNOSIS team, and to all participating investors. #dealupdate #preseries #investment #funds #legalsupport #transaction #advisory #fintech #finance #banking #nbfc #financialdata

Coming soon! He rowed solo across the Tasman, later sold his BNPL startup—now he’s rebuilding life insurance with AI from New Zealand. Our guest, Shaun Quincey, is a New Zealand tech entrepreneur who went from a 54-day solo ocean row to exiting a services-focused BNPL company—and now leads Simfuni, an AI-first operating platform for life insurers. He breaks down how a payments “wedge” became a full policy-admin + automation stack, and why eight insurers are already on the platform. Stay tuned! #startups, #NewZealand, #business, #AI, #insurtech, #lifeinsurance, #enterprise, #SaaS, #automation, #fintech, #BNPL, #payments, #dataprivacy, #actuarial, #regtech, #customerexperience, #founderstory, #productmarketfit, #NZTech, #TechMates

We’re excited to back Rehuman in their GBP 1M round. Today we’re announcing our investment in Rehuman. It’s our first insurtech bet in the UK and a strong fit with our focus on application-layer AI. Rehuman gives brokers and insurers an AI-powered engagement platform and a secure digital wallet for policyholders. Brokers get automated renewal alerts, lapse risk flags, and personalized recommendations that lift retention. Policyholders can store all policies in one place while AI decodes coverage, spots gaps, and compares alternatives. “The Rehuman digital wallet is just the beginning of our bigger vision to empower brokers, managing general agents (MGAS), insurance and bancassurance companies with a real competitive advantage. Powered by a custom AI model, we’re giving them the ability to turn customer engagement into business revenue,” said Aaron Sherwood, Founder & CEO of Rehuman. Accenture Ventures has also invested and added Rehuman to Project Spotlight, opening doors to enterprise customers. “Insurance is moving from reactive contact to always-on, data-driven engagement. Rehuman turns that shift into measurable outcomes: higher NRR, lower churn, and clearer cross-sell. The team is product-led and ships fast. Distribution is broker-first, where budget and urgency live”, said Maxime Pasquier, Principal at BlackWood. Press release in the Financial Times here: https://lnkd.in/dA7a4tFd

💼 ClaimSorted Raises $13.3M Seed Round to Modernize Insurance Claims @ClaimSorted, a NYC- and London-based insurtech company transforming how insurance claims are handled, has raised $13.3 million in Seed funding. The round was led by Atomico, with participation from Eurazeo, Y Combinator, firstminute capital, Start Ventures Capital, and others. Founded by Pavel G., ClaimSorted is a next-generation third-party administrator (TPA) that combines a skilled team with a proprietary AI-driven platform to help insurers deliver faster, fairer, and more transparent claim outcomes. Since launch, the company has partnered with 20+ insurers across the #US, #UK, and #EU, serving tens of thousands of policyholders. With this funding, @ClaimSorted plans to accelerate product development, expand globally, and build partnerships with insurers seeking a modern alternative to legacy TPA systems. #InsurTech #AI #StartupFunding #InsuranceInnovation #ClaimsManagement #ArtificialIntelligence #CustomerExperience #ClaimSorted #SeedFunding #DigitalTransformation

What is the right path for a startup in the trade off between profitability and pushing growth? The answer is not straight forward or universal, and can become a very personal decision for any founder given their risk tolerance, uniqueness of the moment their opportunity is in, and more. In this piece for the InsurTech Business Series, I talk through some of the questions founders should ask themselves to decide between driving for profitability to self-fund, or taking in outside money to grow rapidly. https://lnkd.in/eapWGYvt #futureofinsurance #insurance #insurtech

What is the right path for a startup in the trade off between profitability and pushing growth? The answer is not straight forward or universal, and can become a very personal decision for any founder given their risk tolerance, uniqueness of the moment their opportunity is in, and more. In this piece for the InsurTech Business Series, I talk through some of the questions founders should ask themselves to decide between driving for profitability to self-fund, or taking in outside money to grow rapidly. https://lnkd.in/eapWGYvt #futureofinsurance #insurance #insurtech

What is the right path for a startup in the trade off between profitability and pushing growth? The answer is not straight forward or universal, and can become a very personal decision for any founder given their risk tolerance, uniqueness of the moment their opportunity is in, and more. In this piece for the InsurTech Business Series, I talk through some of the questions founders should ask themselves to decide between driving for profitability to self-fund, or taking in outside money to grow rapidly. https://lnkd.in/eapWGYvt #futureofinsurance #insurance #insurtech

British insurtech firm ClaimSorted, launched by Pavel G. and German Mikulski, has raised €11.4 million in a seed round led by Atomico, with participation from Eurazeo, Y Combinator, firstminute capital, Start Ventures, and several business angels. The investment will be used to expand the team, enhance its AI-driven claims automation platform, and scale operations across key markets in the US, UK, and EU. ➡️ https://lnkd.in/dzAZSFhn #VentureCapital #Startups #seed #insurtech #UK #Vestbee

Liberate has raised $50 million at a $300 million valuation to further integrate AI automation into insurance operations, focusing on sales, service, and claims processing. Battery Ventures led the round, with Canapi Ventures, Redpoint Ventures, Eclipse, and Commerce Ventures also participating, as Liberate looks to scale its agentic AI deployments for insurers globally. Jagmeet Singh | TechCrunch https://lnkd.in/eqksCEN4 #Fintech #FintechNews

We’re excited to announce our investment in Liberate, as part of their $50M Series B, alongside Battery Ventures, Redpoint Ventures Inc, Eclipse Ventures, and Commerce Ventures.   Liberate has built the first-ever reasoning AI agents for insurance, combining voice AI and agentic workflow automation to handle everything from quoting and servicing to claims end-to-end. Its platform integrates directly with core systems, completing tasks that once took hours or days in a matter of seconds.   The results speak for themselves: • 263% ROI for a leading carrier, with 15% sales uplift and 23% cost reduction • Call resolution times cut from 30 hours to 30 seconds during catastrophic events   At Canapi, we invest in companies building the digital infrastructure of financial services. Liberate fits squarely within that vision: a vertical AI platform tackling one of the most regulated and operationally complex sectors of the economy. And as the company expands from insurance into banking workflows, from loan origination to dispute resolution, we see tremendous opportunity to modernize critical processes across the industry.   Congratulations to Amrish S., Ryan Eldridge, Jason St Pierre, and the entire Liberate team. 📖 Read more about why we invested here: https://lnkd.in/ekEeV5XM #AI #Insurance #Fintech #VentureCapital #VoiceAI #Automation