Fundz

Iag Backs Tic:Toc In $54M Raise To Disrupt Insurance

PRIVATEDec 15, 2022

Amount Raised

$54 Million

Round Type

Funding Round

SydneyFinancial ServicesEmployee BenefitsInsurtechInsurance

Investors

Firemark VenturesRegal Funds Management

Description

Mortgage disruptor Tic:Toc plans to add insurance products to its technology platform after closing a $54 million funding round that values the business at $254 million and gives it more breathing space to prepare for an initial public offering.

Quick answer

Insurance Australia Group raised $54 Million in a Funding Round round, dated December 15, 2022. Investors: Firemark Ventures and Regal Funds Management. Insurance Australia Group is based in Sydney, New South Wales, Australia.

How much did Insurance Australia Group raise?
Insurance Australia Group raised $54 Million in a Funding Round round on December 15, 2022.
Who invested in Insurance Australia Group?
Firemark Ventures and Regal Funds Management are named as investors in this round.
What does Insurance Australia Group do?
Insurance Australia Group (IAG) is a leading general insurance company, providing a diverse range of insurance products.
Where is Insurance Australia Group based and how big is it?
Insurance Australia Group is based in Sydney, New South Wales, Australia.
Who are the decision-makers at Insurance Australia Group?
Fundz holds 2 contacts at Insurance Australia Group, including the Principal HR Business Partnering. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Employee Benefits around the same time

Companies in the same sectors as Insurance Australia Group that raised within 45 days of this round, from Fundz verified event records.

  • Coverdash raised an undisclosed amount (Seed) on January 23, 2023.
  • CyberCube raised $50M (Funding Round) on December 19, 2022.
  • CyberCube raised $36M on December 16, 2022.
  • Brightside raised an undisclosed amount (Series B) on November 10, 2022.
  • Cover Genius raised $70M (Funding Round) on November 1, 2022.
  • Salv raised $4.3M (Seed) on January 26, 2023.

Who to call at Insurance Australia Group, and when

A new round usually means Insurance Australia Group is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Insurance Australia Group raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Insurance Australia Group, from your own LinkedIn network

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Company Information

Company

Insurance Australia Group

Location

Sydney, New South Wales, Australia

About

Insurance Australia Group (IAG) is a leading general insurance company, providing a diverse range of insurance products. The company is focused on delivering innovative and customer-driven solutions. IAG operates under various well-known brands across Australia and New Zealand. It aims to support its customers during uncertain times with high-quality coverage.

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Fundz sees it the moment Insurance Australia Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsHaris J., Principal HR Business PartneringSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Insurance Australia Group's next move

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Insurance Australia Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.